iShares Select Dividend ETF (NASDAQ:DVY) Shares Sold by Lane & Associates LLC

Lane & Associates LLC cut its stake in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 17.4% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,037 shares of the company’s stock after selling 428 shares during the quarter. Lane & Associates LLC’s holdings in iShares Select Dividend ETF were worth $275,000 as of its most recent SEC filing.

Several other hedge funds have also recently made changes to their positions in the company. Thurston Springer Miller Herd & Titak Inc. grew its stake in iShares Select Dividend ETF by 340.9% during the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 194 shares of the company’s stock valued at $25,000 after purchasing an additional 150 shares during the last quarter. Creative Capital Management Investments LLC purchased a new stake in iShares Select Dividend ETF in the fourth quarter valued at approximately $33,000. Roxbury Financial LLC acquired a new position in iShares Select Dividend ETF in the 4th quarter worth approximately $38,000. JDM Financial Group LLC raised its position in iShares Select Dividend ETF by 33.3% during the 3rd quarter. JDM Financial Group LLC now owns 300 shares of the company’s stock worth $41,000 after buying an additional 75 shares during the last quarter. Finally, Weaver Capital Management LLC acquired a new stake in iShares Select Dividend ETF during the 4th quarter valued at approximately $43,000. 46.08% of the stock is owned by institutional investors and hedge funds.

iShares Select Dividend ETF Price Performance

DVY stock opened at $137.31 on Friday. The company has a market capitalization of $20.41 billion, a P/E ratio of 13.25 and a beta of 0.87. iShares Select Dividend ETF has a 12 month low of $115.02 and a 12 month high of $144.09. The firm’s fifty day simple moving average is $133.51 and its 200-day simple moving average is $134.33.

iShares Select Dividend ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Friday, December 20th. Shareholders 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.