iShares Select Dividend ETF (NASDAQ:DVY) Shares Sold by Envestnet Portfolio Solutions Inc.

Envestnet Portfolio Solutions Inc. lessened its holdings in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 9.4% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 29,649 shares of the company’s stock after selling 3,073 shares during the quarter. Envestnet Portfolio Solutions Inc.’s holdings in iShares Select Dividend ETF were worth $3,893,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently modified their holdings of DVY. Thrivent Financial for Lutherans increased its stake in shares of iShares Select Dividend ETF by 48.0% during the third quarter. Thrivent Financial for Lutherans now owns 34,012 shares of the company’s stock valued at $4,594,000 after acquiring an additional 11,032 shares during the period. Prospera Financial Services Inc boosted its stake in iShares Select Dividend ETF by 4.7% during the 3rd quarter. Prospera Financial Services Inc now owns 30,314 shares of the company’s stock valued at $4,095,000 after purchasing an additional 1,354 shares in the last quarter. Fifth Third Wealth Advisors LLC increased its position in shares of iShares Select Dividend ETF by 8.8% during the 3rd quarter. Fifth Third Wealth Advisors LLC now owns 132,122 shares of the company’s stock valued at $17,846,000 after purchasing an additional 10,637 shares during the period. SouthState Corp raised its stake in shares of iShares Select Dividend ETF by 11.1% in the 3rd quarter. SouthState Corp now owns 6,056 shares of the company’s stock worth $818,000 after buying an additional 606 shares in the last quarter. Finally, Banque Cantonale Vaudoise lifted its holdings in shares of iShares Select Dividend ETF by 10.1% in the third quarter. Banque Cantonale Vaudoise now owns 798 shares of the company’s stock valued at $108,000 after buying an additional 73 shares during the period. Institutional investors own 46.08% of the company’s stock.

iShares Select Dividend ETF Stock Down 1.1 %

NASDAQ:DVY opened at $132.97 on Wednesday. The business’s 50-day moving average price is $134.40 and its 200 day moving average price is $135.09. iShares Select Dividend ETF has a 52-week low of $115.43 and a 52-week high of $144.09. The firm has a market cap of $19.64 billion, a P/E ratio of 15.96 and a beta of 0.88.

iShares Select Dividend ETF Cuts Dividend

The firm also recently disclosed a dividend, which will be paid on Friday, March 21st. Stockholders of record on Tuesday, March 18th will be paid a $1.0495 dividend. The ex-dividend date is Tuesday, March 18th.

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.