Catalyst Financial Partners LLC Decreases Holdings in iShares Select Dividend ETF (NASDAQ:DVY)

Catalyst Financial Partners LLC decreased its holdings in iShares Select Dividend ETF (NASDAQ:DVY) by 43.0% in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 7,645 shares of the company’s stock after selling 5,760 shares during the period. Catalyst Financial Partners LLC’s holdings in iShares Select Dividend ETF were worth $896,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in DVY. Halbert Hargrove Global Advisors LLC raised its position in iShares Select Dividend ETF by 2.1% during the 4th quarter. Halbert Hargrove Global Advisors LLC now owns 4,376 shares of the company’s stock valued at $513,000 after purchasing an additional 88 shares during the last quarter. JNBA Financial Advisors boosted its holdings in iShares Select Dividend ETF by 26.6% in the third quarter. JNBA Financial Advisors now owns 448 shares of the company’s stock valued at $48,000 after acquiring an additional 94 shares in the last quarter. Sunbelt Securities Inc. increased its position in iShares Select Dividend ETF by 0.6% during the 3rd quarter. Sunbelt Securities Inc. now owns 16,069 shares of the company’s stock valued at $1,730,000 after purchasing an additional 96 shares during the period. Access Financial Services Inc. raised its holdings in iShares Select Dividend ETF by 0.5% in the 4th quarter. Access Financial Services Inc. now owns 19,382 shares of the company’s stock worth $2,272,000 after purchasing an additional 96 shares in the last quarter. Finally, Patriot Financial Group Insurance Agency LLC lifted its position in shares of iShares Select Dividend ETF by 3.9% in the 4th quarter. Patriot Financial Group Insurance Agency LLC now owns 2,540 shares of the company’s stock worth $298,000 after purchasing an additional 96 shares during the period. 46.08% of the stock is currently owned by hedge funds and other institutional investors.

iShares Select Dividend ETF Price Performance

DVY stock traded up $1.14 during trading on Thursday, reaching $124.04. The company had a trading volume of 521,820 shares, compared to its average volume of 553,310. iShares Select Dividend ETF has a 52 week low of $102.66 and a 52 week high of $124.06. The business has a 50 day moving average of $119.82 and a 200 day moving average of $115.63. The company has a market cap of $18.85 billion, a P/E ratio of 13.25 and a beta of 0.87.

iShares Select Dividend ETF Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, March 27th. Stockholders of record on Friday, March 22nd were given a $0.9976 dividend. This represents a $3.99 annualized dividend and a dividend yield of 3.22%. The ex-dividend date of this dividend was Thursday, March 21st.

About iShares Select Dividend ETF

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.