Nikulski Financial Inc. Lowers Stock Position in iShares Select Dividend ETF (NASDAQ:DVY)

Nikulski Financial Inc. decreased its position in iShares Select Dividend ETF (NASDAQ:DVY) by 89.4% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 4,078 shares of the company’s stock after selling 34,309 shares during the period. Nikulski Financial Inc.’s holdings in iShares Select Dividend ETF were worth $535,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Banque Cantonale Vaudoise grew its position in shares of iShares Select Dividend ETF by 10.1% in the third quarter. Banque Cantonale Vaudoise now owns 798 shares of the company’s stock valued at $108,000 after purchasing an additional 73 shares in the last quarter. JDM Financial Group LLC grew its holdings 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 in the last quarter. Unionview LLC increased its stake in shares of iShares Select Dividend ETF by 0.7% in the 3rd quarter. Unionview LLC now owns 11,151 shares of the company’s stock worth $1,506,000 after acquiring an additional 76 shares during the last quarter. CMG Global Holdings LLC raised its holdings in shares of iShares Select Dividend ETF by 0.5% during the 3rd quarter. CMG Global Holdings LLC now owns 17,284 shares of the company’s stock worth $2,335,000 after acquiring an additional 80 shares during the period. Finally, Pathway Financial Advisers LLC boosted its position in shares of iShares Select Dividend ETF by 1.4% during the 2nd quarter. Pathway Financial Advisers LLC now owns 6,137 shares of the company’s stock valued at $740,000 after acquiring an additional 84 shares during the last quarter. 46.08% of the stock is owned by hedge funds and other institutional investors.

iShares Select Dividend ETF Price Performance

Shares of DVY stock opened at $135.10 on Friday. The firm’s 50-day moving average is $135.50 and its two-hundred day moving average is $133.23. iShares Select Dividend ETF has a 12 month low of $112.42 and a 12 month high of $144.09. The company has a market capitalization of $20.24 billion, a PE ratio of 13.25 and a beta of 0.87.

iShares Select Dividend ETF Cuts Dividend

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