Armor Investment Advisors LLC lowered its stake in iShares Select Dividend ETF (NASDAQ:DVY – Free Report) by 4.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 2,910 shares of the company’s stock after selling 131 shares during the quarter. Armor Investment Advisors LLC’s holdings in iShares Select Dividend ETF were worth $382,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Banque Cantonale Vaudoise grew its holdings in iShares Select Dividend ETF by 10.1% during the third quarter. Banque Cantonale Vaudoise now owns 798 shares of the company’s stock worth $108,000 after purchasing an additional 73 shares during the period. JDM Financial Group LLC boosted its holdings in shares of 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 acquiring an additional 75 shares during the period. Richardson Financial Services Inc. boosted its holdings in shares of iShares Select Dividend ETF by 17.9% during the fourth quarter. Richardson Financial Services Inc. now owns 494 shares of the company’s stock worth $65,000 after acquiring an additional 75 shares during the period. Unionview LLC boosted its holdings in shares of iShares Select Dividend ETF by 0.7% during the third quarter. Unionview LLC now owns 11,151 shares of the company’s stock worth $1,506,000 after acquiring an additional 76 shares during the period. Finally, CMG Global Holdings LLC boosted its holdings in shares of iShares Select Dividend ETF by 0.5% during the third quarter. CMG Global Holdings LLC now owns 17,284 shares of the company’s stock worth $2,335,000 after acquiring an additional 80 shares during the period. Institutional investors and hedge funds own 46.08% of the company’s stock.
iShares Select Dividend ETF Trading Up 0.2 %
Shares of DVY stock opened at $134.38 on Tuesday. The stock has a market cap of $19.98 billion, a P/E ratio of 13.25 and a beta of 0.87. The stock has a 50 day simple moving average of $134.14 and a 200 day simple moving average of $133.98. iShares Select Dividend ETF has a 1 year low of $112.42 and a 1 year high of $144.09.
iShares Select Dividend ETF Cuts Dividend
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.
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