Madrona Financial Services LLC Trims Stock Position in iShares Select Dividend ETF (NASDAQ:DVY)

Madrona Financial Services LLC decreased its position in iShares Select Dividend ETF (NASDAQ:DVY) by 3.9% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 3,842 shares of the company’s stock after selling 156 shares during the quarter. Madrona Financial Services LLC’s holdings in iShares Select Dividend ETF were worth $504,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Thurston Springer Miller Herd & Titak Inc. grew its stake 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 worth $25,000 after acquiring an additional 150 shares in the last quarter. ORG Wealth Partners LLC acquired a new position in shares of iShares Select Dividend ETF in the third quarter worth $36,000. JDM Financial Group LLC grew its stake 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 purchasing an additional 75 shares in the last quarter. M&R Capital Management Inc. grew its stake 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 worth $42,000 after purchasing an additional 291 shares in the last quarter. Finally, ORG Partners LLC grew its stake in shares of iShares Select Dividend ETF by 331.9% during the fourth quarter. ORG Partners LLC now owns 488 shares of the company’s stock worth $64,000 after purchasing an additional 375 shares in the last quarter. Institutional investors and hedge funds own 46.08% of the company’s stock.

iShares Select Dividend ETF Price Performance

NASDAQ DVY opened at $134.21 on Thursday. iShares Select Dividend ETF has a 1 year low of $112.42 and a 1 year high of $144.09. The company has a market capitalization of $20.38 billion, a PE ratio of 13.25 and a beta of 0.87. The company has a fifty day moving average of $135.63 and a two-hundred day moving average of $133.12.

iShares Select Dividend ETF Cuts Dividend

The business 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 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.