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

Miller Howard Investments Inc. NY decreased its position in iShares Select Dividend ETF (NASDAQ:DVY) by 79.8% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. 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 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Stonebridge Advisors LLC bought a new position in iShares Select Dividend ETF during the second quarter worth $553,074,000. Envestnet Asset Management Inc. boosted its holdings in iShares Select Dividend ETF by 6.0% in the second quarter. Envestnet Asset Management Inc. now owns 1,576,255 shares of the company’s stock worth $246,334,000 after purchasing an additional 88,825 shares during the period. Fifth Third Bancorp boosted its holdings in iShares Select Dividend ETF by 2.1% in the second quarter. Fifth Third Bancorp now owns 658,941 shares of the company’s stock worth $102,992,000 after purchasing an additional 13,257 shares during the period. Arch Capital Group LTD. bought a new stake in iShares Select Dividend ETF during the second quarter valued at $91,939,000. Finally, Cetera Investment Advisers increased its stake in iShares Select Dividend ETF by 5.9% during the first quarter. Cetera Investment Advisers now owns 539,922 shares of the company’s stock valued at $81,750,000 after purchasing an additional 29,898 shares during the last quarter. 46.08% of the stock is currently owned by institutional investors.

iShares Select Dividend ETF Stock Down 0.0%

Shares of NASDAQ:DVY opened at $161.22 on Tuesday. The firm has a 50-day simple moving average of $159.51 and a 200 day simple moving average of $155.68. iShares Select Dividend ETF has a fifty-two week low of $137.16 and a fifty-two week high of $167.06. The company has a market cap of $23.51 billion, a PE ratio of 13.69 and a beta of 0.66.

iShares Select Dividend ETF Increases Dividend

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

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.