Cornell Pochily Investment Advisors Inc. Sells 1,172 Shares of iShares Select Dividend ETF (NASDAQ:DVY)

Cornell Pochily Investment Advisors Inc. lessened its stake in iShares Select Dividend ETF (NASDAQ:DVY) by 7.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 14,331 shares of the company’s stock after selling 1,172 shares during the quarter. Cornell Pochily Investment Advisors Inc.’s holdings in iShares Select Dividend ETF were worth $1,680,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently modified their holdings of DVY. Nelson Van Denburg & Campbell Wealth Management Group LLC raised its position in iShares Select Dividend ETF by 1.2% in the 1st quarter. Nelson Van Denburg & Campbell Wealth Management Group LLC now owns 6,854 shares of the company’s stock worth $878,000 after buying an additional 81 shares during the last quarter. Financial Advocates Investment Management raised its position in iShares Select Dividend ETF by 0.7% in the 4th quarter. Financial Advocates Investment Management now owns 14,216 shares of the company’s stock worth $1,714,000 after buying an additional 93 shares during the last quarter. JNBA Financial Advisors raised its position in iShares Select Dividend ETF by 26.6% in the 3rd quarter. JNBA Financial Advisors now owns 448 shares of the company’s stock worth $48,000 after buying an additional 94 shares during the last quarter. Sunbelt Securities Inc. raised its position in iShares Select Dividend ETF by 0.6% in the 3rd quarter. Sunbelt Securities Inc. now owns 16,069 shares of the company’s stock worth $1,730,000 after buying an additional 96 shares during the last quarter. Finally, Financial Consulate Inc. raised its position in iShares Select Dividend ETF by 3.2% in the 3rd quarter. Financial Consulate Inc. now owns 3,217 shares of the company’s stock worth $346,000 after buying an additional 99 shares during the last quarter. Hedge funds and other institutional investors own 47.25% of the company’s stock.

iShares Select Dividend ETF Price Performance

Shares of NASDAQ:DVY traded up $0.49 during mid-day trading on Thursday, reaching $122.93. 125,115 shares of the company traded hands, compared to its average volume of 594,814. The company’s 50 day moving average price is $116.80 and its 200-day moving average price is $113.21. The firm has a market cap of $19.41 billion, a PE ratio of 11.69 and a beta of 0.87. iShares Select Dividend ETF has a 52 week low of $102.66 and a 52 week high of $123.12.

iShares Select Dividend ETF Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, March 27th. Stockholders of record on Friday, March 22nd were issued a dividend of $0.9976 per share. The ex-dividend date was Thursday, March 21st. This represents a $3.99 annualized dividend and a dividend yield of 3.25%.

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.