Janney Montgomery Scott LLC Sells 2,472 Shares of iShares Select Dividend ETF (NASDAQ:DVY)

Janney Montgomery Scott LLC lowered its position in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 1.1% in the third quarter, HoldingsChannel reports. The firm owned 213,703 shares of the company’s stock after selling 2,472 shares during the period. Janney Montgomery Scott LLC’s holdings in iShares Select Dividend ETF were worth $28,865,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in the company. NewEdge Advisors LLC grew its holdings in shares of iShares Select Dividend ETF by 5.6% during the second quarter. NewEdge Advisors LLC now owns 75,747 shares of the company’s stock worth $9,164,000 after purchasing an additional 4,031 shares during the last quarter. Mather Group LLC. lifted its position in iShares Select Dividend ETF by 20.2% during the 2nd quarter. Mather Group LLC. now owns 3,278 shares of the company’s stock worth $404,000 after buying an additional 550 shares in the last quarter. Sequoia Financial Advisors LLC grew its holdings in iShares Select Dividend ETF by 2.2% during the 3rd quarter. Sequoia Financial Advisors LLC now owns 47,836 shares of the company’s stock worth $6,461,000 after acquiring an additional 1,041 shares during the last quarter. Fifth Third Securities Inc. increased its position in iShares Select Dividend ETF by 1.1% in the 2nd quarter. Fifth Third Securities Inc. now owns 26,939 shares of the company’s stock valued at $3,259,000 after acquiring an additional 294 shares in the last quarter. Finally, Global Retirement Partners LLC raised its stake in shares of iShares Select Dividend ETF by 12.0% in the third quarter. Global Retirement Partners LLC now owns 4,232 shares of the company’s stock worth $572,000 after acquiring an additional 455 shares during the last quarter. 46.08% of the stock is owned by institutional investors.

iShares Select Dividend ETF Trading Down 0.1 %

Shares of DVY stock opened at $133.38 on Tuesday. The firm has a market capitalization of $19.87 billion, a price-to-earnings ratio of 13.25 and a beta of 0.87. The firm’s 50 day moving average is $134.11 and its 200-day moving average is $127.53. iShares Select Dividend ETF has a 1 year low of $105.58 and a 1 year high of $137.26.

iShares Select Dividend ETF Dividend Announcement

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

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.