iShares Select Dividend ETF (NASDAQ:DVY) Shares Sold by Welch & Forbes LLC

Welch & Forbes LLC lessened its position in iShares Select Dividend ETF (NASDAQ:DVY) by 3.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 13,450 shares of the company’s stock after selling 483 shares during the quarter. Welch & Forbes LLC’s holdings in iShares Select Dividend ETF were worth $1,577,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. Apollon Wealth Management LLC grew its stake in iShares Select Dividend ETF by 6.9% during the 4th quarter. Apollon Wealth Management LLC now owns 6,739 shares of the company’s stock worth $790,000 after buying an additional 435 shares during the last quarter. Wealthcare Advisory Partners LLC raised its holdings in iShares Select Dividend ETF by 3.2% during the fourth quarter. Wealthcare Advisory Partners LLC now owns 18,358 shares of the company’s stock worth $2,152,000 after purchasing an additional 573 shares during the last quarter. GUNN & Co INVESTMENT MANAGEMENT INC. acquired a new position in iShares Select Dividend ETF during the fourth quarter worth $504,000. TCG Advisory Services LLC raised its holdings in shares of iShares Select Dividend ETF by 30.7% in the fourth quarter. TCG Advisory Services LLC now owns 4,373 shares of the company’s stock worth $513,000 after acquiring an additional 1,026 shares during the last quarter. Finally, Resolute Wealth Strategies LLC raised its holdings in shares of iShares Select Dividend ETF by 2.0% in the fourth quarter. Resolute Wealth Strategies LLC now owns 6,445 shares of the company’s stock worth $755,000 after acquiring an additional 129 shares during the last quarter. Hedge funds and other institutional investors own 46.08% of the company’s stock.

iShares Select Dividend ETF Stock Performance

iShares Select Dividend ETF stock traded up $0.25 during trading on Wednesday, hitting $122.69. The company’s stock had a trading volume of 81,267 shares, compared to its average volume of 551,828. The stock has a market capitalization of $18.61 billion, a price-to-earnings ratio of 13.25 and a beta of 0.68. The stock’s fifty day moving average is $119.82 and its 200 day moving average is $115.63. iShares Select Dividend ETF has a 1-year low of $102.66 and a 1-year high of $123.43.

iShares Select Dividend ETF Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, March 27th. Stockholders of record on Friday, March 22nd were given a $0.9976 dividend. This represents a $3.99 annualized dividend and a dividend yield of 3.25%. The ex-dividend date was Thursday, March 21st.

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.