Kestra Private Wealth Services LLC Sells 364 Shares of iShares Select Dividend ETF (NASDAQ:DVY)

Kestra Private Wealth Services LLC cut its holdings in iShares Select Dividend ETF (NASDAQ:DVY) by 4.9% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 7,110 shares of the company’s stock after selling 364 shares during the period. Kestra Private Wealth Services LLC’s holdings in iShares Select Dividend ETF were worth $933,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of DVY. Thurston Springer Miller Herd & Titak Inc. boosted its holdings in iShares Select Dividend ETF by 340.9% during the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 194 shares of the company’s stock valued at $25,000 after acquiring an additional 150 shares during the period. JDM Financial Group LLC boosted its holdings in iShares Select Dividend ETF by 33.3% during the third quarter. JDM Financial Group LLC now owns 300 shares of the company’s stock valued at $41,000 after acquiring an additional 75 shares during the period. Weaver Capital Management LLC bought a new stake in iShares Select Dividend ETF during the fourth quarter valued at about $43,000. Financial Life Planners bought a new stake in iShares Select Dividend ETF during the fourth quarter valued at about $58,000. Finally, ORG Partners LLC boosted its holdings in iShares Select Dividend ETF by 331.9% during the fourth quarter. ORG Partners LLC now owns 488 shares of the company’s stock valued at $64,000 after acquiring an additional 375 shares during the period. 46.08% of the stock is currently owned by institutional investors.

iShares Select Dividend ETF Price Performance

DVY stock opened at $135.74 on Friday. The company has a 50-day moving average of $133.76 and a two-hundred day moving average of $134.07. The stock has a market capitalization of $20.18 billion, a price-to-earnings ratio of 13.25 and a beta of 0.87. iShares Select Dividend ETF has a 52-week low of $113.19 and a 52-week high of $144.09.

iShares Select Dividend ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Friday, December 20th. Stockholders of record on Tuesday, December 17th were given 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.