FC Advisory LLC Sells 671 Shares of iShares Select Dividend ETF (NASDAQ:DVY)

FC Advisory LLC lowered its holdings in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 19.0% during the 1st quarter, according to the company in its most recent filing with the SEC. The fund owned 2,869 shares of the company’s stock after selling 671 shares during the period. FC Advisory LLC’s holdings in iShares Select Dividend ETF were worth $385,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Wealthfront Advisers LLC boosted its position in iShares Select Dividend ETF by 194,486.4% during the 4th quarter. Wealthfront Advisers LLC now owns 24,488,697 shares of the company’s stock valued at $3,215,121,000 after buying an additional 24,476,112 shares during the period. Wells Fargo & Company MN boosted its position in iShares Select Dividend ETF by 5.0% during the 4th quarter. Wells Fargo & Company MN now owns 3,875,784 shares of the company’s stock valued at $508,852,000 after buying an additional 183,589 shares during the period. Royal Bank of Canada boosted its position in iShares Select Dividend ETF by 4.5% during the 4th quarter. Royal Bank of Canada now owns 2,346,687 shares of the company’s stock valued at $308,096,000 after buying an additional 100,103 shares during the period. Bank of New York Mellon Corp boosted its position in iShares Select Dividend ETF by 0.7% during the 4th quarter. Bank of New York Mellon Corp now owns 1,881,782 shares of the company’s stock valued at $247,059,000 after buying an additional 13,228 shares during the period. Finally, JPMorgan Chase & Co. lifted its position in shares of iShares Select Dividend ETF by 22.8% in the 4th quarter. JPMorgan Chase & Co. now owns 1,695,199 shares of the company’s stock worth $222,563,000 after purchasing an additional 314,358 shares during the period. Institutional investors own 46.08% of the company’s stock.

iShares Select Dividend ETF Trading Up 0.5%

NASDAQ:DVY opened at $131.09 on Friday. The company has a 50-day moving average price of $128.75 and a 200-day moving average price of $133.05. iShares Select Dividend ETF has a 12 month low of $115.94 and a 12 month high of $144.09. The stock has a market cap of $19.39 billion, a price-to-earnings ratio of 15.12 and a beta of 0.87.

iShares Select Dividend ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Friday, March 21st. Stockholders of record on Tuesday, March 18th were given a $1.0495 dividend. The ex-dividend date of this dividend was Tuesday, March 18th.

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.