Fulton Breakefield Broenniman LLC Sells 711 Shares of iShares Select Dividend ETF (NASDAQ:DVY)

Fulton Breakefield Broenniman LLC cut its holdings in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 4.4% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 15,348 shares of the company’s stock after selling 711 shares during the period. Fulton Breakefield Broenniman LLC’s holdings in iShares Select Dividend ETF were worth $2,073,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in DVY. Addison Advisors LLC increased its holdings in iShares Select Dividend ETF by 107.1% during the 2nd quarter. Addison Advisors LLC now owns 232 shares of the company’s stock worth $28,000 after purchasing an additional 120 shares in the last quarter. 1620 Investment Advisors Inc. purchased a new position in shares of iShares Select Dividend ETF during the second quarter valued at approximately $30,000. ORG Partners LLC bought a new stake in iShares Select Dividend ETF during the second quarter worth $32,000. Family Firm Inc. purchased a new stake in iShares Select Dividend ETF in the 2nd quarter valued at $36,000. Finally, ORG Wealth Partners LLC bought a new position in iShares Select Dividend ETF during the 3rd quarter valued at $36,000. 46.08% of the stock is owned by institutional investors.

iShares Select Dividend ETF Price Performance

DVY opened at $137.13 on Thursday. iShares Select Dividend ETF has a 1 year low of $102.66 and a 1 year high of $137.26. The company has a market capitalization of $20.49 billion, a price-to-earnings ratio of 13.25 and a beta of 0.87. The firm’s fifty day moving average price is $132.62 and its two-hundred day moving average price is $126.09.

iShares Select Dividend ETF Announces Dividend

The company also recently declared a dividend, which was paid on Monday, September 30th. Investors of record on Wednesday, September 25th were issued a dividend of $1.5496 per share. The ex-dividend date of this dividend was Wednesday, September 25th.

iShares Select Dividend ETF Company 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.