Watts Gwilliam & Co. LLC Cuts Stock Position in iShares Select Dividend ETF (NASDAQ:DVY)

Watts Gwilliam & Co. LLC cut its position in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 0.7% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 11,851 shares of the company’s stock after selling 79 shares during the quarter. Watts Gwilliam & Co. LLC’s holdings in iShares Select Dividend ETF were worth $1,550,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the company. Fulton Bank N.A. grew its position in iShares Select Dividend ETF by 20.4% during the fourth quarter. Fulton Bank N.A. now owns 26,935 shares of the company’s stock valued at $3,536,000 after acquiring an additional 4,568 shares during the last quarter. Diversified Trust Co purchased a new stake in shares of iShares Select Dividend ETF in the 4th quarter valued at $352,000. JPMorgan Chase & Co. grew its holdings in shares of iShares Select Dividend ETF by 0.5% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,380,841 shares of the company’s stock valued at $186,510,000 after purchasing an additional 7,012 shares during the last quarter. Fidelity D & D Bancorp Inc. purchased a new position in iShares Select Dividend ETF in the 3rd quarter worth $219,000. Finally, Franklin Resources Inc. lifted its stake in iShares Select Dividend ETF by 0.3% in the third quarter. Franklin Resources Inc. now owns 149,135 shares of the company’s stock worth $20,156,000 after purchasing an additional 491 shares during the last quarter. 46.08% of the stock is owned by hedge funds and other institutional investors.

iShares Select Dividend ETF Stock Up 0.1 %

NASDAQ DVY opened at $130.88 on Friday. The firm has a market cap of $19.93 billion, a price-to-earnings ratio of 13.25 and a beta of 0.87. The company has a 50-day simple moving average of $136.35 and a two-hundred day simple moving average of $132.28. iShares Select Dividend ETF has a 12-month low of $112.42 and a 12-month high of $144.09.

iShares Select Dividend ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Friday, December 20th. Investors of record on Tuesday, December 17th were given a dividend of $1.3164 per share. The ex-dividend date of this dividend was Tuesday, December 17th.

About iShares Select Dividend ETF

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.