Blair William & Co. IL Trims Stake in iShares Select Dividend ETF (NASDAQ:DVY)

Blair William & Co. IL trimmed its position in shares of iShares Select Dividend ETF (NASDAQ:DVYFree Report) by 2.9% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 224,120 shares of the company’s stock after selling 6,749 shares during the quarter. Blair William & Co. IL’s holdings in iShares Select Dividend ETF were worth $24,124,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently modified their holdings of DVY. Citigroup Inc. raised its holdings in iShares Select Dividend ETF by 340.7% in the 1st quarter. Citigroup Inc. now owns 16,028 shares of the company’s stock worth $2,054,000 after purchasing an additional 12,391 shares during the period. Allianz Asset Management GmbH bought a new position in iShares Select Dividend ETF in the 1st quarter worth $2,396,000. First Western Trust Bank bought a new position in iShares Select Dividend ETF in the 1st quarter worth $1,188,000. Prudential Financial Inc. bought a new position in iShares Select Dividend ETF in the 1st quarter worth $205,000. Finally, Worth Asset Management LLC bought a new position in iShares Select Dividend ETF in the 1st quarter worth $177,000. 47.25% of the stock is owned by institutional investors.

iShares Select Dividend ETF Stock Performance

Shares of iShares Select Dividend ETF stock opened at $114.16 on Friday. iShares Select Dividend ETF has a one year low of $102.66 and a one year high of $126.15. The stock’s fifty day moving average is $116.03 and its 200 day moving average is $112.39. The stock has a market cap of $18.03 billion, a P/E ratio of 11.69 and a beta of 0.87.

iShares Select Dividend ETF Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, December 27th. Investors of record on Thursday, December 21st were issued a $1.189 dividend. The ex-dividend date of this dividend was Wednesday, December 20th. This represents a $4.76 dividend on an annualized basis and a yield of 4.17%.

About iShares Select Dividend ETF

(Free Report)

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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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:DVYFree Report).

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

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