Kestra Private Wealth Services LLC Has $933,000 Position in iShares Select Dividend ETF (NASDAQ:DVY)

Kestra Private Wealth Services LLC lowered its stake in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 4.9% in the fourth quarter, Holdings Channel reports. The institutional investor owned 7,110 shares of the company’s stock after selling 364 shares during the period. Kestra Private Wealth Services LLC’s holdings in iShares Select Dividend ETF were worth $933,000 as of its most recent filing with the SEC.

Other large investors have also made changes to their positions in the company. Thurston Springer Miller Herd & Titak Inc. raised its position in iShares Select Dividend ETF by 340.9% in the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 194 shares of the company’s stock worth $25,000 after purchasing an additional 150 shares in the last quarter. JDM Financial Group LLC lifted its stake in iShares Select Dividend ETF by 33.3% during the third quarter. JDM Financial Group LLC now owns 300 shares of the company’s stock worth $41,000 after purchasing an additional 75 shares during the period. Weaver Capital Management LLC bought a new position in iShares Select Dividend ETF during the fourth quarter worth about $43,000. Financial Life Planners bought a new position in iShares Select Dividend ETF during the fourth quarter worth about $58,000. Finally, ORG Partners LLC lifted its stake in iShares Select Dividend ETF by 331.9% during the fourth quarter. ORG Partners LLC now owns 488 shares of the company’s stock worth $64,000 after purchasing an additional 375 shares during the period. Institutional investors and hedge funds own 46.08% of the company’s stock.

iShares Select Dividend ETF Stock Up 0.9 %

Shares of DVY opened at $135.74 on Friday. The stock has a market cap of $20.18 billion, a price-to-earnings ratio of 13.25 and a beta of 0.87. iShares Select Dividend ETF has a 12 month low of $113.19 and a 12 month high of $144.09. The company has a 50-day moving average price of $133.76 and a two-hundred day moving average price of $134.07.

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 dividend of $1.3164 per share. 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.