iShares Select Dividend ETF (NASDAQ:DVY) Shares Sold by Mesirow Financial Investment Management Inc.

Mesirow Financial Investment Management Inc. cut its holdings in iShares Select Dividend ETF (NASDAQ:DVY) by 3.9% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 6,245 shares of the company’s stock after selling 251 shares during the period. Mesirow Financial Investment Management Inc.’s holdings in iShares Select Dividend ETF were worth $820,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also modified their holdings of DVY. Raymond James Financial Inc. acquired a new position in shares of iShares Select Dividend ETF in the 4th quarter valued at about $156,322,000. Miller Howard Investments Inc. NY boosted its holdings in shares of iShares Select Dividend ETF by 369.5% in the 4th quarter. Miller Howard Investments Inc. NY now owns 498,927 shares of the company’s stock valued at $65,504,000 after buying an additional 392,667 shares during the period. Charles Schwab Investment Management Inc. boosted its holdings in shares of iShares Select Dividend ETF by 588.4% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 288,441 shares of the company’s stock valued at $37,869,000 after buying an additional 246,540 shares during the period. Private Advisor Group LLC boosted its stake in iShares Select Dividend ETF by 94.0% during the 4th quarter. Private Advisor Group LLC now owns 384,003 shares of the company’s stock valued at $50,416,000 after purchasing an additional 186,055 shares during the period. Finally, Gilman Hill Asset Management LLC boosted its stake in iShares Select Dividend ETF by 1,439.1% during the 4th quarter. Gilman Hill Asset Management LLC now owns 161,377 shares of the company’s stock valued at $21,187,000 after purchasing an additional 150,892 shares during the period. 46.08% of the stock is owned by institutional investors and hedge funds.

iShares Select Dividend ETF Trading Up 1.0 %

DVY stock opened at $134.30 on Friday. iShares Select Dividend ETF has a 52 week low of $115.43 and a 52 week high of $144.09. The company has a market capitalization of $19.96 billion, a price-to-earnings ratio of 16.35 and a beta of 0.87. The firm’s 50-day moving average is $134.22 and its two-hundred day moving average is $135.06.

iShares Select Dividend ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Friday, December 20th. Investors of record on Tuesday, December 17th were issued a $1.3164 dividend. The ex-dividend date of this dividend was Tuesday, December 17th.

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.