KFG Wealth Management LLC Sells 194 Shares of iShares Select Dividend ETF (NASDAQ:DVY)

KFG Wealth Management LLC lessened its stake in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 3.7% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 5,102 shares of the company’s stock after selling 194 shares during the quarter. KFG Wealth Management LLC’s holdings in iShares Select Dividend ETF were worth $670,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in DVY. Duncan Williams Asset Management LLC acquired a new stake in shares of iShares Select Dividend ETF in the fourth quarter valued at $209,000. Affiance Financial LLC acquired a new stake in iShares Select Dividend ETF in the fourth quarter worth about $299,000. Juncture Wealth Strategies LLC boosted its stake in shares of iShares Select Dividend ETF by 2.8% in the 4th quarter. Juncture Wealth Strategies LLC now owns 5,150 shares of the company’s stock valued at $676,000 after purchasing an additional 138 shares during the last quarter. Insight Inv LLC acquired a new stake in shares of iShares Select Dividend ETF during the 4th quarter worth approximately $218,000. Finally, Grimes & Company Inc. raised its stake in shares of iShares Select Dividend ETF by 3.2% during the fourth quarter. Grimes & Company Inc. now owns 9,353 shares of the company’s stock worth $1,228,000 after buying an additional 293 shares during the last quarter. Institutional investors and hedge funds own 46.08% of the company’s stock.

iShares Select Dividend ETF Stock Up 0.6 %

DVY stock opened at $135.10 on Friday. iShares Select Dividend ETF has a twelve month low of $112.42 and a twelve month high of $144.09. The company has a market cap of $20.24 billion, a P/E ratio of 13.25 and a beta of 0.87. The business’s fifty day moving average is $135.50 and its 200-day moving average is $133.23.

iShares Select Dividend ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Friday, December 20th. Investors of record on Tuesday, December 17th were paid 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.