Quent Capital LLC Sells 1,022 Shares of iShares Select Dividend ETF (NASDAQ:DVY)

Quent Capital LLC decreased its position in iShares Select Dividend ETF (NASDAQ:DVY) by 48.2% during the fourth quarter, HoldingsChannel.com reports. The firm owned 1,100 shares of the company’s stock after selling 1,022 shares during the quarter. Quent Capital LLC’s holdings in iShares Select Dividend ETF were worth $144,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Thurston Springer Miller Herd & Titak Inc. boosted its stake 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 worth $25,000 after purchasing an additional 150 shares in the last quarter. ORG Wealth Partners LLC bought a new position in iShares Select Dividend ETF in the 3rd quarter worth about $36,000. JDM Financial Group LLC boosted its stake in iShares Select Dividend ETF by 33.3% in the 3rd quarter. JDM Financial Group LLC now owns 300 shares of the company’s stock worth $41,000 after purchasing an additional 75 shares in the last quarter. Weaver Capital Management LLC bought a new position in iShares Select Dividend ETF in the 4th quarter worth about $43,000. Finally, Newbridge Financial Services Group Inc. bought a new position in iShares Select Dividend ETF in the 4th quarter worth about $52,000. Institutional investors own 46.08% of the company’s stock.

iShares Select Dividend ETF Price Performance

Shares of iShares Select Dividend ETF stock opened at $134.48 on Thursday. iShares Select Dividend ETF has a 1 year low of $112.42 and a 1 year high of $144.09. The firm’s 50-day moving average is $133.88 and its 200 day moving average is $134.06. The stock has a market cap of $19.99 billion, a price-to-earnings ratio of 13.25 and a beta of 0.87.

iShares Select Dividend ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Friday, December 20th. Shareholders of record on Tuesday, December 17th were given 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.