iShares Select Dividend ETF (NASDAQ:DVY) Shares Sold by Brown Brothers Harriman & Co.

Brown Brothers Harriman & Co. cut its stake in iShares Select Dividend ETF (NASDAQ:DVY) by 9.7% during the 3rd quarter, Holdings Channel.com reports. The fund owned 4,822 shares of the company’s stock after selling 517 shares during the period. Brown Brothers Harriman & Co.’s holdings in iShares Select Dividend ETF were worth $651,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of DVY. Banque Cantonale Vaudoise raised its stake in iShares Select Dividend ETF by 10.1% during the third quarter. Banque Cantonale Vaudoise now owns 798 shares of the company’s stock worth $108,000 after purchasing an additional 73 shares during the period. Unionview LLC increased its holdings 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 worth $1,506,000 after buying an additional 76 shares during the last quarter. CMG Global Holdings LLC raised its position in shares of iShares Select Dividend ETF by 0.5% in the 3rd quarter. CMG Global Holdings LLC now owns 17,284 shares of the company’s stock worth $2,335,000 after buying an additional 80 shares during the period. Pathway Financial Advisers LLC boosted its holdings in iShares Select Dividend ETF by 1.4% in the second quarter. Pathway Financial Advisers LLC now owns 6,137 shares of the company’s stock valued at $740,000 after acquiring an additional 84 shares during the last quarter. Finally, LS Investment Advisors LLC boosted its holdings in iShares Select Dividend ETF by 1.6% in the second quarter. LS Investment Advisors LLC now owns 5,392 shares of the company’s stock valued at $652,000 after acquiring an additional 85 shares during the last quarter. 46.08% of the stock is currently owned by hedge funds and other institutional investors.

iShares Select Dividend ETF Price Performance

Shares of NASDAQ:DVY opened at $143.30 on Wednesday. The business has a 50-day moving average of $136.08 and a two-hundred day moving average of $129.57. The firm has a market capitalization of $21.35 billion, a PE ratio of 13.25 and a beta of 0.87. iShares Select Dividend ETF has a 12 month low of $109.90 and a 12 month high of $143.98.

iShares Select Dividend ETF Dividend Announcement

The firm also recently announced a dividend, which was paid on Monday, September 30th. Investors of record on Wednesday, September 25th were given a dividend of $1.5496 per share. The ex-dividend date of this dividend was Wednesday, September 25th.

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.