Stiles Financial Services Inc Reduces Holdings in iShares Select Dividend ETF (NASDAQ:DVY)

Stiles Financial Services Inc lowered its position in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 6.1% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 2,958 shares of the company’s stock after selling 191 shares during the period. Stiles Financial Services Inc’s holdings in iShares Select Dividend ETF were worth $388,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Thurston Springer Miller Herd & Titak Inc. lifted its stake in iShares Select Dividend ETF by 340.9% in the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 194 shares of the company’s stock valued at $25,000 after buying an additional 150 shares during the last quarter. ORG Wealth Partners LLC acquired a new position in shares of iShares Select Dividend ETF in the 3rd quarter valued at $36,000. JDM Financial Group LLC increased its holdings 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 acquiring an additional 75 shares during the period. Weaver Capital Management LLC purchased a new stake in iShares Select Dividend ETF in the 4th quarter valued at $43,000. Finally, Newbridge Financial Services Group Inc. acquired a new stake in iShares Select Dividend ETF during the 4th quarter worth $52,000. 46.08% of the stock is owned by hedge funds and other institutional investors.

iShares Select Dividend ETF Stock Performance

Shares of iShares Select Dividend ETF stock opened at $134.10 on Monday. The company’s fifty day moving average is $134.14 and its two-hundred day moving average is $133.93. iShares Select Dividend ETF has a 1 year low of $112.42 and a 1 year high of $144.09. The company has a market capitalization of $19.93 billion, a P/E ratio of 13.25 and a beta of 0.87.

iShares Select Dividend ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Friday, December 20th. Investors of record on Tuesday, December 17th were issued a dividend of $1.3164 per share. The ex-dividend date 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.