Blodgett Wealth Advisors LLC Sells 1,500 Shares of iShares Select Dividend ETF (NASDAQ:DVY)

Blodgett Wealth Advisors LLC reduced its stake in iShares Select Dividend ETF (NASDAQ:DVY) by 11.8% during the fourth quarter, according to its most recent filing with the SEC. The fund owned 11,165 shares of the company’s stock after selling 1,500 shares during the quarter. iShares Select Dividend ETF accounts for approximately 1.3% of Blodgett Wealth Advisors LLC’s portfolio, making the stock its 17th largest holding. Blodgett Wealth Advisors LLC’s holdings in iShares Select Dividend ETF were worth $1,309,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Northern Trust Corp raised its stake in shares of iShares Select Dividend ETF by 3.0% during the 3rd quarter. Northern Trust Corp now owns 3,446,617 shares of the company’s stock valued at $370,994,000 after purchasing an additional 101,996 shares during the period. Royal Bank of Canada boosted its holdings in iShares Select Dividend ETF by 2.6% in the 3rd quarter. Royal Bank of Canada now owns 2,579,311 shares of the company’s stock valued at $277,635,000 after purchasing an additional 64,326 shares during the period. International Assets Investment Management LLC increased its holdings in shares of iShares Select Dividend ETF by 12,638.3% in the fourth quarter. International Assets Investment Management LLC now owns 2,407,409 shares of the company’s stock worth $282,196,000 after purchasing an additional 2,388,510 shares during the period. Commonwealth Equity Services LLC boosted its stake in iShares Select Dividend ETF by 1.2% during the third quarter. Commonwealth Equity Services LLC now owns 641,814 shares of the company’s stock valued at $69,085,000 after buying an additional 7,883 shares during the period. Finally, Comerica Bank purchased a new position in iShares Select Dividend ETF during the third quarter worth about $61,160,000. Institutional investors own 46.08% of the company’s stock.

iShares Select Dividend ETF Price Performance

Shares of NASDAQ:DVY traded down $0.42 on Friday, hitting $119.78. The company’s stock had a trading volume of 322,915 shares, compared to its average volume of 573,232. iShares Select Dividend ETF has a 1 year low of $102.66 and a 1 year high of $123.43. The company has a market capitalization of $18.20 billion, a PE ratio of 12.98 and a beta of 0.87. The company has a 50-day simple moving average of $119.11 and a 200 day simple moving average of $114.83.

iShares Select Dividend ETF Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, March 27th. Stockholders of record on Friday, March 22nd were issued a $0.9976 dividend. This represents a $3.99 dividend on an annualized basis and a dividend yield of 3.33%. The ex-dividend date was Thursday, March 21st.

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.