iShares Select Dividend ETF $DVY Shares Sold by Providence First Trust Co

Providence First Trust Co lowered its stake in iShares Select Dividend ETF (NASDAQ:DVY) by 30.2% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 13,442 shares of the company’s stock after selling 5,818 shares during the quarter. Providence First Trust Co’s holdings in iShares Select Dividend ETF were worth $1,897,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of the stock. Brighton Jones LLC lifted its position in iShares Select Dividend ETF by 14.3% in the fourth quarter. Brighton Jones LLC now owns 12,212 shares of the company’s stock worth $1,603,000 after purchasing an additional 1,524 shares during the period. AQR Capital Management LLC increased its position in shares of iShares Select Dividend ETF by 44.7% during the 1st quarter. AQR Capital Management LLC now owns 12,687 shares of the company’s stock valued at $1,704,000 after purchasing an additional 3,918 shares during the period. Qube Research & Technologies Ltd acquired a new position in shares of iShares Select Dividend ETF during the 2nd quarter valued at $34,000. NewEdge Advisors LLC raised its stake in shares of iShares Select Dividend ETF by 0.4% in the 2nd quarter. NewEdge Advisors LLC now owns 77,878 shares of the company’s stock worth $10,343,000 after buying an additional 326 shares in the last quarter. Finally, Quantinno Capital Management LP raised its stake in shares of iShares Select Dividend ETF by 52.8% in the 2nd quarter. Quantinno Capital Management LP now owns 24,543 shares of the company’s stock worth $3,260,000 after buying an additional 8,479 shares in the last quarter. Institutional investors and hedge funds own 46.08% of the company’s stock.

iShares Select Dividend ETF Stock Up 0.6%

Shares of iShares Select Dividend ETF stock opened at $154.56 on Wednesday. The business has a fifty day simple moving average of $152.20 and a 200-day simple moving average of $147.47. iShares Select Dividend ETF has a fifty-two week low of $128.34 and a fifty-two week high of $160.38. The firm has a market cap of $22.74 billion, a price-to-earnings ratio of 13.69 and a beta of 0.67.

iShares Select Dividend ETF Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 20th. Stockholders of record on Tuesday, March 17th were given a dividend of $1.1493 per share. The ex-dividend date was Tuesday, March 17th. This represents a $4.60 annualized dividend and a dividend yield of 3.0%.

About iShares Select Dividend ETF

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. The Index consists of 100 of the highest dividend-yielding securities (excluding real estate investment trusts (REITs) in the Dow Jones U.S.