Joseph P. Lucia & Associates LLC Cuts Stock Holdings in iShares Select Dividend ETF (NASDAQ:DVY)

Joseph P. Lucia & Associates LLC lowered its stake in iShares Select Dividend ETF (NASDAQ:DVY) by 1.1% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 33,111 shares of the company’s stock after selling 363 shares during the period. iShares Select Dividend ETF makes up approximately 1.9% of Joseph P. Lucia & Associates LLC’s holdings, making the stock its 14th largest holding. Joseph P. Lucia & Associates LLC’s holdings in iShares Select Dividend ETF were worth $4,347,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of the stock. Thurston Springer Miller Herd & Titak Inc. raised its holdings in shares of iShares Select Dividend ETF by 340.9% during the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 194 shares of the company’s stock valued at $25,000 after acquiring an additional 150 shares in the last quarter. ORG Wealth Partners LLC purchased a new stake in shares of iShares Select Dividend ETF in the 3rd quarter worth about $36,000. JDM Financial Group LLC boosted its stake in shares of iShares Select Dividend ETF by 33.3% during the 3rd quarter. JDM Financial Group LLC now owns 300 shares of the company’s stock valued at $41,000 after purchasing an additional 75 shares in the last quarter. M&R Capital Management Inc. increased its position 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 period. Finally, ORG Partners LLC raised its stake in iShares Select Dividend ETF by 331.9% in the fourth quarter. ORG Partners LLC now owns 488 shares of the company’s stock worth $64,000 after buying an additional 375 shares in the last quarter. Hedge funds and other institutional investors own 46.08% of the company’s stock.

iShares Select Dividend ETF Stock Performance

Shares of NASDAQ:DVY opened at $136.13 on Tuesday. The firm has a market capitalization of $20.40 billion, a P/E ratio of 13.25 and a beta of 0.87. The stock has a 50 day moving average price of $135.50 and a 200-day moving average price of $133.40. iShares Select Dividend ETF has a 52-week low of $112.42 and a 52-week high of $144.09.

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 dividend of $1.3164 per share. The ex-dividend date 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.