St. Clair Advisors LLC Sells 165,269 Shares of iShares Select Dividend ETF $DVY

St. Clair Advisors LLC trimmed its holdings in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 84.4% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 30,487 shares of the company’s stock after selling 165,269 shares during the quarter. iShares Select Dividend ETF accounts for about 1.1% of St. Clair Advisors LLC’s holdings, making the stock its 14th largest position. St. Clair Advisors LLC’s holdings in iShares Select Dividend ETF were worth $4,332,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of the business. Laurel Wealth Advisors LLC increased its position in shares of iShares Select Dividend ETF by 13,158.9% during the 2nd quarter. Laurel Wealth Advisors LLC now owns 1,897,610 shares of the company’s stock valued at $252,022,000 after purchasing an additional 1,883,298 shares during the last quarter. Kingstone Capital Partners Texas LLC bought a new position in iShares Select Dividend ETF during the second quarter valued at about $178,925,000. Northern Trust Corp raised its position in iShares Select Dividend ETF by 6.7% in the first quarter. Northern Trust Corp now owns 3,093,549 shares of the company’s stock worth $415,433,000 after acquiring an additional 194,941 shares during the period. OMERS ADMINISTRATION Corp purchased a new stake in iShares Select Dividend ETF in the first quarter worth $24,669,000. Finally, Orion Porfolio Solutions LLC increased its holdings in iShares Select Dividend ETF by 526.0% in the 2nd quarter. Orion Porfolio Solutions LLC now owns 181,391 shares of the company’s stock worth $24,091,000 after acquiring an additional 152,417 shares during the last quarter. Hedge funds and other institutional investors own 46.08% of the company’s stock.

iShares Select Dividend ETF Stock Up 0.2%

Shares of NASDAQ:DVY opened at $144.43 on Tuesday. The company has a 50-day moving average price of $141.00 and a two-hundred day moving average price of $138.39. iShares Select Dividend ETF has a twelve month low of $115.94 and a twelve month high of $145.03. The firm has a market capitalization of $21.14 billion, a PE ratio of 13.69 and a beta of 0.77.

iShares Select Dividend ETF Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, December 19th. Shareholders of record on Tuesday, December 16th will be given a dividend of $1.6162 per share. This is an increase from iShares Select Dividend ETF’s previous quarterly dividend of $1.25. This represents a $6.46 annualized dividend and a dividend yield of 4.5%. The ex-dividend date is Tuesday, December 16th.

iShares Select Dividend ETF Company 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.