Catalyst Financial Partners LLC Sells 5,760 Shares of iShares Select Dividend ETF (NASDAQ:DVY)

Catalyst Financial Partners LLC lessened its stake in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 43.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 7,645 shares of the company’s stock after selling 5,760 shares during the quarter. Catalyst Financial Partners LLC’s holdings in iShares Select Dividend ETF were worth $896,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Northern Trust Corp boosted its holdings in iShares Select Dividend ETF by 3.0% in the third quarter. Northern Trust Corp now owns 3,446,617 shares of the company’s stock worth $370,994,000 after acquiring an additional 101,996 shares in the last quarter. Royal Bank of Canada grew its position in iShares Select Dividend ETF by 2.6% during the 3rd quarter. Royal Bank of Canada now owns 2,579,311 shares of the company’s stock worth $277,635,000 after purchasing an additional 64,326 shares during the last quarter. International Assets Investment Management LLC grew its position in iShares Select Dividend ETF by 12,638.3% during the 4th quarter. International Assets Investment Management LLC now owns 2,407,409 shares of the company’s stock worth $282,196,000 after purchasing an additional 2,388,510 shares during the last quarter. Truist Financial Corp increased its stake in iShares Select Dividend ETF by 5.9% during the 4th quarter. Truist Financial Corp now owns 1,505,448 shares of the company’s stock valued at $176,469,000 after purchasing an additional 84,251 shares in the last quarter. Finally, Comerica Bank purchased a new position in shares of iShares Select Dividend ETF in the third quarter worth $61,160,000. 46.08% of the stock is owned by institutional investors.

iShares Select Dividend ETF Stock Performance

Shares of NASDAQ DVY traded up $1.14 during mid-day trading on Thursday, hitting $124.04. The stock had a trading volume of 521,820 shares, compared to its average volume of 553,310. The firm has a market cap of $18.85 billion, a PE ratio of 13.25 and a beta of 0.87. The company has a 50 day moving average of $119.82 and a two-hundred day moving average of $115.63. iShares Select Dividend ETF has a twelve month low of $102.66 and a twelve month high of $124.06.

iShares Select Dividend ETF Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, March 27th. Shareholders of record on Friday, March 22nd were given a dividend of $0.9976 per share. This represents a $3.99 dividend on an annualized basis and a yield of 3.22%. The ex-dividend date was Thursday, March 21st.

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.