iShares Select Dividend ETF (NASDAQ:DVY) Shares Sold by Mayflower Financial Advisors LLC

Mayflower Financial Advisors LLC cut its holdings in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 7.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 14,373 shares of the company’s stock after selling 1,236 shares during the period. Mayflower Financial Advisors LLC’s holdings in iShares Select Dividend ETF were worth $1,887,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of the business. 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 worth $25,000 after purchasing an additional 150 shares in the last quarter. ORG Wealth Partners LLC acquired a new position in iShares Select Dividend ETF in the 3rd quarter valued at about $36,000. JDM Financial Group LLC grew its holdings 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 valued at $41,000 after buying an additional 75 shares during the period. M&R Capital Management Inc. grew its holdings in shares of iShares Select Dividend ETF by 1,455.0% during the 3rd quarter. M&R Capital Management Inc. now owns 311 shares of the company’s stock worth $42,000 after purchasing an additional 291 shares during the period. Finally, ORG Partners LLC grew its holdings 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. 46.08% of the stock is currently owned by hedge funds and other institutional investors.

iShares Select Dividend ETF Stock Down 0.9 %

NASDAQ DVY opened at $134.96 on Wednesday. The stock has a market cap of $20.22 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 business has a 50 day moving average price of $135.44 and a two-hundred day moving average price of $133.49.

iShares Select Dividend ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Friday, December 20th. Investors of record on Tuesday, December 17th were given a dividend of $1.3164 per share. The ex-dividend date of this dividend 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.