Canandaigua National Bank & Trust Co. Sells 122 Shares of iShares Select Dividend ETF (NASDAQ:DVY)

Canandaigua National Bank & Trust Co. decreased its stake in iShares Select Dividend ETF (NASDAQ:DVY) by 0.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 15,116 shares of the company’s stock after selling 122 shares during the period. Canandaigua National Bank & Trust Co.’s holdings in iShares Select Dividend ETF were worth $1,985,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in DVY. ORG Wealth Partners LLC acquired a new stake in shares of iShares Select Dividend ETF during the third quarter valued at about $36,000. JDM Financial Group LLC boosted its position in iShares Select Dividend ETF by 33.3% during the 3rd quarter. JDM Financial Group LLC now owns 300 shares of the company’s stock worth $41,000 after buying an additional 75 shares during the period. M&R Capital Management Inc. grew its holdings in 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 worth $42,000 after acquiring an additional 291 shares during the last quarter. Fairfield Financial Advisors LTD bought a new position in shares of iShares Select Dividend ETF during the second quarter valued at $47,000. Finally, 1832 Asset Management L.P. bought a new stake in shares of iShares Select Dividend ETF in the second quarter worth $73,000. Institutional investors and hedge funds own 46.08% of the company’s stock.

iShares Select Dividend ETF Trading Down 0.7 %

NASDAQ:DVY traded down $0.88 during trading hours on Monday, hitting $131.00. 439,118 shares of the company were exchanged, compared to its average volume of 481,989. The stock has a market capitalization of $19.94 billion, a price-to-earnings ratio of 13.25 and a beta of 0.87. iShares Select Dividend ETF has a one year low of $112.42 and a one year high of $144.09. The company has a fifty day simple moving average of $136.63 and a 200 day simple moving average of $132.15.

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 dividend of $1.3164 per share. 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.