SignalPoint Asset Management LLC Sells 132 Shares of iShares Select Dividend ETF (NASDAQ:DVY)

SignalPoint Asset Management LLC trimmed its stake in iShares Select Dividend ETF (NASDAQ:DVY) by 1.5% during the fourth quarter, Holdings Channel reports. The fund owned 8,882 shares of the company’s stock after selling 132 shares during the quarter. SignalPoint Asset Management LLC’s holdings in iShares Select Dividend ETF were worth $1,166,000 as of its most recent filing with the SEC.

A number of other institutional investors have also made changes to their positions in the stock. International Assets Investment Management LLC raised its stake in shares of iShares Select Dividend ETF by 17,525.9% in the 3rd quarter. International Assets Investment Management LLC now owns 4,372,993 shares of the company’s stock valued at $590,660,000 after acquiring an additional 4,348,183 shares in the last quarter. LPL Financial LLC grew its holdings in iShares Select Dividend ETF by 4.6% in the 3rd quarter. LPL Financial LLC now owns 1,465,825 shares of the company’s stock valued at $197,989,000 after buying an additional 64,620 shares during the last quarter. JPMorgan Chase & Co. grew its holdings in iShares Select Dividend ETF by 0.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,380,841 shares of the company’s stock valued at $186,510,000 after buying an additional 7,012 shares during the last quarter. Raymond James & Associates grew its holdings in iShares Select Dividend ETF by 2.9% in the 3rd quarter. Raymond James & Associates now owns 584,439 shares of the company’s stock valued at $78,940,000 after buying an additional 16,512 shares during the last quarter. Finally, Rockefeller Capital Management L.P. grew its holdings in iShares Select Dividend ETF by 0.5% in the 3rd quarter. Rockefeller Capital Management L.P. now owns 403,745 shares of the company’s stock valued at $54,510,000 after buying an additional 2,072 shares during the last quarter. 46.08% of the stock is owned by institutional investors.

iShares Select Dividend ETF Stock Up 1.3 %

DVY opened at $132.80 on Thursday. The firm has a market capitalization of $20.22 billion, a P/E ratio of 13.25 and a beta of 0.87. The stock’s 50 day moving average price is $136.10 and its two-hundred day moving average price is $132.62. iShares Select Dividend ETF has a 12-month low of $112.42 and a 12-month high of $144.09.

iShares Select Dividend ETF Cuts Dividend

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

iShares Select Dividend ETF Company 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.