Koshinski Asset Management Inc. Has $881,000 Stock Holdings in iShares Select Dividend ETF (NASDAQ:DVY)

Koshinski Asset Management Inc. reduced its stake in iShares Select Dividend ETF (NASDAQ:DVY) by 4.8% during the fourth quarter, Holdings Channel.com reports. The fund owned 6,712 shares of the company’s stock after selling 340 shares during the period. Koshinski Asset Management Inc.’s holdings in iShares Select Dividend ETF were worth $881,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in the stock. Banque Cantonale Vaudoise increased its position in shares of iShares Select Dividend ETF by 10.1% during the 3rd quarter. Banque Cantonale Vaudoise now owns 798 shares of the company’s stock valued at $108,000 after purchasing an additional 73 shares during the last quarter. JDM Financial Group LLC boosted its stake in iShares Select Dividend ETF by 33.3% in the third quarter. JDM Financial Group LLC now owns 300 shares of the company’s stock valued at $41,000 after acquiring an additional 75 shares during the last quarter. Unionview LLC grew its position in shares of iShares Select Dividend ETF by 0.7% during the 3rd quarter. Unionview LLC now owns 11,151 shares of the company’s stock valued at $1,506,000 after acquiring an additional 76 shares during the period. CMG Global Holdings LLC grew its position in shares of iShares Select Dividend ETF by 0.5% during the 3rd quarter. CMG Global Holdings LLC now owns 17,284 shares of the company’s stock valued at $2,335,000 after acquiring an additional 80 shares during the period. Finally, Pathway Financial Advisers LLC increased its stake in shares of iShares Select Dividend ETF by 1.4% during the 2nd quarter. Pathway Financial Advisers LLC now owns 6,137 shares of the company’s stock worth $740,000 after purchasing an additional 84 shares during the last quarter. 46.08% of the stock is currently owned by institutional investors.

iShares Select Dividend ETF Trading Up 1.0 %

NASDAQ:DVY opened at $136.14 on Wednesday. The firm’s 50 day moving average is $135.76 and its 200 day moving average is $133.00. iShares Select Dividend ETF has a 12 month low of $112.42 and a 12 month high of $144.09. The stock has a market capitalization of $20.67 billion, a PE ratio of 13.25 and a beta of 0.87.

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 paid a $1.3164 dividend. The ex-dividend date was Tuesday, December 17th.

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.