Thrivent Financial for Lutherans Has $666,000 Stock Holdings in iShares Select Dividend ETF $DVY

Thrivent Financial for Lutherans lowered its position in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 67.4% in the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 4,689 shares of the company’s stock after selling 9,681 shares during the quarter. Thrivent Financial for Lutherans’ holdings in iShares Select Dividend ETF were worth $666,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Code Waechter LLC increased its position in iShares Select Dividend ETF by 1.0% during the third quarter. Code Waechter LLC now owns 7,120 shares of the company’s stock worth $1,005,000 after acquiring an additional 71 shares during the period. Brighton Jones LLC grew its position in shares of iShares Select Dividend ETF by 0.7% during the 2nd quarter. Brighton Jones LLC now owns 11,418 shares of the company’s stock worth $1,516,000 after purchasing an additional 75 shares in the last quarter. North Forty Two & Co. increased its holdings in shares of iShares Select Dividend ETF by 1.6% during the second quarter. North Forty Two & Co. now owns 4,902 shares of the company’s stock worth $651,000 after purchasing an additional 75 shares during the period. Journey Strategic Wealth LLC raised its position in shares of iShares Select Dividend ETF by 2.4% in the second quarter. Journey Strategic Wealth LLC now owns 3,331 shares of the company’s stock valued at $442,000 after buying an additional 78 shares in the last quarter. Finally, Jackson Hole Capital Partners LLC boosted its stake in shares of iShares Select Dividend ETF by 1.7% in the third quarter. Jackson Hole Capital Partners LLC now owns 5,128 shares of the company’s stock valued at $729,000 after buying an additional 84 shares during the period. Institutional investors own 46.08% of the company’s stock.

iShares Select Dividend ETF Price Performance

Shares of NASDAQ:DVY opened at $157.93 on Tuesday. The company has a market capitalization of $23.03 billion, a P/E ratio of 13.69 and a beta of 0.77. iShares Select Dividend ETF has a 1 year low of $115.94 and a 1 year high of $158.82. The business’s 50 day simple moving average is $147.13 and its 200 day simple moving average is $142.74.

iShares Select Dividend ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, December 19th. Stockholders of record on Tuesday, December 16th were given a dividend of $1.6162 per share. This represents a $6.46 dividend on an annualized basis and a dividend yield of 4.1%. The ex-dividend date was Tuesday, December 16th. This is a positive change from iShares Select Dividend ETF’s previous quarterly dividend of $1.25.

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. The Index consists of 100 of the highest dividend-yielding securities (excluding real estate investment trusts (REITs) in the Dow Jones U.S.