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

Wambolt & Associates LLC trimmed its holdings in iShares Select Dividend ETF (NASDAQ:DVY) by 9.5% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 4,798 shares of the company’s stock after selling 505 shares during the period. Wambolt & Associates LLC’s holdings in iShares Select Dividend ETF were worth $630,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently modified their holdings of DVY. JPMorgan Chase & Co. lifted its holdings in iShares Select Dividend ETF by 0.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,380,841 shares of the company’s stock valued at $186,510,000 after purchasing an additional 7,012 shares in the last quarter. ORG Partners LLC grew its stake in shares of iShares Select Dividend ETF by 331.9% during the 4th quarter. ORG Partners LLC now owns 488 shares of the company’s stock valued at $64,000 after buying an additional 375 shares during the period. Charles Schwab Investment Management Inc. raised its position in shares of iShares Select Dividend ETF by 588.4% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 288,441 shares of the company’s stock worth $37,869,000 after buying an additional 246,540 shares during the period. Regatta Capital Group LLC lifted its stake in shares of iShares Select Dividend ETF by 6.7% in the 4th quarter. Regatta Capital Group LLC now owns 3,965 shares of the company’s stock valued at $521,000 after purchasing an additional 250 shares in the last quarter. Finally, Fulton Bank N.A. lifted its position in iShares Select Dividend ETF by 20.4% during the fourth quarter. Fulton Bank N.A. now owns 26,935 shares of the company’s stock valued at $3,536,000 after buying an additional 4,568 shares in the last quarter. Hedge funds and other institutional investors own 46.08% of the company’s stock.

iShares Select Dividend ETF Trading Up 0.8 %

Shares of DVY stock opened at $133.87 on Tuesday. The company’s fifty day simple moving average is $134.69 and its 200-day simple moving average is $135.09. iShares Select Dividend ETF has a 52 week low of $115.43 and a 52 week high of $144.09. The company has a market cap of $19.90 billion, a PE ratio of 15.96 and a beta of 0.87.

iShares Select Dividend ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Friday, March 21st. Shareholders of record on Tuesday, March 18th were issued a $1.0495 dividend. The ex-dividend date was Tuesday, March 18th.

About iShares Select Dividend ETF

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.