Principal Securities Inc. Sells 277 Shares of iShares Select Dividend ETF (NASDAQ:DVY)

Principal Securities Inc. lessened its position in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 1.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 16,702 shares of the company’s stock after selling 277 shares during the quarter. Principal Securities Inc.’s holdings in iShares Select Dividend ETF were worth $2,193,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. Thurston Springer Miller Herd & Titak Inc. increased its holdings in shares of iShares Select Dividend ETF by 340.9% in 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 in the last quarter. Roxbury Financial LLC bought a new position in iShares Select Dividend ETF in the fourth quarter valued at approximately $38,000. JDM Financial Group LLC grew 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 acquiring an additional 75 shares during the period. Weaver Capital Management LLC bought a new stake in shares of iShares Select Dividend ETF during the 4th quarter valued at $43,000. Finally, Newbridge Financial Services Group Inc. acquired a new position in shares of iShares Select Dividend ETF in the 4th quarter valued at $52,000. Institutional investors and hedge funds own 46.08% of the company’s stock.

iShares Select Dividend ETF Trading Down 0.0 %

Shares of DVY opened at $135.71 on Tuesday. The stock has a market cap of $20.17 billion, a P/E ratio of 13.25 and a beta of 0.87. iShares Select Dividend ETF has a 1 year low of $114.37 and a 1 year high of $144.09. The stock’s 50-day moving average price is $133.58 and its two-hundred day moving average price is $134.18.

iShares Select Dividend ETF Cuts Dividend

The business 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.