Raymond James Trust N.A. Reduces Holdings in iShares Select Dividend ETF (NASDAQ:DVY)

Raymond James Trust N.A. reduced its stake in iShares Select Dividend ETF (NASDAQ:DVY) by 1.5% during the third quarter, Holdings Channel.com reports. The firm owned 59,546 shares of the company’s stock after selling 897 shares during the period. Raymond James Trust N.A.’s holdings in iShares Select Dividend ETF were worth $8,043,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of DVY. International Assets Investment Management LLC boosted its holdings in shares of iShares Select Dividend ETF by 17,525.9% during the third 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 during the period. Jane Street Group LLC grew its position 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 worth $76,060,000 after buying an additional 586,170 shares during the last quarter. Miller Howard Investments Inc. NY increased its stake in shares of iShares Select Dividend ETF by 400.3% during the second quarter. Miller Howard Investments Inc. NY now owns 315,140 shares of the company’s stock valued at $38,126,000 after buying an additional 252,150 shares during the period. National Bank of Canada FI raised its holdings in shares of iShares Select Dividend ETF by 72.7% during the second quarter. National Bank of Canada FI now owns 213,193 shares of the company’s stock valued at $25,556,000 after acquiring an additional 89,727 shares in the last quarter. Finally, LPL Financial LLC lifted its stake in iShares Select Dividend ETF by 4.6% in the third quarter. LPL Financial LLC now owns 1,465,825 shares of the company’s stock worth $197,989,000 after acquiring an additional 64,620 shares during the period. Institutional investors own 46.08% of the company’s stock.

iShares Select Dividend ETF Trading Up 1.3 %

Shares of iShares Select Dividend ETF stock opened at $140.80 on Friday. iShares Select Dividend ETF has a 12-month low of $109.54 and a 12-month high of $140.98. The company has a market cap of $20.98 billion, a P/E ratio of 13.25 and a beta of 0.87. The company’s fifty day simple moving average is $135.57 and its two-hundred day simple moving average is $129.07.

iShares Select Dividend ETF Dividend Announcement

The business also recently declared a dividend, which was paid on Monday, September 30th. Investors of record on Wednesday, September 25th were paid a $1.5496 dividend. 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.