Pallas Capital Advisors LLC Reduces Stake in iShares Select Dividend ETF (NASDAQ:DVY)

Pallas Capital Advisors LLC trimmed its position in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 2.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 18,672 shares of the company’s stock after selling 433 shares during the quarter. Pallas Capital Advisors LLC’s holdings in iShares Select Dividend ETF were worth $2,451,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the company. Banque Cantonale Vaudoise boosted its stake in iShares Select Dividend ETF by 10.1% during the 3rd quarter. Banque Cantonale Vaudoise now owns 798 shares of the company’s stock valued at $108,000 after acquiring an additional 73 shares during the last quarter. JDM Financial Group LLC raised its stake in shares of iShares Select Dividend ETF by 33.3% in 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. Unionview LLC lifted its position in shares of iShares Select Dividend ETF by 0.7% during the third quarter. Unionview LLC now owns 11,151 shares of the company’s stock worth $1,506,000 after purchasing an additional 76 shares during the last quarter. CMG Global Holdings LLC grew its stake in iShares Select Dividend ETF by 0.5% in the third quarter. CMG Global Holdings LLC now owns 17,284 shares of the company’s stock worth $2,335,000 after purchasing an additional 80 shares in the last quarter. Finally, Pathway Financial Advisers LLC increased its holdings in iShares Select Dividend ETF by 1.4% in the second quarter. Pathway Financial Advisers LLC now owns 6,137 shares of the company’s stock valued at $740,000 after buying an additional 84 shares during the last quarter. Institutional investors and hedge funds own 46.08% of the company’s stock.

iShares Select Dividend ETF Trading Up 0.7 %

NASDAQ DVY traded up $0.84 on Monday, hitting $129.42. 532,698 shares of the stock traded hands, compared to its average volume of 535,900. The company has a market capitalization of $19.70 billion, a P/E ratio of 13.25 and a beta of 0.87. The stock has a 50-day moving average of $136.25 and a 200 day moving average of $132.48. iShares Select Dividend ETF has a twelve month low of $112.42 and a twelve month high of $144.09.

iShares Select Dividend ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Friday, December 20th. Shareholders of record on Tuesday, December 17th were issued a $1.3164 dividend. The ex-dividend date of this dividend 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.