Joseph P. Lucia & Associates LLC Sells 363 Shares of iShares Select Dividend ETF (NASDAQ:DVY)

Joseph P. Lucia & Associates LLC cut its holdings in iShares Select Dividend ETF (NASDAQ:DVY) by 1.1% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 33,111 shares of the company’s stock after selling 363 shares during the quarter. iShares Select Dividend ETF accounts for 1.9% of Joseph P. Lucia & Associates LLC’s investment portfolio, making the stock its 14th largest holding. Joseph P. Lucia & Associates LLC’s holdings in iShares Select Dividend ETF were worth $4,347,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Cornell Pochily Investment Advisors Inc. raised its position in iShares Select Dividend ETF by 1.1% in the 4th quarter. Cornell Pochily Investment Advisors Inc. now owns 13,796 shares of the company’s stock valued at $1,811,000 after buying an additional 152 shares during the last quarter. Kingswood Wealth Advisors LLC lifted its position in shares of iShares Select Dividend ETF by 111.5% during the 4th quarter. Kingswood Wealth Advisors LLC now owns 43,297 shares of the company’s stock valued at $5,685,000 after buying an additional 22,826 shares during the last quarter. Regatta Capital Group LLC increased its holdings in iShares Select Dividend ETF by 6.7% in the 4th quarter. Regatta Capital Group LLC now owns 3,965 shares of the company’s stock worth $521,000 after acquiring an additional 250 shares during the last quarter. Guerra Pan Advisors LLC raised its stake in iShares Select Dividend ETF by 25.4% in the 4th quarter. Guerra Pan Advisors LLC now owns 7,278 shares of the company’s stock valued at $955,000 after acquiring an additional 1,474 shares during the period. Finally, Flagship Private Wealth LLC lifted its holdings in iShares Select Dividend ETF by 29.3% during the fourth quarter. Flagship Private Wealth LLC now owns 2,317 shares of the company’s stock valued at $304,000 after purchasing an additional 525 shares during the last quarter. 46.08% of the stock is currently owned by institutional investors.

iShares Select Dividend ETF Stock Up 0.8 %

DVY opened at $136.13 on Tuesday. The firm has a 50-day moving average price of $135.50 and a 200-day moving average price of $133.40. 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 capitalization of $20.40 billion, a price-to-earnings ratio of 13.25 and a beta of 0.87.

iShares Select Dividend ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Friday, December 20th. Shareholders of record on Tuesday, December 17th were issued a dividend of $1.3164 per share. The ex-dividend date was Tuesday, December 17th.

About iShares Select Dividend ETF

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.