iShares Select Dividend ETF (NASDAQ:DVY) Stake Lessened by Marco Investment Management LLC

Marco Investment Management LLC lessened its stake in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 4.0% during the third quarter, Holdings Channel.com reports. The fund owned 5,537 shares of the company’s stock after selling 229 shares during the period. Marco Investment Management LLC’s holdings in iShares Select Dividend ETF were worth $748,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in DVY. International Assets Investment Management LLC lifted its holdings in 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 during the last quarter. Jane Street Group LLC lifted its stake in iShares Select Dividend ETF by 1,872.8% during the first quarter. Jane Street Group LLC now owns 617,469 shares of the company’s stock valued at $76,060,000 after purchasing an additional 586,170 shares during the last quarter. Miller Howard Investments Inc. NY boosted its holdings in iShares Select Dividend ETF by 400.3% during the second 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 in the last quarter. National Bank of Canada FI boosted its holdings in iShares Select Dividend ETF by 72.7% during the second 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 in the last quarter. Finally, LPL Financial LLC grew its position in 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 worth $197,989,000 after buying an additional 64,620 shares during the last quarter. 46.08% of the stock is currently owned by institutional investors and hedge funds.

iShares Select Dividend ETF Stock Performance

Shares of NASDAQ:DVY opened at $142.08 on Friday. The company has a market capitalization of $21.17 billion, a PE ratio of 13.25 and a beta of 0.87. The stock has a fifty day moving average of $135.74 and a 200-day moving average of $129.26. iShares Select Dividend ETF has a one year low of $109.90 and a one year high of $142.38.

iShares Select Dividend ETF Dividend Announcement

The business also recently announced a dividend, which was paid on Monday, September 30th. Stockholders of record on Wednesday, September 25th were given a dividend of $1.5496 per share. 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.