iShares Select Dividend ETF (NASDAQ:DVY) Stake Reduced by SOA Wealth Advisors LLC.

SOA Wealth Advisors LLC. decreased its holdings in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 2.7% in the 4th quarter, HoldingsChannel.com reports. The firm owned 73,937 shares of the company’s stock after selling 2,056 shares during the period. iShares Select Dividend ETF comprises approximately 1.8% of SOA Wealth Advisors LLC.’s portfolio, making the stock its 12th biggest holding. SOA Wealth Advisors LLC.’s holdings in iShares Select Dividend ETF were worth $9,707,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Thurston Springer Miller Herd & Titak Inc. lifted its holdings in shares of 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 purchased a new position in iShares Select Dividend ETF in the 3rd quarter worth about $36,000. JDM Financial Group LLC raised its holdings 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. Weaver Capital Management LLC purchased a new stake in iShares Select Dividend ETF during the fourth quarter valued at about $43,000. Finally, Financial Life Planners acquired a new position in shares of iShares Select Dividend ETF in the fourth quarter worth about $58,000. Institutional investors and hedge funds own 46.08% of the company’s stock.

iShares Select Dividend ETF Price Performance

iShares Select Dividend ETF stock opened at $134.10 on Friday. iShares Select Dividend ETF has a fifty-two week low of $112.42 and a fifty-two week high of $144.09. The firm’s 50 day simple moving average is $134.33 and its 200-day simple moving average is $133.84. The company has a market cap of $19.93 billion, a P/E 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 paid 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.