iShares Select Dividend ETF (NASDAQ:DVY) Shares Sold by Nikulski Financial Inc.

Nikulski Financial Inc. lessened its position in iShares Select Dividend ETF (NASDAQ:DVY) by 89.4% in the 4th quarter, Holdings Channel reports. The fund owned 4,078 shares of the company’s stock after selling 34,309 shares during the period. Nikulski Financial Inc.’s holdings in iShares Select Dividend ETF were worth $535,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also made changes to their positions in the company. 1832 Asset Management L.P. purchased a new stake in iShares Select Dividend ETF during the second quarter worth about $73,000. Evergreen Capital Management LLC purchased a new stake in shares of iShares Select Dividend ETF during the 2nd quarter worth approximately $236,000. Daymark Wealth Partners LLC grew its holdings in shares of iShares Select Dividend ETF by 153.2% in the 2nd quarter. Daymark Wealth Partners LLC now owns 6,588 shares of the company’s stock worth $797,000 after acquiring an additional 3,986 shares during the period. Smith Thornton Advisors LLC purchased a new position in iShares Select Dividend ETF in the 2nd quarter valued at approximately $415,000. Finally, Raab & Moskowitz Asset Management LLC raised its holdings in iShares Select Dividend ETF by 23.0% during the second quarter. Raab & Moskowitz Asset Management LLC now owns 42,844 shares of the company’s stock worth $5,183,000 after purchasing an additional 8,020 shares during the last quarter. Hedge funds and other institutional investors own 46.08% of the company’s stock.

iShares Select Dividend ETF Stock Up 0.6 %

NASDAQ:DVY opened at $135.10 on Friday. The company has a market capitalization of $20.24 billion, a PE ratio of 13.25 and a beta of 0.87. iShares Select Dividend ETF has a 52-week low of $112.42 and a 52-week high of $144.09. The stock has a fifty day simple moving average of $135.50 and a 200-day simple moving average of $133.23.

iShares Select Dividend ETF Cuts Dividend

The business also recently announced 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.