Canandaigua National Bank & Trust Co. Sells 122 Shares of iShares Select Dividend ETF (NASDAQ:DVY)

Canandaigua National Bank & Trust Co. lowered its stake in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 0.8% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 15,116 shares of the company’s stock after selling 122 shares during the period. Canandaigua National Bank & Trust Co.’s holdings in iShares Select Dividend ETF were worth $1,985,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently made changes to their positions in DVY. ORG Wealth Partners LLC bought a new stake in shares of iShares Select Dividend ETF during the third quarter valued at approximately $36,000. JDM Financial Group LLC lifted its stake in shares of iShares Select Dividend ETF by 33.3% in the third quarter. JDM Financial Group LLC now owns 300 shares of the company’s stock valued at $41,000 after buying an additional 75 shares in the last quarter. M&R Capital Management Inc. grew its holdings in shares of iShares Select Dividend ETF by 1,455.0% during the third quarter. M&R Capital Management Inc. now owns 311 shares of the company’s stock valued at $42,000 after buying an additional 291 shares during the last quarter. Fairfield Financial Advisors LTD bought a new stake in shares of iShares Select Dividend ETF during the second quarter worth about $47,000. Finally, 1832 Asset Management L.P. bought a new position in iShares Select Dividend ETF in the 2nd quarter valued at about $73,000. 46.08% of the stock is currently owned by institutional investors and hedge funds.

iShares Select Dividend ETF Stock Performance

DVY traded down $0.88 during midday trading on Monday, reaching $131.00. 439,118 shares of the company were exchanged, compared to its average volume of 481,989. The company’s fifty day moving average price is $136.63 and its 200 day moving average price is $132.15. iShares Select Dividend ETF has a one year low of $112.42 and a one year high of $144.09. The company has a market cap of $19.94 billion, a price-to-earnings 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 issued a dividend of $1.3164 per share. The ex-dividend date of this dividend 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.