Mine & Arao Wealth Creation & Management LLC. Sells 2,287 Shares of iShares Select Dividend ETF (NASDAQ:DVY)

Mine & Arao Wealth Creation & Management LLC. lowered its position in iShares Select Dividend ETF (NASDAQ:DVY) by 7.5% during the 4th quarter, HoldingsChannel reports. The firm owned 28,263 shares of the company’s stock after selling 2,287 shares during the period. iShares Select Dividend ETF comprises about 1.7% of Mine & Arao Wealth Creation & Management LLC.’s investment portfolio, making the stock its 11th biggest position. Mine & Arao Wealth Creation & Management LLC.’s holdings in iShares Select Dividend ETF were worth $3,711,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in DVY. International Assets Investment Management LLC raised its position in shares of 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 stake in iShares Select Dividend ETF by 4.6% during the third 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 last quarter. JPMorgan Chase & Co. boosted its holdings in shares of iShares Select Dividend ETF by 0.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,380,841 shares of the company’s stock worth $186,510,000 after purchasing an additional 7,012 shares in the last quarter. Raymond James & Associates raised its holdings in shares of iShares Select Dividend ETF by 2.9% during the 3rd quarter. Raymond James & Associates now owns 584,439 shares of the company’s stock valued at $78,940,000 after buying an additional 16,512 shares in the last quarter. Finally, Rockefeller Capital Management L.P. lifted its holdings in shares of iShares Select Dividend ETF by 0.5% in the 3rd quarter. Rockefeller Capital Management L.P. now owns 403,745 shares of the company’s stock worth $54,510,000 after acquiring an additional 2,072 shares during the last quarter. Hedge funds and other institutional investors own 46.08% of the company’s stock.

iShares Select Dividend ETF Trading Up 0.8 %

DVY opened at $135.70 on Friday. The business’s 50-day moving average price is $135.28 and its 200-day moving average price is $133.56. iShares Select Dividend ETF has a 12 month low of $112.42 and a 12 month high of $144.09. The company has a market cap of $20.31 billion, a P/E ratio of 13.25 and a beta of 0.87.

iShares Select Dividend ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Friday, December 20th. Stockholders of record on Tuesday, December 17th were paid a dividend of $1.3164 per share. The ex-dividend date of this dividend 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.