NEXT Financial Group Inc Sells 3,162 Shares of iShares Select Dividend ETF (DVY)

NEXT Financial Group Inc trimmed its position in iShares Select Dividend ETF (NASDAQ:DVY) by 8.7% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 33,365 shares of the company’s stock after selling 3,162 shares during the period. iShares Select Dividend ETF comprises about 0.9% of NEXT Financial Group Inc’s investment portfolio, making the stock its 15th largest position. NEXT Financial Group Inc’s holdings in iShares Select Dividend ETF were worth $3,170,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in the business. Suntrust Banks Inc. lifted its holdings in iShares Select Dividend ETF by 4.7% in the 2nd quarter. Suntrust Banks Inc. now owns 2,787,640 shares of the company’s stock valued at $257,046,000 after purchasing an additional 124,298 shares in the last quarter. BlackRock Inc. increased its stake in shares of iShares Select Dividend ETF by 1.7% during the 2nd quarter. BlackRock Inc. now owns 1,250,889 shares of the company’s stock valued at $115,345,000 after acquiring an additional 21,208 shares during the last quarter. Royal Bank of Canada increased its stake in shares of iShares Select Dividend ETF by 1.8% during the 2nd quarter. Royal Bank of Canada now owns 920,308 shares of the company’s stock valued at $84,861,000 after acquiring an additional 16,571 shares during the last quarter. Northwestern Mutual Wealth Management Co. increased its stake in shares of iShares Select Dividend ETF by 2.6% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 811,326 shares of the company’s stock valued at $74,812,000 after acquiring an additional 20,475 shares during the last quarter. Finally, Bank of New York Mellon Corp increased its stake in shares of iShares Select Dividend ETF by 5.1% during the 3rd quarter. Bank of New York Mellon Corp now owns 741,271 shares of the company’s stock valued at $69,422,000 after acquiring an additional 35,895 shares during the last quarter.

iShares Select Dividend ETF (NASDAQ:DVY) traded up $0.01 during midday trading on Monday, hitting $95.24. 290,900 shares of the stock were exchanged, compared to its average volume of 622,523. iShares Select Dividend ETF has a one year low of $86.01 and a one year high of $95.85.

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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.

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

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