KPP Advisory Services LLC Reduces Stock Position in iShares Select Dividend ETF (NASDAQ:DVY)

KPP Advisory Services LLC decreased its position in iShares Select Dividend ETF (NASDAQ:DVY) by 8.2% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,673 shares of the company’s stock after selling 150 shares during the quarter. KPP Advisory Services LLC’s holdings in iShares Select Dividend ETF were worth $226,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of DVY. International Assets Investment Management LLC raised its position in shares of iShares Select Dividend ETF by 17,525.9% in the 3rd quarter. International Assets Investment Management LLC now owns 4,372,993 shares of the company’s stock worth $590,660,000 after acquiring an additional 4,348,183 shares in the last quarter. Jane Street Group LLC raised its holdings in iShares Select Dividend ETF by 1,872.8% in the first quarter. Jane Street Group LLC now owns 617,469 shares of the company’s stock worth $76,060,000 after purchasing an additional 586,170 shares in the last quarter. Miller Howard Investments Inc. NY boosted its holdings in shares of iShares Select Dividend ETF by 400.3% during the 2nd quarter. Miller Howard Investments Inc. NY now owns 315,140 shares of the company’s stock valued at $38,126,000 after buying an additional 252,150 shares in the last quarter. National Bank of Canada FI grew its position in shares of iShares Select Dividend ETF by 72.7% in the 2nd quarter. National Bank of Canada FI now owns 213,193 shares of the company’s stock worth $25,556,000 after buying an additional 89,727 shares during the period. Finally, Fifth Third Wealth Advisors LLC increased its stake in shares of iShares Select Dividend ETF by 66.2% in the 2nd quarter. Fifth Third Wealth Advisors LLC now owns 121,485 shares of the company’s stock worth $14,697,000 after acquiring an additional 48,377 shares in the last quarter. 46.08% of the stock is owned by institutional investors.

iShares Select Dividend ETF Stock Performance

Shares of DVY opened at $138.33 on Friday. iShares Select Dividend ETF has a fifty-two week low of $109.15 and a fifty-two week high of $139.90. The firm’s 50-day simple moving average is $134.99 and its two-hundred day simple moving average is $128.61. The stock has a market cap of $20.61 billion, a PE ratio of 13.25 and a beta of 0.87.

iShares Select Dividend ETF Dividend Announcement

The company also recently disclosed a dividend, which was paid on Monday, September 30th. Shareholders of record on Wednesday, September 25th were paid a dividend of $1.5496 per share. 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.