Envestnet Asset Management Inc. decreased its position in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 15.0% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 1,014,498 shares of the company’s stock after selling 179,268 shares during the quarter. Envestnet Asset Management Inc. owned approximately 0.58% of iShares Select Dividend ETF worth $99,989,000 as of its most recent SEC filing.
A number of other large investors have also recently bought and sold shares of DVY. Wells Fargo & Company MN lifted its holdings in iShares Select Dividend ETF by 7.8% during the 4th quarter. Wells Fargo & Company MN now owns 5,717,278 shares of the company’s stock worth $563,495,000 after buying an additional 412,905 shares in the last quarter. BlackRock Inc. lifted its holdings in iShares Select Dividend ETF by 21.6% during the 4th quarter. BlackRock Inc. now owns 1,502,236 shares of the company’s stock worth $148,061,000 after buying an additional 266,358 shares in the last quarter. Epstein & White Financial LLC acquired a new position in shares of iShares Select Dividend ETF in the 4th quarter valued at $22,232,000. Stephens Inc. AR lifted its stake in shares of iShares Select Dividend ETF by 232.5% in the 4th quarter. Stephens Inc. AR now owns 226,776 shares of the company’s stock valued at $22,351,000 after purchasing an additional 158,570 shares during the period. Finally, Miller Howard Investments Inc. NY acquired a new position in shares of iShares Select Dividend ETF in the 4th quarter valued at $13,969,000.
iShares Select Dividend ETF (NASDAQ DVY) opened at $94.03 on Friday. The firm has a market capitalization of $17,040.00, a price-to-earnings ratio of 15.99 and a beta of 0.74. iShares Select Dividend ETF has a 12 month low of $89.53 and a 12 month high of $102.32.
TRADEMARK VIOLATION WARNING: “Envestnet Asset Management Inc. Trims Holdings in iShares Select Dividend ETF (DVY)” was originally published by Community Financial News and is the sole property of of Community Financial News. If you are accessing this piece on another publication, it was illegally stolen and reposted in violation of international copyright legislation. The original version of this piece can be accessed at https://www.com-unik.info/2018/03/23/envestnet-asset-management-inc-trims-holdings-in-ishares-select-dividend-etf-dvy.html.
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.
Want to see what other hedge funds are holding DVY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Select Dividend ETF (NASDAQ:DVY).
Receive News & Ratings for iShares Select Dividend ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Select Dividend ETF and related companies with MarketBeat.com's FREE daily email newsletter.