Peddock Capital Advisors LLC Reduces Holdings in iShares Select Dividend ETF (NASDAQ:DVY)

Peddock Capital Advisors LLC lessened its holdings in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 17.4% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 4,052 shares of the company’s stock after selling 851 shares during the quarter. Peddock Capital Advisors LLC’s holdings in iShares Select Dividend ETF were worth $532,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of DVY. ORG Wealth Partners LLC purchased a new position in iShares Select Dividend ETF during the third quarter worth approximately $36,000. JDM Financial Group LLC raised its holdings in shares of iShares Select Dividend ETF by 33.3% during the 3rd quarter. JDM Financial Group LLC now owns 300 shares of the company’s stock worth $41,000 after acquiring an additional 75 shares during the period. M&R Capital Management Inc. grew its holdings in shares of iShares Select Dividend ETF by 1,455.0% in the third quarter. M&R Capital Management Inc. now owns 311 shares of the company’s stock valued at $42,000 after purchasing an additional 291 shares during the period. Fairfield Financial Advisors LTD acquired a new stake in iShares Select Dividend ETF during the second quarter worth about $47,000. Finally, ORG Partners LLC raised its stake in iShares Select Dividend ETF by 331.9% during the fourth quarter. ORG Partners LLC now owns 488 shares of the company’s stock worth $64,000 after purchasing an additional 375 shares during the period. Hedge funds and other institutional investors own 46.08% of the company’s stock.

iShares Select Dividend ETF Stock Up 0.7 %

Shares of iShares Select Dividend ETF stock traded up $0.84 during mid-day trading on Monday, hitting $129.42. The stock had a trading volume of 532,698 shares, compared to its average volume of 535,900. iShares Select Dividend ETF has a 12-month low of $112.42 and a 12-month high of $144.09. The firm has a market cap of $19.70 billion, a P/E ratio of 13.25 and a beta of 0.87. The firm has a 50-day moving average of $136.25 and a two-hundred day moving average of $132.48.

iShares Select Dividend ETF Cuts Dividend

The business also recently disclosed 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 was Tuesday, December 17th.

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.