Commonwealth Financial Services LLC Sells 109 Shares of iShares Select Dividend ETF (NASDAQ:DVY)

Commonwealth Financial Services LLC decreased its holdings in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 4.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 2,536 shares of the company’s stock after selling 109 shares during the quarter. Commonwealth Financial Services LLC’s holdings in iShares Select Dividend ETF were worth $333,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. raised its stake in shares of iShares Select Dividend ETF by 0.5% in the third 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. Sequoia Financial Advisors LLC lifted its holdings in shares of iShares Select Dividend ETF by 2.2% during the 3rd quarter. Sequoia Financial Advisors LLC now owns 47,836 shares of the company’s stock worth $6,461,000 after acquiring an additional 1,041 shares during the period. Global Retirement Partners LLC boosted its position in shares of iShares Select Dividend ETF by 12.0% during the 3rd quarter. Global Retirement Partners LLC now owns 4,232 shares of the company’s stock valued at $572,000 after acquiring an additional 455 shares in the last quarter. ORG Partners LLC increased 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 valued at $64,000 after acquiring an additional 375 shares during the period. Finally, Regatta Capital Group LLC raised its position in iShares Select Dividend ETF by 6.7% in the fourth quarter. Regatta Capital Group LLC now owns 3,965 shares of the company’s stock worth $521,000 after purchasing an additional 250 shares in the last quarter. Institutional investors and hedge funds own 46.08% of the company’s stock.

iShares Select Dividend ETF Stock Down 0.4 %

Shares of DVY opened at $134.25 on Tuesday. iShares Select Dividend ETF has a 12 month low of $112.42 and a 12 month high of $144.09. The stock has a market cap of $19.98 billion, a price-to-earnings ratio of 13.25 and a beta of 0.87. The company has a 50-day moving average price of $135.03 and a two-hundred day moving average price of $133.73.

iShares Select Dividend ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Friday, December 20th. Investors of record on Tuesday, December 17th were given 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.