NewSquare Capital LLC Sells 1,400 Shares of iShares Select Dividend ETF (NASDAQ:DVY)

NewSquare Capital LLC decreased its holdings in iShares Select Dividend ETF (NASDAQ:DVY) by 52.8% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 1,250 shares of the company’s stock after selling 1,400 shares during the period. NewSquare Capital LLC’s holdings in iShares Select Dividend ETF were worth $147,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. GAMMA Investing LLC bought a new position in iShares Select Dividend ETF in the 4th quarter valued at approximately $27,000. Parkside Financial Bank & Trust lifted its stake in shares of iShares Select Dividend ETF by 91.2% in the 4th quarter. Parkside Financial Bank & Trust now owns 390 shares of the company’s stock valued at $46,000 after acquiring an additional 186 shares during the last quarter. JNBA Financial Advisors boosted its holdings in shares of iShares Select Dividend ETF by 26.6% during the 3rd quarter. JNBA Financial Advisors now owns 448 shares of the company’s stock valued at $48,000 after acquiring an additional 94 shares in the last quarter. Fortitude Family Office LLC bought a new stake in iShares Select Dividend ETF during the 4th quarter worth $57,000. Finally, Financial Connections Group Inc. bought a new stake in iShares Select Dividend ETF during the 4th quarter worth $58,000. Institutional investors own 46.08% of the company’s stock.

iShares Select Dividend ETF Stock Up 0.2 %

iShares Select Dividend ETF stock traded up $0.30 during trading hours on Wednesday, hitting $120.52. The stock had a trading volume of 205,879 shares, compared to its average volume of 576,438. The business’s 50 day simple moving average is $118.80 and its 200-day simple moving average is $114.66. iShares Select Dividend ETF has a one year low of $102.66 and a one year high of $123.43. The stock has a market cap of $18.36 billion, a price-to-earnings ratio of 12.98 and a beta of 0.87.

iShares Select Dividend ETF Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, March 27th. Investors of record on Friday, March 22nd were issued a $0.9976 dividend. The ex-dividend date was Thursday, March 21st. This represents a $3.99 dividend on an annualized basis and a yield of 3.31%.

iShares Select Dividend ETF 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.