Lido Advisors LLC cut its holdings in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 23.5% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 7,717 shares of the company’s stock after selling 2,366 shares during the period. Lido Advisors LLC’s holdings in iShares Select Dividend ETF were worth $778,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently made changes to their positions in the company. Gradient Investments LLC raised its holdings in iShares Select Dividend ETF by 273.0% during the third quarter. Gradient Investments LLC now owns 4,111 shares of the company’s stock worth $102,000 after purchasing an additional 3,009 shares in the last quarter. Polaris Greystone Financial Group LLC bought a new stake in iShares Select Dividend ETF during the third quarter worth approximately $105,000. Trustcore Financial Services LLC raised its holdings in iShares Select Dividend ETF by 191.2% during the third quarter. Trustcore Financial Services LLC now owns 1,296 shares of the company’s stock worth $129,000 after purchasing an additional 851 shares in the last quarter. Truvestments Capital LLC bought a new stake in iShares Select Dividend ETF during the third quarter worth approximately $144,000. Finally, Ruggie Capital Group bought a new stake in iShares Select Dividend ETF during the second quarter worth approximately $158,000.

Shares of NASDAQ:DVY opened at $96.26 on Friday. iShares Select Dividend ETF has a 12 month low of $91.67 and a 12 month high of $102.54.

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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.

Further Reading: Bull Market

Want to see what other hedge funds are holding DVY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Select Dividend ETF (NASDAQ:DVY).

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

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