Monterey Private Wealth Inc. Sells 295 Shares of iShares Select Dividend ETF (NASDAQ:DVY)

Monterey Private Wealth Inc. cut its holdings in iShares Select Dividend ETF (NASDAQ:DVY) by 7.5% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 3,630 shares of the company’s stock after selling 295 shares during the period. Monterey Private Wealth Inc.’s holdings in iShares Select Dividend ETF were worth $477,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. International Assets Investment Management LLC increased its position in shares of iShares Select Dividend ETF by 17,525.9% during the third quarter. International Assets Investment Management LLC now owns 4,372,993 shares of the company’s stock valued at $590,660,000 after buying an additional 4,348,183 shares during the period. Gilman Hill Asset Management LLC increased its holdings in iShares Select Dividend ETF by 1,439.1% during the 4th quarter. Gilman Hill Asset Management LLC now owns 161,377 shares of the company’s stock worth $21,187,000 after acquiring an additional 150,892 shares during the period. LPL Financial LLC lifted its stake in iShares Select Dividend ETF by 4.6% in the 3rd quarter. LPL Financial LLC now owns 1,465,825 shares of the company’s stock worth $197,989,000 after purchasing an additional 64,620 shares in the last quarter. Sanctuary Advisors LLC bought a new position in iShares Select Dividend ETF in the 2nd quarter valued at $5,769,000. Finally, Florin Court Capital LLP grew its position in shares of iShares Select Dividend ETF by 119.7% during the 3rd quarter. Florin Court Capital LLP now owns 65,700 shares of the company’s stock valued at $8,874,000 after purchasing an additional 35,800 shares in the last quarter. 46.08% of the stock is currently owned by hedge funds and other institutional investors.

iShares Select Dividend ETF Price Performance

Shares of DVY opened at $134.80 on Tuesday. iShares Select Dividend ETF has a 1-year low of $112.42 and a 1-year high of $144.09. The company has a market capitalization of $20.47 billion, a P/E ratio of 13.25 and a beta of 0.87. The firm’s 50 day simple moving average is $135.84 and its 200 day simple moving average is $132.90.

iShares Select Dividend ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Friday, December 20th. Stockholders of record on Tuesday, December 17th were issued a $1.3164 dividend. The ex-dividend date of this dividend was Tuesday, December 17th.

iShares Select Dividend ETF 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.