iShares Select Dividend ETF (NASDAQ:DVY) Shares Sold by Merit Financial Group LLC

Merit Financial Group LLC lowered its holdings in iShares Select Dividend ETF (NASDAQ:DVY) by 25.7% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 4,234 shares of the company’s stock after selling 1,467 shares during the quarter. Merit Financial Group LLC’s holdings in iShares Select Dividend ETF were worth $556,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. Thurston Springer Miller Herd & Titak Inc. raised its holdings in iShares Select Dividend ETF by 340.9% in the 4th 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 period. ORG Wealth Partners LLC acquired a new stake in shares of iShares Select Dividend ETF during the third quarter valued at about $36,000. 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 acquiring an additional 75 shares during the period. M&R Capital Management Inc. lifted its holdings in shares of iShares Select Dividend ETF by 1,455.0% in the 3rd quarter. M&R Capital Management Inc. now owns 311 shares of the company’s stock worth $42,000 after acquiring an additional 291 shares during the last quarter. Finally, ORG Partners LLC boosted its position in shares of iShares Select Dividend ETF by 331.9% during the 4th quarter. ORG Partners LLC now owns 488 shares of the company’s stock worth $64,000 after purchasing an additional 375 shares during the period. Institutional investors and hedge funds own 46.08% of the company’s stock.

iShares Select Dividend ETF Stock Performance

iShares Select Dividend ETF stock opened at $134.31 on Friday. The company has a market capitalization of $20.39 billion, a PE ratio of 13.25 and a beta of 0.87. iShares Select Dividend ETF has a fifty-two week low of $112.42 and a fifty-two week high of $144.09. The firm has a 50 day moving average price of $135.63 and a 200 day moving average price of $133.12.

iShares Select Dividend ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Friday, December 20th. Stockholders of record on Tuesday, December 17th were paid 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.