PFG Investments LLC Sells 282 Shares of iShares Select Dividend ETF (NASDAQ:DVY)

PFG Investments LLC reduced its position in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 1.9% during the 4th quarter, HoldingsChannel.com reports. The firm owned 14,255 shares of the company’s stock after selling 282 shares during the quarter. PFG Investments LLC’s holdings in iShares Select Dividend ETF were worth $1,872,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. International Assets Investment Management LLC raised its position in iShares Select Dividend ETF by 17,525.9% during the 3rd quarter. International Assets Investment Management LLC now owns 4,372,993 shares of the company’s stock worth $590,660,000 after purchasing an additional 4,348,183 shares during the last quarter. LPL Financial LLC increased its stake in shares of iShares Select Dividend ETF by 4.6% in the third 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 period. JPMorgan Chase & Co. raised its position in shares of iShares Select Dividend ETF by 0.5% during the third quarter. JPMorgan Chase & Co. now owns 1,380,841 shares of the company’s stock worth $186,510,000 after acquiring an additional 7,012 shares during the last quarter. Raymond James & Associates lifted its stake in shares of iShares Select Dividend ETF by 2.9% in the third quarter. Raymond James & Associates now owns 584,439 shares of the company’s stock worth $78,940,000 after acquiring an additional 16,512 shares during the period. Finally, Rockefeller Capital Management L.P. boosted its holdings in iShares Select Dividend ETF by 0.5% in the third quarter. Rockefeller Capital Management L.P. now owns 403,745 shares of the company’s stock valued at $54,510,000 after acquiring an additional 2,072 shares during the last quarter. Institutional investors and hedge funds own 46.08% of the company’s stock.

iShares Select Dividend ETF Stock Performance

NASDAQ:DVY opened at $136.13 on Tuesday. The company has a market capitalization of $20.40 billion, a PE ratio of 13.25 and a beta of 0.87. iShares Select Dividend ETF has a fifty-two week low of $112.42 and a fifty-two week high of $144.09. The company has a 50 day simple moving average of $135.50 and a two-hundred day simple moving average of $133.40.

iShares Select Dividend ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Friday, December 20th. Investors of record on Tuesday, December 17th were paid a dividend of $1.3164 per share. 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.