iShares Select Dividend ETF (NASDAQ:DVY) Shares Sold by New England Private Wealth Advisors LLC

New England Private Wealth Advisors LLC lowered its position in iShares Select Dividend ETF (NASDAQ:DVY) by 69.2% in the fourth quarter, Holdings Channel.com reports. The firm owned 6,658 shares of the company’s stock after selling 14,973 shares during the quarter. New England Private Wealth Advisors LLC’s holdings in iShares Select Dividend ETF were worth $781,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently added to or reduced their stakes in the company. Halbert Hargrove Global Advisors LLC boosted its holdings in iShares Select Dividend ETF by 2.1% during the fourth quarter. Halbert Hargrove Global Advisors LLC now owns 4,376 shares of the company’s stock worth $513,000 after buying an additional 88 shares in the last quarter. JNBA Financial Advisors increased its stake in shares of iShares Select Dividend ETF by 26.6% during the 3rd quarter. JNBA Financial Advisors now owns 448 shares of the company’s stock worth $48,000 after purchasing an additional 94 shares during the last quarter. Sunbelt Securities Inc. increased its stake in shares of iShares Select Dividend ETF by 0.6% during the 3rd quarter. Sunbelt Securities Inc. now owns 16,069 shares of the company’s stock worth $1,730,000 after purchasing an additional 96 shares during the last quarter. Access Financial Services Inc. increased its stake in shares of iShares Select Dividend ETF by 0.5% during the 4th quarter. Access Financial Services Inc. now owns 19,382 shares of the company’s stock worth $2,272,000 after purchasing an additional 96 shares during the last quarter. Finally, Patriot Financial Group Insurance Agency LLC increased its stake in shares of iShares Select Dividend ETF by 3.9% during the 4th quarter. Patriot Financial Group Insurance Agency LLC now owns 2,540 shares of the company’s stock worth $298,000 after purchasing an additional 96 shares during the last quarter. Institutional investors and hedge funds own 46.08% of the company’s stock.

iShares Select Dividend ETF Price Performance

NASDAQ:DVY traded down $0.42 during midday trading on Friday, reaching $119.78. The stock had a trading volume of 322,915 shares, compared to its average volume of 573,232. iShares Select Dividend ETF has a 1-year low of $102.66 and a 1-year high of $123.43. The firm’s fifty day simple moving average is $119.11 and its 200-day simple moving average is $114.83. The stock has a market capitalization of $18.20 billion, a P/E ratio of 12.98 and a beta of 0.87.

iShares Select Dividend ETF Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, March 27th. Shareholders of record on Friday, March 22nd were given a $0.9976 dividend. The ex-dividend date was Thursday, March 21st. This represents a $3.99 annualized dividend and a yield of 3.33%.

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.