Concourse Financial Group Securities Inc. Cuts Stock Position in iShares Select Dividend ETF (NASDAQ:DVY)

Concourse Financial Group Securities Inc. lowered its position in iShares Select Dividend ETF (NASDAQ:DVY) by 2.2% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 16,993 shares of the company’s stock after selling 385 shares during the period. Concourse Financial Group Securities Inc.’s holdings in iShares Select Dividend ETF were worth $2,295,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of DVY. Jane Street Group LLC grew its position in shares of iShares Select Dividend ETF by 1,872.8% in the 1st quarter. Jane Street Group LLC now owns 617,469 shares of the company’s stock worth $76,060,000 after buying an additional 586,170 shares during the last quarter. Miller Howard Investments Inc. NY grew its position in shares of iShares Select Dividend ETF by 400.3% in the 2nd quarter. Miller Howard Investments Inc. NY now owns 315,140 shares of the company’s stock worth $38,126,000 after buying an additional 252,150 shares during the last quarter. National Bank of Canada FI grew its position in shares of iShares Select Dividend ETF by 72.7% in the 2nd quarter. National Bank of Canada FI now owns 213,193 shares of the company’s stock worth $25,556,000 after buying an additional 89,727 shares during the last quarter. Fifth Third Wealth Advisors LLC grew its position in shares of iShares Select Dividend ETF by 728.9% in the 1st quarter. Fifth Third Wealth Advisors LLC now owns 73,108 shares of the company’s stock worth $9,005,000 after buying an additional 64,288 shares during the last quarter. Finally, Sanctuary Advisors LLC purchased a new position in shares of iShares Select Dividend ETF in the 2nd quarter worth approximately $5,769,000. Hedge funds and other institutional investors own 46.08% of the company’s stock.

iShares Select Dividend ETF Stock Up 1.1 %

DVY stock opened at $134.28 on Monday. The firm has a 50 day moving average of $131.93 and a 200 day moving average of $125.84. The stock has a market capitalization of $20.07 billion, a PE ratio of 13.25 and a beta of 0.87. iShares Select Dividend ETF has a 52 week low of $102.66 and a 52 week high of $136.36.

iShares Select Dividend ETF Announces Dividend

The business also recently announced a dividend, which was paid on Monday, September 30th. Investors of record on Wednesday, September 25th were paid a $1.5496 dividend. The ex-dividend date of this dividend was Wednesday, September 25th.

About iShares Select Dividend ETF

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.