Dupree Financial Group LLC Sells 440 Shares of iShares Select Dividend ETF (NASDAQ:DVY)

Dupree Financial Group LLC reduced its position in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 6.5% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 6,378 shares of the company’s stock after selling 440 shares during the quarter. Dupree Financial Group LLC’s holdings in iShares Select Dividend ETF were worth $837,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the business. International Assets Investment Management LLC lifted its holdings in iShares Select Dividend ETF by 17,525.9% during the 3rd quarter. International Assets Investment Management LLC now owns 4,372,993 shares of the company’s stock valued at $590,660,000 after buying an additional 4,348,183 shares in the last quarter. LPL Financial LLC lifted its position in shares of iShares Select Dividend ETF by 4.6% in the 3rd quarter. LPL Financial LLC now owns 1,465,825 shares of the company’s stock worth $197,989,000 after purchasing an additional 64,620 shares during the period. JPMorgan Chase & Co. increased its holdings 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 buying an additional 7,012 shares during the period. Raymond James & Associates raised its stake in iShares Select Dividend ETF by 2.9% in the third quarter. Raymond James & Associates now owns 584,439 shares of the company’s stock worth $78,940,000 after buying an additional 16,512 shares in the last quarter. Finally, Rockefeller Capital Management L.P. lifted its holdings in iShares Select Dividend ETF by 0.5% during the third quarter. Rockefeller Capital Management L.P. now owns 403,745 shares of the company’s stock worth $54,510,000 after buying an additional 2,072 shares during the period. Hedge funds and other institutional investors own 46.08% of the company’s stock.

iShares Select Dividend ETF Trading Down 0.4 %

Shares of NASDAQ:DVY opened at $134.25 on Tuesday. The company has a market capitalization of $19.98 billion, a PE ratio of 13.25 and a beta of 0.87. iShares Select Dividend ETF has a 12-month low of $112.42 and a 12-month high of $144.09. The business’s fifty day simple moving average is $135.03 and its 200-day simple moving average is $133.73.

iShares Select Dividend ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Friday, December 20th. Shareholders of record on Tuesday, December 17th were issued a $1.3164 dividend. The ex-dividend date was Tuesday, December 17th.

iShares Select Dividend ETF Company 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.