Acropolis Investment Management LLC lowered its stake in iShares Dow Jones US Financial (NYSEARCA:IYF) by 68.2% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 3,921 shares of the company’s stock after selling 8,411 shares during the quarter. Acropolis Investment Management LLC’s holdings in iShares Dow Jones US Financial were worth $468,000 as of its most recent filing with the SEC.
Separately, Confluence Investment Management LLC raised its holdings in shares of iShares Dow Jones US Financial by 1.0% during the 4th quarter. Confluence Investment Management LLC now owns 45,801 shares of the company’s stock worth $5,470,000 after acquiring an additional 449 shares during the period.
Shares of iShares Dow Jones US Financial (NYSEARCA:IYF) opened at $123.13 on Friday. The stock has a market capitalization of $2,040.00 and a PE ratio of 21.05. iShares Dow Jones US Financial has a 52-week low of $100.70 and a 52-week high of $123.90.
The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, December 26th. Investors of record on Wednesday, December 20th were given a dividend of $0.5566 per share. This represents a $2.23 dividend on an annualized basis and a dividend yield of 1.81%. The ex-dividend date was Tuesday, December 19th. iShares Dow Jones US Financial’s payout ratio is 29.91%.
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iShares Dow Jones US Financial Company Profile
iShares U.S. Financials ETF, formerly iShares Dow Jones U.S. Financial Sector Index Fund, seeks investment results that correspond generally to the price and yield performance of the Dow Jones U.S. Financials Index (the Index). The Index measures the performance of the financial sector of the United States equity market, and includes companies in industry groups, such as banks, non-life insurance, life insurance, real estate and general finance.
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