SlateStone Wealth LLC Reduces Stock Position in iShares Select Dividend ETF (NASDAQ:DVY)

SlateStone Wealth LLC cut its stake in iShares Select Dividend ETF (NASDAQ:DVY) by 4.5% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 3,193 shares of the company’s stock after selling 151 shares during the period. SlateStone Wealth LLC’s holdings in iShares Select Dividend ETF were worth $419,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also made changes to their positions in the company. Thurston Springer Miller Herd & Titak Inc. grew its position in shares of iShares Select Dividend ETF by 340.9% in the fourth 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 in the last quarter. Creative Capital Management Investments LLC purchased a new position in iShares Select Dividend ETF in the fourth quarter worth approximately $33,000. Roxbury Financial LLC purchased a new position in iShares Select Dividend ETF in the fourth quarter worth approximately $38,000. JDM Financial Group LLC grew its position in iShares Select Dividend ETF by 33.3% in 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. Finally, Weaver Capital Management LLC purchased a new position in iShares Select Dividend ETF in the fourth quarter worth approximately $43,000. 46.08% of the stock is currently owned by hedge funds and other institutional investors.

iShares Select Dividend ETF Stock Performance

Shares of iShares Select Dividend ETF stock opened at $133.17 on Monday. The firm has a market capitalization of $19.80 billion, a price-to-earnings ratio of 16.35 and a beta of 0.87. iShares Select Dividend ETF has a fifty-two week low of $115.43 and a fifty-two week high of $144.09. The stock has a 50 day moving average of $134.29 and a 200 day moving average of $135.09.

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.