iShares Select Dividend ETF (NASDAQ:DVY) Shares Sold by Carret Asset Management LLC

Carret Asset Management LLC decreased its holdings in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 0.4% in the 4th quarter, Holdings Channel.com reports. The fund owned 49,907 shares of the company’s stock after selling 183 shares during the quarter. Carret Asset Management LLC’s holdings in iShares Select Dividend ETF were worth $5,850,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in DVY. Schnieders Capital Management LLC grew its stake in shares of iShares Select Dividend ETF by 59.2% in the fourth quarter. Schnieders Capital Management LLC now owns 6,089 shares of the company’s stock valued at $714,000 after buying an additional 2,265 shares in the last quarter. GAMMA Investing LLC acquired a new stake in shares of iShares Select Dividend ETF in the fourth quarter valued at $27,000. Parkside Financial Bank & Trust grew its stake in shares of iShares Select Dividend ETF by 91.2% in the fourth quarter. Parkside Financial Bank & Trust now owns 390 shares of the company’s stock valued at $46,000 after buying an additional 186 shares in the last quarter. SlateStone Wealth LLC acquired a new stake in shares of iShares Select Dividend ETF in the fourth quarter valued at $218,000. Finally, Townsend Asset Management Corp NC ADV grew its stake in shares of iShares Select Dividend ETF by 1.1% in the fourth quarter. Townsend Asset Management Corp NC ADV now owns 15,105 shares of the company’s stock valued at $1,771,000 after buying an additional 163 shares in the last quarter. Institutional investors and hedge funds own 46.08% of the company’s stock.

iShares Select Dividend ETF Stock Performance

Shares of NASDAQ DVY traded up $0.70 during trading on Wednesday, reaching $120.92. The stock had a trading volume of 358,934 shares, compared to its average volume of 578,476. iShares Select Dividend ETF has a fifty-two week low of $102.66 and a fifty-two week high of $123.43. The business’s 50-day moving average price is $118.80 and its 200-day moving average price is $114.66. The company has a market cap of $18.42 billion, a P/E ratio of 12.98 and a beta of 0.87.

iShares Select Dividend ETF Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, March 27th. Investors of record on Friday, March 22nd were paid a dividend of $0.9976 per share. The ex-dividend date was Thursday, March 21st. This represents a $3.99 annualized dividend and a yield of 3.30%.

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.