iShares Select Dividend ETF (NASDAQ:DVY) Stock Position Lessened by Commonwealth Financial Services LLC

Commonwealth Financial Services LLC trimmed its holdings in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 4.1% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 2,536 shares of the company’s stock after selling 109 shares during the period. Commonwealth Financial Services LLC’s holdings in iShares Select Dividend ETF were worth $333,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also modified their holdings of the company. Tempus Wealth Planning LLC increased its stake in shares of iShares Select Dividend ETF by 2.1% during the fourth quarter. Tempus Wealth Planning LLC now owns 16,334 shares of the company’s stock valued at $2,145,000 after acquiring an additional 333 shares during the period. Cabana LLC boosted its stake in iShares Select Dividend ETF by 14.5% during the 4th quarter. Cabana LLC now owns 20,012 shares of the company’s stock valued at $2,627,000 after purchasing an additional 2,540 shares in the last quarter. Financial Life Planners acquired a new position in shares of iShares Select Dividend ETF during the 4th quarter valued at $58,000. KPP Advisory Services LLC raised its stake in shares of iShares Select Dividend ETF by 63.7% in the 4th quarter. KPP Advisory Services LLC now owns 2,738 shares of the company’s stock worth $359,000 after buying an additional 1,065 shares in the last quarter. Finally, CENTRAL TRUST Co lifted its holdings in shares of iShares Select Dividend ETF by 23.6% in the fourth quarter. CENTRAL TRUST Co now owns 7,726 shares of the company’s stock valued at $1,014,000 after buying an additional 1,475 shares during the period. 46.08% of the stock is currently owned by institutional investors.

iShares Select Dividend ETF Stock Down 0.4 %

NASDAQ:DVY opened at $134.25 on Tuesday. The business’s 50-day moving average price is $135.03 and its 200 day moving average price is $133.73. iShares Select Dividend ETF has a 52-week low of $112.42 and a 52-week high of $144.09. The firm has a market cap of $19.98 billion, a P/E ratio of 13.25 and a beta of 0.87.

iShares Select Dividend ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Friday, December 20th. Stockholders of record on Tuesday, December 17th were given a dividend of $1.3164 per share. The ex-dividend date 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.