iShares Select Dividend ETF (NASDAQ:DVY) Shares Sold by Fonville Wealth Management LLC

Fonville Wealth Management LLC decreased its holdings in iShares Select Dividend ETF (NASDAQ:DVY) by 3.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 4,453 shares of the company’s stock after selling 176 shares during the period. Fonville Wealth Management LLC’s holdings in iShares Select Dividend ETF were worth $585,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also modified their holdings of the stock. Thurston Springer Miller Herd & Titak Inc. grew its stake in iShares Select Dividend ETF by 340.9% during the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 194 shares of the company’s stock worth $25,000 after purchasing an additional 150 shares in the last quarter. ORG Wealth Partners LLC acquired a new position in shares of iShares Select Dividend ETF during the third quarter worth about $36,000. JDM Financial Group LLC grew its position in shares of iShares Select Dividend ETF by 33.3% during the third quarter. JDM Financial Group LLC now owns 300 shares of the company’s stock worth $41,000 after buying an additional 75 shares in the last quarter. Weaver Capital Management LLC purchased a new stake in shares of iShares Select Dividend ETF during the fourth quarter worth approximately $43,000. Finally, Newbridge Financial Services Group Inc. acquired a new stake in iShares Select Dividend ETF in the fourth quarter valued at approximately $52,000. Hedge funds and other institutional investors own 46.08% of the company’s stock.

iShares Select Dividend ETF Stock Down 0.6 %

NASDAQ DVY opened at $134.10 on Monday. iShares Select Dividend ETF has a 52 week low of $112.42 and a 52 week high of $144.09. The firm has a 50 day moving average of $134.14 and a two-hundred day moving average of $133.93. The stock has a market capitalization of $19.93 billion, a PE 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. Investors of record on Tuesday, December 17th were paid a dividend of $1.3164 per share. The ex-dividend date was Tuesday, December 17th.

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.