Financial Counselors Inc. Reduces Position in iShares Select Dividend ETF (NASDAQ:DVY)

Financial Counselors Inc. reduced its stake in iShares Select Dividend ETF (NASDAQ:DVY) by 0.7% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 22,064 shares of the company’s stock after selling 160 shares during the quarter. Financial Counselors Inc.’s holdings in iShares Select Dividend ETF were worth $2,897,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Wealthfront Advisers LLC boosted its stake in shares of iShares Select Dividend ETF by 194,486.4% during the 4th quarter. Wealthfront Advisers LLC now owns 24,488,697 shares of the company’s stock worth $3,215,121,000 after purchasing an additional 24,476,112 shares during the last quarter. Bank of New York Mellon Corp boosted its position 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 worth $247,059,000 after acquiring an additional 13,228 shares during the last quarter. LPL Financial LLC grew 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 worth $209,591,000 after acquiring an additional 130,573 shares during the period. JPMorgan Chase & Co. grew its stake in iShares Select Dividend ETF by 0.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,380,841 shares of the company’s stock worth $186,510,000 after acquiring an additional 7,012 shares during the period. Finally, Truist Financial Corp raised its holdings in iShares Select Dividend ETF by 3.9% in the 4th 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 during the last quarter. Institutional investors and hedge funds own 46.08% of the company’s stock.

iShares Select Dividend ETF Trading Down 0.1 %

NASDAQ DVY opened at $133.83 on Friday. The business’s 50-day moving average price is $134.75 and its 200 day moving average price is $135.09. iShares Select Dividend ETF has a twelve month low of $115.43 and a twelve month high of $144.09. The company has a market capitalization of $19.89 billion, a PE ratio of 15.96 and a beta of 0.87.

iShares Select Dividend ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Friday, March 21st. Shareholders of record on Tuesday, March 18th were given a dividend of $1.0495 per share. The ex-dividend date of this dividend 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.