Key Financial Inc Sells 139 Shares of iShares Select Dividend ETF (NASDAQ:DVY)

Key Financial Inc reduced its stake in iShares Select Dividend ETF (NASDAQ:DVY) by 15.4% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 764 shares of the company’s stock after selling 139 shares during the period. Key Financial Inc’s holdings in iShares Select Dividend ETF were worth $100,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently modified their holdings of DVY. Whittier Trust Co. of Nevada Inc. grew its stake in shares of iShares Select Dividend ETF by 58.2% in the 3rd quarter. Whittier Trust Co. of Nevada Inc. now owns 15,286 shares of the company’s stock valued at $2,065,000 after purchasing an additional 5,624 shares during the period. Townsend Asset Management Corp NC ADV grew its stake in shares of iShares Select Dividend ETF by 21.8% in the 3rd quarter. Townsend Asset Management Corp NC ADV now owns 29,379 shares of the company’s stock valued at $3,968,000 after purchasing an additional 5,258 shares during the period. Calton & Associates Inc. grew its stake in shares of iShares Select Dividend ETF by 33.9% in the 3rd quarter. Calton & Associates Inc. now owns 2,593 shares of the company’s stock valued at $350,000 after purchasing an additional 656 shares during the period. Fortis Group Advisors LLC grew its position in iShares Select Dividend ETF by 94.6% during the 3rd quarter. Fortis Group Advisors LLC now owns 10,725 shares of the company’s stock worth $1,449,000 after acquiring an additional 5,215 shares during the last quarter. Finally, Sequoia Financial Advisors LLC grew its position in iShares Select Dividend ETF by 2.2% during the 3rd quarter. Sequoia Financial Advisors LLC now owns 47,836 shares of the company’s stock worth $6,461,000 after acquiring an additional 1,041 shares during the last quarter. 46.08% of the stock is currently owned by institutional investors.

iShares Select Dividend ETF Price Performance

NASDAQ DVY opened at $137.09 on Wednesday. The firm has a market cap of $20.38 billion, a PE ratio of 13.25 and a beta of 0.87. iShares Select Dividend ETF has a one year low of $114.88 and a one year high of $144.09. The stock’s 50 day simple moving average is $133.52 and its 200 day simple moving average is $134.22.

iShares Select Dividend ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Friday, December 20th. Investors of record on Tuesday, December 17th were given a dividend of $1.3164 per share. 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.