Palisade Asset Management LLC Has $319,000 Holdings in iShares Select Dividend ETF (NASDAQ:DVY)

Palisade Asset Management LLC reduced its holdings in iShares Select Dividend ETF (NASDAQ:DVY) by 43.3% during the 4th quarter, Holdings Channel reports. The fund owned 2,721 shares of the company’s stock after selling 2,080 shares during the quarter. Palisade Asset Management LLC’s holdings in iShares Select Dividend ETF were worth $319,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. International Assets Investment Management LLC grew its stake in shares of iShares Select Dividend ETF by 12,638.3% during the fourth quarter. International Assets Investment Management LLC now owns 2,407,409 shares of the company’s stock valued at $282,196,000 after purchasing an additional 2,388,510 shares during the last quarter. Comerica Bank acquired a new stake in shares of iShares Select Dividend ETF during the 3rd quarter worth approximately $61,160,000. Miller Howard Investments Inc. NY boosted its stake in iShares Select Dividend ETF by 110.0% in the fourth quarter. Miller Howard Investments Inc. NY now owns 403,081 shares of the company’s stock valued at $47,249,000 after acquiring an additional 211,112 shares during the last quarter. Charles Schwab Investment Management Inc. raised its position in shares of iShares Select Dividend ETF by 244.8% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 171,206 shares of the company’s stock valued at $18,429,000 after acquiring an additional 121,551 shares during the last quarter. Finally, Northern Trust Corp grew its stake in shares of iShares Select Dividend ETF by 3.0% during the third quarter. Northern Trust Corp now owns 3,446,617 shares of the company’s stock worth $370,994,000 after purchasing an additional 101,996 shares during the period. 46.08% of the stock is currently owned by institutional investors.

iShares Select Dividend ETF Stock Performance

NASDAQ:DVY traded up $0.50 during mid-day trading on Tuesday, hitting $122.44. The company had a trading volume of 280,109 shares, compared to its average volume of 557,266. The firm has a market cap of $18.57 billion, a P/E ratio of 13.25 and a beta of 0.68. iShares Select Dividend ETF has a fifty-two week low of $102.66 and a fifty-two week high of $123.43. The business’s fifty day moving average is $119.82 and its two-hundred day moving average is $115.63.

iShares Select Dividend ETF Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, March 27th. Investors of record on Friday, March 22nd were paid a dividend of $0.9976 per share. This represents a $3.99 annualized dividend and a yield of 3.26%. The ex-dividend date was Thursday, March 21st.

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.