iShares Select Dividend ETF (NASDAQ:DVY) Shares Sold by Arthur M. Cohen & Associates LLC

Arthur M. Cohen & Associates LLC reduced its holdings in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 7.2% during the 1st quarter, according to its most recent 13F filing with the SEC. The fund owned 4,223 shares of the company’s stock after selling 326 shares during the period. Arthur M. Cohen & Associates LLC’s holdings in iShares Select Dividend ETF were worth $567,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently bought and sold shares of the business. Charles Schwab Investment Management Inc. raised its stake in shares of iShares Select Dividend ETF by 588.4% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 288,441 shares of the company’s stock worth $37,869,000 after purchasing an additional 246,540 shares during the last quarter. LPL Financial LLC increased its stake in iShares Select Dividend ETF by 8.9% in the 4th quarter. LPL Financial LLC now owns 1,596,398 shares of the company’s stock valued at $209,591,000 after buying an additional 130,573 shares during the period. Accredited Investors Inc. increased its stake in iShares Select Dividend ETF by 37.3% in the 4th quarter. Accredited Investors Inc. now owns 3,141 shares of the company’s stock valued at $412,000 after buying an additional 853 shares during the period. Private Trust Co. NA raised its position in iShares Select Dividend ETF by 1.5% during the 4th quarter. Private Trust Co. NA now owns 8,136 shares of the company’s stock worth $1,068,000 after buying an additional 121 shares during the last quarter. Finally, Worth Financial Advisory Group LLC lifted its stake in shares of iShares Select Dividend ETF by 13.1% in the 4th quarter. Worth Financial Advisory Group LLC now owns 1,819 shares of the company’s stock worth $239,000 after acquiring an additional 210 shares during the period. 46.08% of the stock is currently owned by institutional investors and hedge funds.

iShares Select Dividend ETF Stock Down 0.9%

Shares of NASDAQ:DVY opened at $130.58 on Thursday. iShares Select Dividend ETF has a fifty-two week low of $115.94 and a fifty-two week high of $144.09. The firm’s 50-day simple moving average is $128.56 and its 200-day simple moving average is $132.85. The company has a market cap of $19.31 billion, a price-to-earnings ratio of 15.12 and a beta of 0.87.

iShares Select Dividend ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Friday, March 21st. Shareholders of record on Tuesday, March 18th were issued a $1.0495 dividend. The ex-dividend date was Tuesday, March 18th.

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.