Janney Montgomery Scott LLC Has $28.87 Million Position in iShares Select Dividend ETF (NASDAQ:DVY)

Janney Montgomery Scott LLC lowered its position in iShares Select Dividend ETF (NASDAQ:DVY) by 1.1% during the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 213,703 shares of the company’s stock after selling 2,472 shares during the period. Janney Montgomery Scott LLC owned 0.14% of iShares Select Dividend ETF worth $28,865,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. BNP Paribas Financial Markets raised its stake in shares of iShares Select Dividend ETF by 607.0% in the 1st quarter. BNP Paribas Financial Markets now owns 50,208 shares of the company’s stock valued at $6,185,000 after acquiring an additional 43,106 shares in the last quarter. Financial Counselors Inc. raised its position in shares of iShares Select Dividend ETF by 10.5% in the first quarter. Financial Counselors Inc. now owns 19,348 shares of the company’s stock valued at $2,383,000 after purchasing an additional 1,843 shares during the period. TFB Advisors LLC lifted its stake in shares of iShares Select Dividend ETF by 52.0% in the first quarter. TFB Advisors LLC now owns 3,427 shares of the company’s stock worth $411,000 after buying an additional 1,173 shares during the last quarter. Carson Advisory Inc. bought a new stake in shares of iShares Select Dividend ETF during the 1st quarter worth $207,000. Finally, Csenge Advisory Group grew its stake in iShares Select Dividend ETF by 1.4% in the 1st quarter. Csenge Advisory Group now owns 20,241 shares of the company’s stock valued at $2,493,000 after buying an additional 283 shares during the last quarter. Institutional investors and hedge funds own 46.08% of the company’s stock.

iShares Select Dividend ETF Price Performance

Shares of DVY opened at $133.38 on Tuesday. iShares Select Dividend ETF has a one year low of $105.58 and a one year high of $137.26. The company’s fifty day moving average price is $134.11 and its 200 day moving average price is $127.53. The company has a market capitalization of $19.87 billion, a PE ratio of 13.25 and a beta of 0.87.

iShares Select Dividend ETF Dividend Announcement

The firm also recently announced a dividend, which was paid on Monday, September 30th. Investors of record on Wednesday, September 25th were paid a dividend of $1.5496 per share. The ex-dividend date was Wednesday, September 25th.

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.