Savant Capital LLC Sells 688 Shares of iShares Select Dividend ETF $DVY

Savant Capital LLC reduced its position in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 6.2% in the second quarter, HoldingsChannel.com reports. The firm owned 10,387 shares of the company’s stock after selling 688 shares during the period. Savant Capital LLC’s holdings in iShares Select Dividend ETF were worth $1,380,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in DVY. Brighton Jones LLC lifted its stake in iShares Select Dividend ETF by 0.7% in the second quarter. Brighton Jones LLC now owns 11,418 shares of the company’s stock worth $1,516,000 after acquiring an additional 75 shares during the period. Precedent Wealth Partners LLC raised its holdings in iShares Select Dividend ETF by 0.7% in the 2nd quarter. Precedent Wealth Partners LLC now owns 11,185 shares of the company’s stock worth $1,486,000 after purchasing an additional 77 shares in the last quarter. Keudell Morrison Wealth Management lifted its position in shares of iShares Select Dividend ETF by 1.0% in the 2nd quarter. Keudell Morrison Wealth Management now owns 8,224 shares of the company’s stock worth $1,092,000 after purchasing an additional 79 shares during the period. TFC Financial Management Inc. boosted its stake in shares of iShares Select Dividend ETF by 2.3% during the 2nd quarter. TFC Financial Management Inc. now owns 3,567 shares of the company’s stock valued at $474,000 after purchasing an additional 80 shares in the last quarter. Finally, CRA Financial Services LLC increased its position in shares of iShares Select Dividend ETF by 1.0% during the second quarter. CRA Financial Services LLC now owns 9,620 shares of the company’s stock valued at $1,278,000 after buying an additional 91 shares during the period. 46.08% of the stock is currently owned by institutional investors.

iShares Select Dividend ETF Price Performance

Shares of DVY opened at $142.08 on Thursday. iShares Select Dividend ETF has a one year low of $115.94 and a one year high of $144.09. The company has a 50-day simple moving average of $140.88 and a two-hundred day simple moving average of $136.56. The firm has a market capitalization of $20.80 billion, a PE ratio of 13.69 and a beta of 0.77.

iShares Select Dividend ETF Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, September 19th. Investors of record on Tuesday, September 16th were given 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 annualized dividend and a dividend yield of 3.5%. The ex-dividend date was Tuesday, September 16th.

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.