Madrona Financial Services LLC Sells 156 Shares of iShares Select Dividend ETF (NASDAQ:DVY)

Madrona Financial Services LLC lowered its position in iShares Select Dividend ETF (NASDAQ:DVY) by 3.9% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 3,842 shares of the company’s stock after selling 156 shares during the quarter. Madrona Financial Services LLC’s holdings in iShares Select Dividend ETF were worth $504,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of the company. Thurston Springer Miller Herd & Titak Inc. boosted its position in iShares Select Dividend ETF by 340.9% during the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 194 shares of the company’s stock valued at $25,000 after acquiring an additional 150 shares in the last quarter. ORG Wealth Partners LLC purchased a new stake in shares of iShares Select Dividend ETF during the 3rd quarter valued at $36,000. JDM Financial Group LLC lifted 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 valued at $41,000 after purchasing an additional 75 shares during the last quarter. M&R Capital Management Inc. lifted its holdings in shares of iShares Select Dividend ETF by 1,455.0% during the 3rd 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 last quarter. Finally, ORG Partners LLC lifted its holdings in shares of iShares Select Dividend ETF by 331.9% during the 4th quarter. ORG Partners LLC now owns 488 shares of the company’s stock valued at $64,000 after purchasing an additional 375 shares during the last quarter. Institutional investors own 46.08% of the company’s stock.

iShares Select Dividend ETF Price Performance

Shares of DVY stock opened at $134.21 on Thursday. The firm has a market capitalization of $20.38 billion, a price-to-earnings ratio of 13.25 and a beta of 0.87. The business has a fifty day moving average of $135.63 and a 200 day moving average of $133.12. iShares Select Dividend ETF has a 1 year low of $112.42 and a 1 year high of $144.09.

iShares Select Dividend ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Friday, December 20th. Investors of record on Tuesday, December 17th were paid a $1.3164 dividend. The ex-dividend date was Tuesday, December 17th.

iShares Select Dividend ETF Company 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.