iShares Select Dividend ETF (NASDAQ:DVY) Shares Sold by Covington Capital Management

Covington Capital Management decreased its holdings in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 8.2% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 4,463 shares of the company’s stock after selling 400 shares during the period. Covington Capital Management’s holdings in iShares Select Dividend ETF were worth $399,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in DVY. Bank of America Corp DE increased its stake in iShares Select Dividend ETF by 46.2% during the fourth quarter. Bank of America Corp DE now owns 12,377,368 shares of the company’s stock valued at $1,105,423,000 after purchasing an additional 3,913,959 shares during the last quarter. Miller Howard Investments Inc. NY grew its position in shares of iShares Select Dividend ETF by 400.5% during the fourth quarter. Miller Howard Investments Inc. NY now owns 1,537,785 shares of the company’s stock worth $137,340,000 after acquiring an additional 1,230,549 shares during the last quarter. Bank of New York Mellon Corp grew its position in shares of iShares Select Dividend ETF by 93.4% during the fourth quarter. Bank of New York Mellon Corp now owns 1,224,639 shares of the company’s stock worth $109,372,000 after acquiring an additional 591,428 shares during the last quarter. Morgan Stanley grew its position in shares of iShares Select Dividend ETF by 5.8% during the third quarter. Morgan Stanley now owns 4,911,125 shares of the company’s stock worth $489,934,000 after acquiring an additional 271,391 shares during the last quarter. Finally, GW&K Investment Management LLC grew its position in shares of iShares Select Dividend ETF by 6,183.3% during the fourth quarter. GW&K Investment Management LLC now owns 256,672 shares of the company’s stock worth $22,923,000 after acquiring an additional 252,587 shares during the last quarter.

Shares of iShares Select Dividend ETF stock traded down $0.40 during trading on Monday, hitting $100.17. 644,079 shares of the stock were exchanged, compared to its average volume of 883,608. iShares Select Dividend ETF has a 12 month low of $84.62 and a 12 month high of $102.54.

The company also recently declared a quarterly dividend, which was paid on Tuesday, March 26th. Stockholders of record on Thursday, March 21st were given a dividend of $0.8712 per share. The ex-dividend date was Wednesday, March 20th. This represents a $3.48 annualized dividend and a dividend yield of 3.48%. This is a positive change from iShares Select Dividend ETF’s previous quarterly dividend of $0.75.

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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.

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Institutional Ownership by Quarter for iShares Select Dividend ETF (NASDAQ:DVY)

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