Carret Asset Management LLC Cuts Position in iShares Select Dividend ETF (NASDAQ:DVY)

Carret Asset Management LLC decreased its holdings in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 0.2% in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 48,858 shares of the company’s stock after selling 80 shares during the period. Carret Asset Management LLC’s holdings in iShares Select Dividend ETF were worth $6,599,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in the business. Brookstone Capital Management boosted its stake in iShares Select Dividend ETF by 3.9% in the 1st quarter. Brookstone Capital Management now owns 2,752 shares of the company’s stock worth $339,000 after purchasing an additional 103 shares in the last quarter. Cornerstone Wealth Group LLC purchased a new position in iShares Select Dividend ETF in the first quarter worth about $1,082,000. Francis Financial Inc. bought a new position in shares of iShares Select Dividend ETF in the first quarter worth approximately $206,000. Wolff Wiese Magana LLC grew its holdings in shares of iShares Select Dividend ETF by 0.7% during the first quarter. Wolff Wiese Magana LLC now owns 20,954 shares of the company’s stock valued at $2,581,000 after buying an additional 139 shares during the last quarter. Finally, O ROURKE & COMPANY Inc increased its position in shares of iShares Select Dividend ETF by 6.1% during the first quarter. O ROURKE & COMPANY Inc now owns 7,861 shares of the company’s stock valued at $968,000 after acquiring an additional 453 shares in the last quarter. 46.08% of the stock is currently owned by hedge funds and other institutional investors.

iShares Select Dividend ETF Stock Down 1.1 %

Shares of NASDAQ DVY opened at $133.65 on Friday. The firm has a market cap of $19.92 billion, a P/E ratio of 13.25 and a beta of 0.87. iShares Select Dividend ETF has a twelve month low of $102.66 and a twelve month high of $137.26. The company has a 50 day moving average of $133.75 and a 200 day moving average of $126.76.

iShares Select Dividend ETF Dividend Announcement

The firm also recently declared a dividend, which was paid on Monday, September 30th. Stockholders of record on Wednesday, September 25th were paid a $1.5496 dividend. The ex-dividend date of this dividend was Wednesday, September 25th.

iShares Select Dividend ETF Profile

iShares Select Dividend ETF, formerly iShares Dow Jones Select Dividend Index Fund (the Fund), is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield performance of the Dow Jones U.S. Select Dividend Index (the Index). The Index measures the performance of a selected group of equity securities issued by companies that have provided relatively high dividend yields on a consistent basis over time.