Key Financial Inc Sells 100 Shares of iShares Select Dividend ETF (NASDAQ:DVY)

Key Financial Inc lowered its stake in iShares Select Dividend ETF (NASDAQ:DVY) by 10.0% in the 3rd quarter, Holdings Channel reports. The firm owned 903 shares of the company’s stock after selling 100 shares during the quarter. Key Financial Inc’s holdings in iShares Select Dividend ETF were worth $122,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in the stock. NewEdge Advisors LLC boosted its position in shares of iShares Select Dividend ETF by 5.6% in the second quarter. NewEdge Advisors LLC now owns 75,747 shares of the company’s stock valued at $9,164,000 after acquiring an additional 4,031 shares during the period. Mather Group LLC. lifted its stake in iShares Select Dividend ETF by 20.2% in the 2nd quarter. Mather Group LLC. now owns 3,278 shares of the company’s stock worth $404,000 after purchasing an additional 550 shares in the last quarter. Sequoia Financial Advisors LLC lifted its stake in iShares Select Dividend ETF by 2.2% in the 3rd quarter. Sequoia Financial Advisors LLC now owns 47,836 shares of the company’s stock worth $6,461,000 after purchasing an additional 1,041 shares in the last quarter. Fifth Third Securities Inc. boosted its holdings in iShares Select Dividend ETF by 1.1% in the 2nd quarter. Fifth Third Securities Inc. now owns 26,939 shares of the company’s stock valued at $3,259,000 after purchasing an additional 294 shares during the period. Finally, Global Retirement Partners LLC grew its position in shares of iShares Select Dividend ETF by 12.0% during the 3rd quarter. Global Retirement Partners LLC now owns 4,232 shares of the company’s stock valued at $572,000 after purchasing an additional 455 shares in the last quarter. Hedge funds and other institutional investors own 46.08% of the company’s stock.

iShares Select Dividend ETF Stock Down 0.9 %

Shares of DVY stock traded down $1.23 on Friday, reaching $133.52. The company’s stock had a trading volume of 300,077 shares, compared to its average volume of 457,085. The company has a market capitalization of $19.89 billion, a P/E ratio of 13.25 and a beta of 0.87. iShares Select Dividend ETF has a 12-month low of $105.58 and a 12-month high of $137.26. The stock’s 50 day simple moving average is $134.09 and its 200-day simple moving average is $127.26.

iShares Select Dividend ETF Announces Dividend

The firm also recently declared a dividend, which was paid on Monday, September 30th. Shareholders of record on Wednesday, September 25th were issued a $1.5496 dividend. The ex-dividend date of this dividend was Wednesday, September 25th.

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.