iShares Select Dividend ETF (NASDAQ:DVY) Shares Sold by Perfromance Wealth Partners LLC

Perfromance Wealth Partners LLC trimmed its holdings in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 5.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 9,870 shares of the company’s stock after selling 580 shares during the period. Perfromance Wealth Partners LLC’s holdings in iShares Select Dividend ETF were worth $1,296,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Edgestream Partners L.P. purchased a new position in iShares Select Dividend ETF in the 2nd quarter worth approximately $223,000. Hsbc Holdings PLC lifted its holdings in iShares Select Dividend ETF by 84.7% in the 2nd quarter. Hsbc Holdings PLC now owns 25,554 shares of the company’s stock worth $3,092,000 after buying an additional 11,722 shares in the last quarter. 1832 Asset Management L.P. purchased a new position in iShares Select Dividend ETF in the 2nd quarter valued at about $73,000. Evergreen Capital Management LLC acquired a new stake in shares of iShares Select Dividend ETF during the second quarter valued at about $236,000. Finally, Providence Capital Advisors LLC increased its position in shares of iShares Select Dividend ETF by 9.6% during the second quarter. Providence Capital Advisors LLC now owns 3,483 shares of the company’s stock worth $421,000 after acquiring an additional 305 shares during the last quarter. 46.08% of the stock is currently owned by hedge funds and other institutional investors.

iShares Select Dividend ETF Stock Performance

Shares of DVY opened at $136.14 on Wednesday. iShares Select Dividend ETF has a one year low of $112.42 and a one year high of $144.09. The stock has a 50-day moving average price of $135.76 and a 200 day moving average price of $133.00. The company has a market capitalization of $20.67 billion, a P/E ratio of 13.25 and a beta of 0.87.

iShares Select Dividend ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Friday, December 20th. Stockholders of record on Tuesday, December 17th were paid a dividend of $1.3164 per share. The ex-dividend date 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.