Key Financial Inc Has $122,000 Position in iShares Select Dividend ETF (NASDAQ:DVY)

Key Financial Inc lessened its holdings in iShares Select Dividend ETF (NASDAQ:DVY) by 10.0% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 903 shares of the company’s stock after selling 100 shares during the period. Key Financial Inc’s holdings in iShares Select Dividend ETF were worth $122,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in DVY. NewEdge Advisors LLC increased its holdings in shares of iShares Select Dividend ETF by 5.6% during the second quarter. NewEdge Advisors LLC now owns 75,747 shares of the company’s stock worth $9,164,000 after buying an additional 4,031 shares in the last quarter. Mather Group LLC. increased its holdings in iShares Select Dividend ETF by 20.2% during the 2nd quarter. Mather Group LLC. now owns 3,278 shares of the company’s stock valued at $404,000 after purchasing an additional 550 shares in the last quarter. Sequoia Financial Advisors LLC raised its position in iShares Select Dividend ETF by 2.2% in the 3rd quarter. Sequoia Financial Advisors LLC now owns 47,836 shares of the company’s stock valued at $6,461,000 after purchasing an additional 1,041 shares during the last quarter. Fifth Third Securities Inc. boosted its stake in iShares Select Dividend ETF by 1.1% in the second quarter. Fifth Third Securities Inc. now owns 26,939 shares of the company’s stock worth $3,259,000 after purchasing an additional 294 shares in the last quarter. Finally, Global Retirement Partners LLC grew its holdings in shares of iShares Select Dividend ETF by 12.0% during the third quarter. Global Retirement Partners LLC now owns 4,232 shares of the company’s stock worth $572,000 after purchasing an additional 455 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 NASDAQ:DVY traded down $1.23 during midday trading on Friday, reaching $133.52. The company’s stock had a trading volume of 300,077 shares, compared to its average volume of 457,085. The business’s fifty day simple moving average is $134.09 and its 200-day simple moving average is $127.26. iShares Select Dividend ETF has a fifty-two week low of $105.58 and a fifty-two week high of $137.26. The company has a market capitalization of $19.89 billion, a P/E ratio of 13.25 and a beta of 0.87.

iShares Select Dividend ETF Dividend Announcement

The company also recently disclosed a dividend, which was paid on Monday, September 30th. Shareholders of record on Wednesday, September 25th were issued a dividend of $1.5496 per share. The ex-dividend date was Wednesday, September 25th.

About iShares Select Dividend ETF

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.