iShares Select Dividend ETF (NASDAQ:DVY) Shares Sold by Wambolt & Associates LLC

Wambolt & Associates LLC lowered its position in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 9.5% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 4,798 shares of the company’s stock after selling 505 shares during the period. Wambolt & Associates LLC’s holdings in iShares Select Dividend ETF were worth $630,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. Thurston Springer Miller Herd & Titak Inc. boosted its position in shares of 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 valued at $25,000 after purchasing an additional 150 shares in the last quarter. Creative Capital Management Investments LLC purchased a new stake in shares of iShares Select Dividend ETF in the 4th quarter valued at approximately $33,000. Millstone Evans Group LLC purchased a new position in iShares Select Dividend ETF during the 4th quarter worth approximately $36,000. Roxbury Financial LLC purchased a new position in shares of iShares Select Dividend ETF during the fourth quarter valued at $38,000. Finally, JDM Financial Group LLC grew its stake in iShares Select Dividend ETF by 33.3% during 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 in the last quarter. Institutional investors own 46.08% of the company’s stock.

iShares Select Dividend ETF Stock Performance

DVY stock opened at $133.87 on Tuesday. The firm has a 50 day simple moving average of $134.69 and a 200 day simple moving average of $135.09. The stock has a market cap of $19.90 billion, a P/E ratio of 15.96 and a beta of 0.87. iShares Select Dividend ETF has a 52 week low of $115.43 and a 52 week high of $144.09.

iShares Select Dividend ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Friday, March 21st. Investors of record on Tuesday, March 18th were paid a $1.0495 dividend. The ex-dividend date was Tuesday, March 18th.

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.