119,822 iShares Select Dividend ETF $DVY Shares Sold by Miller Howard Investments Inc. NY

Miller Howard Investments Inc. NY lowered its position in iShares Select Dividend ETF (NASDAQ:DVY) by 79.8% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 30,407 shares of the company’s stock after selling 119,822 shares during the quarter. Miller Howard Investments Inc. NY’s holdings in iShares Select Dividend ETF were worth $4,624,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in the company. Main Street Group LTD acquired a new stake in iShares Select Dividend ETF during the 1st quarter valued at approximately $33,000. Horizons Wealth Management acquired a new position in shares of iShares Select Dividend ETF in the 3rd quarter valued at approximately $55,000. Princeton Global Asset Management LLC raised its position in shares of iShares Select Dividend ETF by 452.9% in the 1st quarter. Princeton Global Asset Management LLC now owns 387 shares of the company’s stock valued at $59,000 after purchasing an additional 317 shares in the last quarter. GKV Capital Management Co. Inc. acquired a new position in shares of iShares Select Dividend ETF in the 1st quarter valued at approximately $61,000. Finally, Compass Wealth Management LLC acquired a new position in shares of iShares Select Dividend ETF in the 3rd quarter valued at approximately $63,000. Institutional investors and hedge funds own 46.08% of the company’s stock.

iShares Select Dividend ETF Trading Down 0.0%

iShares Select Dividend ETF stock opened at $161.22 on Tuesday. The stock has a market cap of $23.51 billion, a P/E ratio of 13.69 and a beta of 0.66. The stock has a 50 day moving average of $159.51 and a 200-day moving average of $155.68. iShares Select Dividend ETF has a 52 week low of $137.16 and a 52 week high of $167.06.

iShares Select Dividend ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 18th. Shareholders of record on Tuesday, September 15th were issued a dividend of $1.3291 per share. The ex-dividend date of this dividend was Tuesday, September 15th. This represents a $5.32 annualized dividend and a yield of 3.3%. This is an increase from iShares Select Dividend ETF’s previous quarterly dividend of $1.2472.

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