iShares Select Dividend ETF (NASDAQ:DVY) Shares Sold by Transcend Capital Advisors LLC

Transcend Capital Advisors LLC cut its position in iShares Select Dividend ETF (NASDAQ:DVY) by 5.7% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 19,375 shares of the company’s stock after selling 1,169 shares during the quarter. Transcend Capital Advisors LLC’s holdings in iShares Select Dividend ETF were worth $2,544,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in DVY. LPL Financial LLC increased its stake in iShares Select Dividend ETF by 4.6% in the third quarter. LPL Financial LLC now owns 1,465,825 shares of the company’s stock valued at $197,989,000 after purchasing an additional 64,620 shares during the period. JPMorgan Chase & Co. grew its holdings in shares of iShares Select Dividend ETF by 0.5% during the third quarter. JPMorgan Chase & Co. now owns 1,380,841 shares of the company’s stock worth $186,510,000 after buying an additional 7,012 shares during the last quarter. Truist Financial Corp increased its position in iShares Select Dividend ETF by 3.9% in the 4th quarter. Truist Financial Corp now owns 1,195,080 shares of the company’s stock valued at $156,902,000 after acquiring an additional 44,508 shares during the period. Miller Howard Investments Inc. NY raised its stake in iShares Select Dividend ETF by 369.5% during the 4th quarter. Miller Howard Investments Inc. NY now owns 498,927 shares of the company’s stock valued at $65,504,000 after acquiring an additional 392,667 shares during the last quarter. Finally, Rockefeller Capital Management L.P. lifted its position in iShares Select Dividend ETF by 0.5% during the 3rd quarter. Rockefeller Capital Management L.P. now owns 403,745 shares of the company’s stock worth $54,510,000 after acquiring an additional 2,072 shares during the period. Hedge funds and other institutional investors own 46.08% of the company’s stock.

iShares Select Dividend ETF Trading Down 0.5 %

Shares of DVY stock opened at $136.69 on Friday. iShares Select Dividend ETF has a twelve month low of $115.02 and a twelve month high of $144.09. The business’s 50 day moving average is $133.51 and its two-hundred day moving average is $134.33. The company has a market capitalization of $20.32 billion, a P/E ratio of 13.25 and a beta of 0.87.

iShares Select Dividend ETF Cuts Dividend

The company also recently disclosed 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 was Tuesday, December 17th.

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.