Kingsview Wealth Management LLC Sells 4,500 Shares of iShares Select Dividend ETF (NASDAQ:DVY)

Kingsview Wealth Management LLC lessened its holdings in iShares Select Dividend ETF (NASDAQ:DVY) by 50.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 4,348 shares of the company’s stock after selling 4,500 shares during the period. Kingsview Wealth Management LLC’s holdings in iShares Select Dividend ETF were worth $571,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Thurston Springer Miller Herd & Titak Inc. grew its holdings in iShares Select Dividend ETF by 340.9% during the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 194 shares of the company’s stock valued at $25,000 after purchasing an additional 150 shares during the last quarter. ORG Wealth Partners LLC bought a new stake in shares of iShares Select Dividend ETF during the 3rd quarter worth $36,000. JDM Financial Group LLC grew its stake in iShares Select Dividend ETF by 33.3% in the 3rd quarter. JDM Financial Group LLC now owns 300 shares of the company’s stock valued at $41,000 after buying an additional 75 shares during the last quarter. Weaver Capital Management LLC bought a new position in iShares Select Dividend ETF in the 4th quarter worth $43,000. Finally, Financial Life Planners acquired a new position in iShares Select Dividend ETF during the 4th quarter worth $58,000. 46.08% of the stock is currently owned by institutional investors.

iShares Select Dividend ETF Price Performance

DVY stock opened at $134.48 on Thursday. The company has a 50-day moving average of $133.88 and a two-hundred day moving average of $134.06. The stock has a market capitalization of $19.99 billion, a price-to-earnings ratio of 13.25 and a beta of 0.87. iShares Select Dividend ETF has a 52-week low of $112.42 and a 52-week high of $144.09.

iShares Select Dividend ETF Cuts Dividend

The firm also recently announced 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.