Precedent Wealth Partners LLC Has $1.46 Million Stock Position in iShares Select Dividend ETF (NASDAQ:DVY)

Precedent Wealth Partners LLC lessened its holdings in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 9.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 11,108 shares of the company’s stock after selling 1,198 shares during the period. Precedent Wealth Partners LLC’s holdings in iShares Select Dividend ETF were worth $1,458,000 as of its most recent filing with the SEC.

Other institutional investors also recently modified their holdings of the company. Thurston Springer Miller Herd & Titak Inc. grew its position 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 buying an additional 150 shares during the last quarter. ORG Wealth Partners LLC bought a new stake in iShares Select Dividend ETF in the third quarter valued at approximately $36,000. JDM Financial Group LLC increased its position 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 valued at $41,000 after purchasing an additional 75 shares during the period. M&R Capital Management Inc. raised its holdings in iShares Select Dividend ETF by 1,455.0% during the 3rd quarter. M&R Capital Management Inc. now owns 311 shares of the company’s stock worth $42,000 after purchasing an additional 291 shares during the last quarter. Finally, ORG Partners LLC raised its holdings in iShares Select Dividend ETF by 331.9% during the 4th quarter. ORG Partners LLC now owns 488 shares of the company’s stock worth $64,000 after purchasing an additional 375 shares during the last quarter. Institutional investors own 46.08% of the company’s stock.

iShares Select Dividend ETF Stock Performance

NASDAQ:DVY opened at $135.10 on Friday. iShares Select Dividend ETF has a 52 week low of $112.42 and a 52 week high of $144.09. The firm’s fifty day moving average is $135.50 and its 200-day moving average is $133.23. The firm has a market cap of $20.24 billion, a P/E ratio of 13.25 and a beta of 0.87.

iShares Select Dividend ETF Cuts Dividend

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