Mariner LLC Sells 19,321 Shares of iShares Select Dividend ETF (NASDAQ:DVY)

Mariner LLC cut its position in iShares Select Dividend ETF (NASDAQ:DVY) by 4.9% in the fourth quarter, HoldingsChannel.com reports. The firm owned 378,997 shares of the company’s stock after selling 19,321 shares during the quarter. Mariner LLC’s holdings in iShares Select Dividend ETF were worth $49,752,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. JPMorgan Chase & Co. raised its holdings in iShares Select Dividend ETF by 0.5% during the third quarter. JPMorgan Chase & Co. now owns 1,380,841 shares of the company’s stock valued at $186,510,000 after acquiring an additional 7,012 shares during the period. Charles Schwab Investment Management Inc. grew its position in shares of iShares Select Dividend ETF by 588.4% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 288,441 shares of the company’s stock worth $37,869,000 after purchasing an additional 246,540 shares in the last quarter. ORG Partners LLC raised its stake in iShares Select Dividend ETF by 331.9% during the 4th quarter. ORG Partners LLC now owns 488 shares of the company’s stock valued at $64,000 after purchasing an additional 375 shares during the period. LPL Financial LLC lifted its holdings in iShares Select Dividend ETF by 8.9% in the 4th quarter. LPL Financial LLC now owns 1,596,398 shares of the company’s stock worth $209,591,000 after purchasing an additional 130,573 shares in the last quarter. Finally, Regatta Capital Group LLC boosted its stake in iShares Select Dividend ETF by 6.7% in the 4th quarter. Regatta Capital Group LLC now owns 3,965 shares of the company’s stock worth $521,000 after purchasing an additional 250 shares during the period. 46.08% of the stock is currently owned by institutional investors.

iShares Select Dividend ETF Price Performance

Shares of DVY opened at $126.16 on Tuesday. iShares Select Dividend ETF has a 1 year low of $115.43 and a 1 year high of $144.09. The company has a 50 day simple moving average of $132.34 and a two-hundred day simple moving average of $134.34. The firm has a market cap of $18.73 billion, a P/E ratio of 14.65 and a beta of 0.87.

iShares Select Dividend ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Friday, March 21st. Shareholders of record on Tuesday, March 18th were paid a $1.0495 dividend. The ex-dividend date was Tuesday, March 18th.

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.