Wintrust Investments LLC Sells 331 Shares of iShares Select Dividend ETF (NASDAQ:DVY)

Wintrust Investments LLC lowered its holdings in iShares Select Dividend ETF (NASDAQ:DVY) by 59.3% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 227 shares of the company’s stock after selling 331 shares during the period. Wintrust Investments LLC’s holdings in iShares Select Dividend ETF were worth $29,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. Wealthfront Advisers LLC grew its stake in iShares Select Dividend ETF by 194,486.4% during the fourth quarter. Wealthfront Advisers LLC now owns 24,488,697 shares of the company’s stock valued at $3,215,121,000 after acquiring an additional 24,476,112 shares in the last quarter. Bank of New York Mellon Corp grew its stake in iShares Select Dividend ETF by 0.7% during the fourth quarter. Bank of New York Mellon Corp now owns 1,881,782 shares of the company’s stock valued at $247,059,000 after acquiring an additional 13,228 shares in the last quarter. LPL Financial LLC grew its stake in iShares Select Dividend ETF by 4.6% during the third quarter. LPL Financial LLC now owns 1,465,825 shares of the company’s stock valued at $197,989,000 after acquiring an additional 64,620 shares in the last quarter. JPMorgan Chase & Co. grew its stake in 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 valued at $186,510,000 after acquiring an additional 7,012 shares in the last quarter. Finally, Truist Financial Corp grew its stake in iShares Select Dividend ETF by 3.9% during the fourth quarter. Truist Financial Corp now owns 1,195,080 shares of the company’s stock valued at $156,902,000 after acquiring an additional 44,508 shares in the last quarter. Institutional investors own 46.08% of the company’s stock.

iShares Select Dividend ETF Trading Up 2.0 %

Shares of NASDAQ:DVY opened at $133.17 on Friday. The company has a 50 day moving average of $134.29 and a 200 day moving average of $135.05. The stock has a market cap of $19.80 billion, a P/E ratio of 16.35 and a beta of 0.87. iShares Select Dividend ETF has a 12 month low of $115.43 and a 12 month high of $144.09.

iShares Select Dividend ETF Cuts Dividend

The company also recently disclosed 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 of this dividend was Tuesday, December 17th.

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.