iShares Select Dividend ETF (NASDAQ:DVY) Shares Sold by Corient Private Wealth LLC

Corient Private Wealth LLC lowered its position in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 3.4% in the fourth quarter, according to the company in its most recent filing with the SEC. The firm owned 100,939 shares of the company’s stock after selling 3,523 shares during the quarter. Corient Private Wealth LLC owned about 0.07% of iShares Select Dividend ETF worth $13,252,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of the stock. Gitterman Wealth Management LLC purchased a new position in shares of iShares Select Dividend ETF during the 4th quarter valued at about $216,000. CBIZ Investment Advisory Services LLC raised its stake in shares of iShares Select Dividend ETF by 1.3% during the 4th quarter. CBIZ Investment Advisory Services LLC now owns 10,105 shares of the company’s stock valued at $1,327,000 after buying an additional 133 shares during the last quarter. Choate Investment Advisors raised its stake in shares of iShares Select Dividend ETF by 7.5% during the 4th quarter. Choate Investment Advisors now owns 6,255 shares of the company’s stock valued at $821,000 after buying an additional 435 shares during the last quarter. Commonwealth Equity Services LLC raised its stake in shares of iShares Select Dividend ETF by 0.8% during the 4th quarter. Commonwealth Equity Services LLC now owns 646,644 shares of the company’s stock valued at $84,898,000 after buying an additional 4,820 shares during the last quarter. Finally, Stelac Advisory Services LLC raised its stake in shares of iShares Select Dividend ETF by 0.9% during the 4th quarter. Stelac Advisory Services LLC now owns 48,727 shares of the company’s stock valued at $6,397,000 after buying an additional 431 shares during the last quarter. Hedge funds and other institutional investors own 46.08% of the company’s stock.

iShares Select Dividend ETF Stock Performance

NASDAQ DVY opened at $133.84 on Thursday. The stock has a 50-day simple moving average of $134.46 and a two-hundred day simple moving average of $135.08. The firm has a market capitalization of $19.77 billion, a P/E ratio of 15.96 and a beta of 0.88. iShares Select Dividend ETF has a fifty-two week low of $115.43 and a fifty-two week high of $144.09.

iShares Select Dividend ETF Cuts Dividend

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