iShares Select Dividend ETF $DVY Shares Sold by Tred Avon Family Wealth LLC

Tred Avon Family Wealth LLC cut its holdings in iShares Select Dividend ETF (NASDAQ:DVY) by 76.1% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,333 shares of the company’s stock after selling 4,250 shares during the quarter. Tred Avon Family Wealth LLC’s holdings in iShares Select Dividend ETF were worth $202,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Northwestern Mutual Wealth Management Co. boosted its position in shares of iShares Select Dividend ETF by 1,771.5% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 6,385,482 shares of the company’s stock valued at $901,247,000 after purchasing an additional 6,044,290 shares in the last quarter. Miller Howard Investments Inc. NY lifted its stake in iShares Select Dividend ETF by 745.9% during the fourth quarter. Miller Howard Investments Inc. NY now owns 505,689 shares of the company’s stock valued at $71,373,000 after purchasing an additional 445,910 shares during the last quarter. Align Financial LLC bought a new stake in iShares Select Dividend ETF during the fourth quarter worth approximately $39,639,000. Bank of America Corp DE grew its position in iShares Select Dividend ETF by 3.3% in the third quarter. Bank of America Corp DE now owns 8,096,893 shares of the company’s stock worth $1,150,568,000 after buying an additional 256,434 shares during the last quarter. Finally, Morgan Stanley increased its holdings in shares of iShares Select Dividend ETF by 3.6% in the fourth quarter. Morgan Stanley now owns 6,506,794 shares of the company’s stock valued at $918,369,000 after buying an additional 224,125 shares in the last quarter. 46.08% of the stock is owned by institutional investors and hedge funds.

iShares Select Dividend ETF Stock Performance

Shares of NASDAQ:DVY opened at $157.90 on Tuesday. The company has a market capitalization of $23.23 billion, a PE ratio of 13.69 and a beta of 0.66. The stock has a fifty day moving average of $154.27 and a 200-day moving average of $151.27. iShares Select Dividend ETF has a one year low of $131.86 and a one year high of $160.38.

iShares Select Dividend ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, June 18th. Investors of record on Monday, June 15th were given a $1.2472 dividend. This is a positive change from iShares Select Dividend ETF’s previous quarterly dividend of $1.15. The ex-dividend date was Monday, June 15th. This represents a $4.99 dividend on an annualized basis and a dividend yield of 3.2%.

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. The Index consists of 100 of the highest dividend-yielding securities (excluding real estate investment trusts (REITs) in the Dow Jones U.S.