Capital Directions Investment Advisors LLC lowered its position in shares of iShares Select Dividend ETF (NYSEARCA:DVY) by 45.3% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 1,962 shares of the company’s stock after selling 1,625 shares during the quarter. Capital Directions Investment Advisors LLC’s holdings in iShares Select Dividend ETF were worth $181,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in the business. Federated Investors Inc. PA increased its holdings in iShares Select Dividend ETF by 244.9% in the 2nd quarter. Federated Investors Inc. PA now owns 1,207 shares of the company’s stock worth $111,000 after buying an additional 857 shares in the last quarter. Benjamin F. Edwards & Company Inc. increased its holdings in iShares Select Dividend ETF by 100.9% in the 2nd quarter. Benjamin F. Edwards & Company Inc. now owns 1,274 shares of the company’s stock worth $117,000 after buying an additional 640 shares in the last quarter. Monetary Management Group Inc. increased its holdings in iShares Select Dividend ETF by 8.5% in the 2nd quarter. Monetary Management Group Inc. now owns 1,275 shares of the company’s stock worth $118,000 after buying an additional 100 shares in the last quarter. Pittenger & Anderson Inc. increased its holdings in iShares Select Dividend ETF by 12.6% in the 2nd quarter. Pittenger & Anderson Inc. now owns 1,345 shares of the company’s stock worth $124,000 after buying an additional 150 shares in the last quarter. Finally, Edge Wealth Management LLC increased its holdings in iShares Select Dividend ETF by 37.4% in the 2nd quarter. Edge Wealth Management LLC now owns 1,763 shares of the company’s stock worth $162,000 after buying an additional 480 shares in the last quarter.

iShares Select Dividend ETF (NYSEARCA DVY) traded up 0.16% during midday trading on Thursday, reaching $94.95. The company had a trading volume of 190,184 shares. The firm has a 50-day moving average of $93.25 and a 200 day moving average of $92.29. iShares Select Dividend ETF has a 1-year low of $81.74 and a 1-year high of $94.97.

The firm also recently declared a quarterly dividend, which was paid on Friday, September 29th. Shareholders of record on Wednesday, September 27th were paid a $0.7277 dividend. This represents a $2.91 dividend on an annualized basis and a yield of 3.07%. The ex-dividend date of this dividend was Tuesday, September 26th.

WARNING: This news story was originally posted by Watch List News and is owned by of Watch List News. If you are accessing this news story on another publication, it was illegally copied and republished in violation of international copyright & trademark law. The legal version of this news story can be read at https://www.watchlistnews.com/capital-directions-investment-advisors-llc-sells-1625-shares-of-ishares-select-dividend-etf-dvy/1626163.html.

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.

Institutional Ownership by Quarter for iShares Select Dividend ETF (NYSEARCA:DVY)

Receive News & Ratings for iShares Select Dividend ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Select Dividend ETF and related companies with Analyst Ratings Network's FREE daily email newsletter.