TCI Wealth Advisors Inc. Reduces Stock Position in iShares Select Dividend ETF (NASDAQ:DVY)

TCI Wealth Advisors Inc. lowered its holdings in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 2.5% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 20,273 shares of the company’s stock after selling 524 shares during the quarter. iShares Select Dividend ETF accounts for 0.9% of TCI Wealth Advisors Inc.’s portfolio, making the stock its 24th biggest holding. TCI Wealth Advisors Inc.’s holdings in iShares Select Dividend ETF were worth $2,067,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Bank of America Corp DE boosted its holdings in iShares Select Dividend ETF by 0.6% during the 2nd quarter. Bank of America Corp DE now owns 8,819,612 shares of the company’s stock valued at $878,080,000 after acquiring an additional 56,291 shares during the period. Morgan Stanley lifted its holdings in shares of iShares Select Dividend ETF by 3.7% in the 2nd quarter. Morgan Stanley now owns 5,575,097 shares of the company’s stock worth $555,057,000 after buying an additional 199,964 shares during the period. Royal Bank of Canada lifted its holdings in shares of iShares Select Dividend ETF by 3.8% in the 2nd quarter. Royal Bank of Canada now owns 1,339,505 shares of the company’s stock worth $133,360,000 after buying an additional 48,440 shares during the period. LPL Financial LLC lifted its holdings in shares of iShares Select Dividend ETF by 2.6% in the 2nd quarter. LPL Financial LLC now owns 1,159,944 shares of the company’s stock worth $115,484,000 after buying an additional 28,941 shares during the period. Finally, BlackRock Inc. lifted its holdings in shares of iShares Select Dividend ETF by 9.1% in the 2nd quarter. BlackRock Inc. now owns 933,222 shares of the company’s stock worth $92,912,000 after buying an additional 77,652 shares during the period.

Shares of DVY stock traded up $0.01 during mid-day trading on Thursday, hitting $100.94. The stock had a trading volume of 5,561 shares, compared to its average volume of 596,544. iShares Select Dividend ETF has a 12-month low of $84.62 and a 12-month high of $103.78. The firm’s 50-day moving average is $100.50 and its two-hundred day moving average is $99.26.

The company also recently announced a — dividend, which was paid on Monday, September 30th. Shareholders of record on Wednesday, September 25th were issued a $0.9558 dividend. This represents a dividend yield of 3.3%. The ex-dividend date of this dividend was Tuesday, September 24th.

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.

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

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