iShares Select Dividend ETF (NASDAQ:DVY) Shares Sold by Patten & Patten Inc. TN

Patten & Patten Inc. TN lowered its position in iShares Select Dividend ETF (NASDAQ:DVY) by 2.5% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 7,380 shares of the company’s stock after selling 187 shares during the quarter. Patten & Patten Inc. TN’s holdings in iShares Select Dividend ETF were worth $997,000 at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in DVY. International Assets Investment Management LLC increased 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 in the last quarter. Jane Street Group LLC lifted its stake 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 valued at $76,060,000 after purchasing an additional 586,170 shares in the last quarter. Miller Howard Investments Inc. NY lifted its stake 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 valued at $38,126,000 after purchasing an additional 252,150 shares in the last quarter. National Bank of Canada FI lifted its stake 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 valued at $25,556,000 after purchasing an additional 89,727 shares in the last quarter. Finally, Fifth Third Wealth Advisors LLC lifted its position in iShares Select Dividend ETF by 66.2% during the 2nd quarter. Fifth Third Wealth Advisors LLC now owns 121,485 shares of the company’s stock worth $14,697,000 after acquiring an additional 48,377 shares in the last quarter. Hedge funds and other institutional investors own 46.08% of the company’s stock.

iShares Select Dividend ETF Stock Performance

iShares Select Dividend ETF stock opened at $139.10 on Tuesday. The stock’s 50 day moving average price is $134.46 and its 200 day moving average price is $128.02. The firm has a market capitalization of $20.73 billion, a PE ratio of 13.25 and a beta of 0.87. iShares Select Dividend ETF has a one year low of $105.65 and a one year high of $139.90.

iShares Select Dividend ETF Dividend Announcement

The firm also recently disclosed a dividend, which was paid on Monday, September 30th. Shareholders of record on Wednesday, September 25th were issued a dividend of $1.5496 per share. The ex-dividend date was Wednesday, September 25th.

iShares Select Dividend ETF 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.