Fiducient Advisors LLC Sells 6,105 Shares of iShares Select Dividend ETF (NASDAQ:DVY)

Fiducient Advisors LLC lessened its holdings in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 34.1% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 11,799 shares of the company’s stock after selling 6,105 shares during the quarter. Fiducient Advisors LLC’s holdings in iShares Select Dividend ETF were worth $1,594,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Addison Advisors LLC lifted its holdings in shares of iShares Select Dividend ETF by 107.1% in the second quarter. Addison Advisors LLC now owns 232 shares of the company’s stock worth $28,000 after buying 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 worth approximately $30,000. ORG Partners LLC purchased a new position in shares of iShares Select Dividend ETF during the second quarter worth approximately $32,000. ORG Wealth Partners LLC purchased a new position in shares of iShares Select Dividend ETF during the third quarter worth approximately $36,000. Finally, Family Firm Inc. bought a new position in shares of iShares Select Dividend ETF in the second quarter worth approximately $36,000. Institutional investors own 46.08% of the company’s stock.

iShares Select Dividend ETF Stock Performance

Shares of iShares Select Dividend ETF stock opened at $134.34 on Thursday. iShares Select Dividend ETF has a 52-week low of $103.76 and a 52-week high of $137.26. The stock has a market capitalization of $20.03 billion, a price-to-earnings ratio of 13.25 and a beta of 0.87. The company’s 50 day moving average price is $133.98 and its 200-day moving average price is $127.09.

iShares Select Dividend ETF Dividend Announcement

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