iShares Select Dividend ETF (NASDAQ:DVY) Shares Sold by Stiles Financial Services Inc

Stiles Financial Services Inc trimmed its position in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 6.1% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,958 shares of the company’s stock after selling 191 shares during the period. Stiles Financial Services Inc’s holdings in iShares Select Dividend ETF were worth $388,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of DVY. Newbridge Financial Services Group Inc. acquired a new position in iShares Select Dividend ETF during the 4th quarter worth about $52,000. Miller Howard Investments Inc. NY increased its stake in iShares Select Dividend ETF by 369.5% during the fourth quarter. Miller Howard Investments Inc. NY now owns 498,927 shares of the company’s stock worth $65,504,000 after purchasing an additional 392,667 shares during the period. Benedict Financial Advisors Inc. lifted its position in shares of iShares Select Dividend ETF by 28.5% during the fourth quarter. Benedict Financial Advisors Inc. now owns 2,438 shares of the company’s stock worth $320,000 after purchasing an additional 540 shares in the last quarter. Apollon Wealth Management LLC lifted its position in shares of iShares Select Dividend ETF by 10.8% during the fourth quarter. Apollon Wealth Management LLC now owns 7,217 shares of the company’s stock worth $947,000 after purchasing an additional 706 shares in the last quarter. Finally, Apollon Financial LLC boosted its stake in shares of iShares Select Dividend ETF by 1.2% in the fourth quarter. Apollon Financial LLC now owns 7,713 shares of the company’s stock valued at $1,013,000 after purchasing an additional 90 shares during the period. 46.08% of the stock is currently owned by hedge funds and other institutional investors.

iShares Select Dividend ETF Stock Down 0.6 %

Shares of DVY opened at $134.10 on Monday. The company has a market cap of $19.93 billion, a P/E ratio of 13.25 and a beta of 0.87. iShares Select Dividend ETF has a fifty-two week low of $112.42 and a fifty-two week high of $144.09. The firm’s 50 day moving average price is $134.14 and its 200 day moving average price is $133.93.

iShares Select Dividend ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Friday, December 20th. Shareholders of record on Tuesday, December 17th were paid a $1.3164 dividend. The ex-dividend date of this dividend was Tuesday, December 17th.

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.