Syntegra Private Wealth Group LLC Reduces Position in iShares Select Dividend ETF (NASDAQ:DVY)

Syntegra Private Wealth Group LLC cut its holdings in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 2.5% during the 3rd quarter, Holdings Channel.com reports. The firm owned 11,573 shares of the company’s stock after selling 298 shares during the quarter. Syntegra Private Wealth Group LLC’s holdings in iShares Select Dividend ETF were worth $1,563,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. Addison Advisors LLC lifted its holdings in iShares Select Dividend ETF by 107.1% during the second quarter. Addison Advisors LLC now owns 232 shares of the company’s stock valued at $28,000 after purchasing an additional 120 shares during the last quarter. 1620 Investment Advisors Inc. bought a new stake in shares of iShares Select Dividend ETF during the second quarter valued at about $30,000. ORG Partners LLC bought a new stake in shares of iShares Select Dividend ETF during the second quarter valued at about $32,000. ORG Wealth Partners LLC bought a new stake in shares of iShares Select Dividend ETF during the third quarter valued at about $36,000. Finally, Family Firm Inc. bought a new stake in shares of iShares Select Dividend ETF during the second quarter valued at about $36,000. 46.08% of the stock is owned by hedge funds and other institutional investors.

iShares Select Dividend ETF Price Performance

Shares of DVY traded up $0.08 during midday trading on Wednesday, hitting $135.29. 38,608 shares of the company traded hands, compared to its average volume of 461,790. The stock has a 50-day moving average of $133.38 and a 200-day moving average of $126.53. iShares Select Dividend ETF has a one year low of $102.66 and a one year high of $137.26. The firm has a market cap of $20.22 billion, a P/E ratio of 13.25 and a beta of 0.87.

iShares Select Dividend ETF Announces Dividend

The business also recently declared a dividend, which was paid on Monday, September 30th. Stockholders of record on Wednesday, September 25th were given a dividend of $1.5496 per share. The ex-dividend date of this dividend was Wednesday, September 25th.

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.