Marquette Asset Management LLC Sells 402 Shares of iShares Select Dividend ETF (NASDAQ:DVY)

Marquette Asset Management LLC trimmed its stake in iShares Select Dividend ETF (NASDAQ:DVY) by 13.8% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 2,508 shares of the company’s stock after selling 402 shares during the period. Marquette Asset Management LLC’s holdings in iShares Select Dividend ETF were worth $294,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the stock. Raab & Moskowitz Asset Management LLC lifted its stake in shares of iShares Select Dividend ETF by 16.4% in the 4th quarter. Raab & Moskowitz Asset Management LLC now owns 25,638 shares of the company’s stock valued at $3,005,000 after purchasing an additional 3,621 shares during the last quarter. Truist Financial Corp lifted its stake in shares of iShares Select Dividend ETF by 5.9% in the 4th quarter. Truist Financial Corp now owns 1,505,448 shares of the company’s stock valued at $176,469,000 after purchasing an additional 84,251 shares during the last quarter. Florin Court Capital LLP bought a new stake in shares of iShares Select Dividend ETF during the 4th quarter worth approximately $2,930,000. BIP Wealth LLC lifted its stake in shares of iShares Select Dividend ETF by 4.0% during the 4th quarter. BIP Wealth LLC now owns 4,942 shares of the company’s stock worth $579,000 after acquiring an additional 190 shares during the last quarter. Finally, Atria Wealth Solutions Inc. lifted its stake in shares of iShares Select Dividend ETF by 0.4% during the 4th quarter. Atria Wealth Solutions Inc. now owns 59,237 shares of the company’s stock worth $6,944,000 after acquiring an additional 235 shares during the last quarter. 46.08% of the stock is owned by institutional investors.

iShares Select Dividend ETF Trading Down 0.3 %

Shares of DVY stock traded down $0.42 on Friday, reaching $119.78. 322,915 shares of the company’s stock were exchanged, compared to its average volume of 573,232. iShares Select Dividend ETF has a 52 week low of $102.66 and a 52 week high of $123.43. The stock has a market capitalization of $18.20 billion, a PE ratio of 12.98 and a beta of 0.87. The company’s fifty day simple moving average is $119.11 and its 200 day simple moving average is $114.89.

iShares Select Dividend ETF Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, March 27th. Investors of record on Friday, March 22nd were paid a dividend of $0.9976 per share. This represents a $3.99 dividend on an annualized basis and a dividend yield of 3.33%. The ex-dividend date was Thursday, March 21st.

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.