iShares Select Dividend ETF $DVY Shares Sold by Sculati Wealth Management LLC

Sculati Wealth Management LLC trimmed its position in iShares Select Dividend ETF (NASDAQ:DVY) by 19.7% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 6,998 shares of the company’s stock after selling 1,720 shares during the period. Sculati Wealth Management LLC’s holdings in iShares Select Dividend ETF were worth $929,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Brighton Jones LLC lifted its stake in shares of iShares Select Dividend ETF by 14.3% in the 4th quarter. Brighton Jones LLC now owns 12,212 shares of the company’s stock worth $1,603,000 after acquiring an additional 1,524 shares during the period. Signaturefd LLC raised its holdings in iShares Select Dividend ETF by 6.3% during the first quarter. Signaturefd LLC now owns 1,780 shares of the company’s stock worth $239,000 after purchasing an additional 106 shares in the last quarter. Verdence Capital Advisors LLC raised its holdings in iShares Select Dividend ETF by 2.3% during the first quarter. Verdence Capital Advisors LLC now owns 10,667 shares of the company’s stock worth $1,432,000 after purchasing an additional 240 shares in the last quarter. Carson Advisory Inc. lifted its position in iShares Select Dividend ETF by 27.1% in the first quarter. Carson Advisory Inc. now owns 2,159 shares of the company’s stock valued at $290,000 after purchasing an additional 460 shares during the period. Finally, Creekmur Asset Management LLC boosted its holdings in iShares Select Dividend ETF by 123.2% in the 1st quarter. Creekmur Asset Management LLC now owns 1,328 shares of the company’s stock valued at $178,000 after purchasing an additional 733 shares in the last quarter. 46.08% of the stock is owned by institutional investors and hedge funds.

iShares Select Dividend ETF Trading Down 0.2%

NASDAQ DVY opened at $140.64 on Friday. The business’s 50 day moving average is $140.84 and its two-hundred day moving average is $136.68. iShares Select Dividend ETF has a 12-month low of $115.94 and a 12-month high of $144.09. The stock has a market capitalization of $20.59 billion, a price-to-earnings ratio of 13.69 and a beta of 0.77.

iShares Select Dividend ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 19th. Investors of record on Tuesday, September 16th were issued a dividend of $1.2465 per share. This is a boost from iShares Select Dividend ETF’s previous quarterly dividend of $1.23. This represents a $4.99 dividend on an annualized basis and a yield of 3.5%. The ex-dividend date of this dividend was Tuesday, September 16th.

About iShares Select Dividend ETF

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.