Brave Asset Management Inc. Raises Stake in iShares Select Dividend ETF (NASDAQ:DVY)

Brave Asset Management Inc. increased its holdings in iShares Select Dividend ETF (NASDAQ:DVYGet Rating) by 625.2% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 44,046 shares of the company’s stock after acquiring an additional 37,972 shares during the quarter. iShares Select Dividend ETF makes up about 2.3% of Brave Asset Management Inc.’s investment portfolio, making the stock its 12th largest position. Brave Asset Management Inc.’s holdings in iShares Select Dividend ETF were worth $5,183,000 at the end of the most recent quarter.

A number of other hedge funds also recently added to or reduced their stakes in DVY. David J Yvars Group increased its holdings in iShares Select Dividend ETF by 701.1% in the 2nd quarter. David J Yvars Group now owns 13,146 shares of the company’s stock worth $1,567,000 after buying an additional 11,505 shares during the period. Miracle Mile Advisors LLC lifted its position in shares of iShares Select Dividend ETF by 16.4% during the 2nd quarter. Miracle Mile Advisors LLC now owns 12,724 shares of the company’s stock valued at $1,497,000 after buying an additional 1,794 shares in the last quarter. PDS Planning Inc lifted its position in shares of iShares Select Dividend ETF by 9.4% during the 2nd quarter. PDS Planning Inc now owns 2,783 shares of the company’s stock valued at $327,000 after buying an additional 240 shares in the last quarter. Gofen & Glossberg LLC IL lifted its holdings in iShares Select Dividend ETF by 0.4% in the 2nd quarter. Gofen & Glossberg LLC IL now owns 24,606 shares of the company’s stock valued at $2,895,000 after purchasing an additional 88 shares in the last quarter. Finally, LVM Capital Management Ltd. MI lifted its holdings in iShares Select Dividend ETF by 49.3% in the 2nd quarter. LVM Capital Management Ltd. MI now owns 2,773 shares of the company’s stock valued at $326,000 after purchasing an additional 916 shares in the last quarter.

iShares Select Dividend ETF Trading Down 2.6 %

DVY stock traded down $2.96 during midday trading on Friday, reaching $112.75. The stock had a trading volume of 29,353 shares, compared to its average volume of 1,140,491. iShares Select Dividend ETF has a 52-week low of $112.29 and a 52-week high of $133.33. The company’s fifty day simple moving average is $121.50 and its 200 day simple moving average is $123.51.

About iShares Select Dividend ETF

(Get Rating)

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.

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

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