Transcend Capital Advisors LLC Decreases Stock Position in iShares Select Dividend ETF (NASDAQ:DVY)

Transcend Capital Advisors LLC trimmed its stake in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 5.7% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 19,375 shares of the company’s stock after selling 1,169 shares during the quarter. Transcend Capital Advisors LLC’s holdings in iShares Select Dividend ETF were worth $2,544,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Thurston Springer Miller Herd & Titak Inc. raised its holdings in shares of 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 purchasing an additional 150 shares in the last quarter. Creative Capital Management Investments LLC purchased a new position in iShares Select Dividend ETF in the fourth quarter valued at $33,000. Roxbury Financial LLC acquired a new stake in iShares Select Dividend ETF in the fourth quarter valued at $38,000. JDM Financial Group LLC lifted its holdings 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 worth $41,000 after buying an additional 75 shares during the last quarter. Finally, Weaver Capital Management LLC acquired a new position in shares of iShares Select Dividend ETF during the 4th quarter worth about $43,000. Hedge funds and other institutional investors own 46.08% of the company’s stock.

iShares Select Dividend ETF Stock Performance

DVY opened at $136.69 on Friday. iShares Select Dividend ETF has a one year low of $115.02 and a one year high of $144.09. The company has a market cap of $20.32 billion, a P/E ratio of 13.25 and a beta of 0.87. The business’s 50-day simple moving average is $133.51 and its 200-day simple moving average is $134.33.

iShares Select Dividend ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Friday, December 20th. Shareholders of record on Tuesday, December 17th were paid a $1.3164 dividend. 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.