iShares Select Dividend ETF (NASDAQ:DVY) Shares Sold by Highland Capital Management LLC

Highland Capital Management LLC lessened its stake in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 1.6% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 48,105 shares of the company’s stock after selling 795 shares during the quarter. Highland Capital Management LLC’s holdings in iShares Select Dividend ETF were worth $6,316,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in the stock. JPMorgan Chase & Co. increased its holdings 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 buying an additional 7,012 shares in the last quarter. Sequoia Financial Advisors LLC increased its holdings in shares of iShares Select Dividend ETF by 2.2% in the third quarter. Sequoia Financial Advisors LLC now owns 47,836 shares of the company’s stock valued at $6,461,000 after buying an additional 1,041 shares in the last quarter. Global Retirement Partners LLC increased its holdings in shares of iShares Select Dividend ETF by 12.0% in the third quarter. Global Retirement Partners LLC now owns 4,232 shares of the company’s stock valued at $572,000 after buying an additional 455 shares in the last quarter. ORG Partners LLC increased its holdings in shares of 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 buying an additional 375 shares in the last quarter. Finally, Regatta Capital Group LLC increased its holdings in shares of 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 valued at $521,000 after buying 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 Performance

NASDAQ DVY opened at $134.65 on Thursday. The business’s fifty day moving average is $135.36 and its two-hundred day moving average is $133.56. iShares Select Dividend ETF has a 1 year low of $112.42 and a 1 year high of $144.09. The stock has a market capitalization of $20.16 billion, a P/E ratio of 13.25 and a beta of 0.87.

iShares Select Dividend ETF Cuts Dividend

The company also recently announced 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 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.