Pine Valley Investments Ltd Liability Co Sells 336 Shares of iShares Select Dividend ETF (NASDAQ:DVY)

Pine Valley Investments Ltd Liability Co cut its holdings in iShares Select Dividend ETF (NASDAQ:DVY) by 13.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,253 shares of the company’s stock after selling 336 shares during the period. Pine Valley Investments Ltd Liability Co’s holdings in iShares Select Dividend ETF were worth $296,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of DVY. Thurston Springer Miller Herd & Titak Inc. increased its position in shares of iShares Select Dividend ETF by 340.9% during the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 194 shares of the company’s stock valued at $25,000 after purchasing an additional 150 shares during the last quarter. Creative Capital Management Investments LLC bought a new position in iShares Select Dividend ETF during the fourth quarter valued at about $33,000. Roxbury Financial LLC purchased a new stake in iShares Select Dividend ETF during the fourth quarter worth about $38,000. JDM Financial Group LLC increased 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 worth $41,000 after buying an additional 75 shares during the last quarter. Finally, Weaver Capital Management LLC bought a new stake in iShares Select Dividend ETF in the fourth quarter worth about $43,000. 46.08% of the stock is owned by hedge funds and other institutional investors.

iShares Select Dividend ETF Stock Down 0.2 %

iShares Select Dividend ETF stock opened at $136.78 on Thursday. The firm has a 50 day moving average price of $133.73 and a 200-day moving average price of $134.72. iShares Select Dividend ETF has a twelve month low of $115.43 and a twelve month high of $144.09. The company has a market capitalization of $20.33 billion, a P/E ratio of 13.25 and a beta of 0.87.

iShares Select Dividend ETF Cuts Dividend

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

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.