Interchange Capital Partners LLC Sells 168 Shares of iShares Select Dividend ETF (NASDAQ:DVY)

Interchange Capital Partners LLC trimmed its holdings in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 4.5% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 3,593 shares of the company’s stock after selling 168 shares during the quarter. Interchange Capital Partners LLC’s holdings in iShares Select Dividend ETF were worth $472,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in DVY. Thrivent Financial for Lutherans grew its position in iShares Select Dividend ETF by 48.0% during the third quarter. Thrivent Financial for Lutherans now owns 34,012 shares of the company’s stock valued at $4,594,000 after buying an additional 11,032 shares during the period. Meridian Wealth Management LLC bought a new stake in iShares Select Dividend ETF during the third quarter valued at approximately $1,144,000. Great Valley Advisor Group Inc. grew its position in iShares Select Dividend ETF by 5.9% during the third quarter. Great Valley Advisor Group Inc. now owns 4,892 shares of the company’s stock valued at $661,000 after buying an additional 272 shares during the period. Cerity Partners LLC grew its position in iShares Select Dividend ETF by 7.9% during the third quarter. Cerity Partners LLC now owns 147,372 shares of the company’s stock valued at $19,906,000 after buying an additional 10,827 shares during the period. Finally, Wealth Dimensions Group Ltd. grew its position in iShares Select Dividend ETF by 14.8% during the third quarter. Wealth Dimensions Group Ltd. now owns 6,574 shares of the company’s stock valued at $888,000 after buying an additional 849 shares during the period. 46.08% of the stock is currently owned by institutional investors.

iShares Select Dividend ETF Trading Down 0.5 %

Shares of NASDAQ DVY opened at $132.77 on Monday. iShares Select Dividend ETF has a 12-month low of $115.43 and a 12-month high of $144.09. The firm has a market capitalization of $19.74 billion, a price-to-earnings ratio of 15.96 and a beta of 0.87. The firm has a 50 day moving average of $134.60 and a 200 day moving average of $135.08.

iShares Select Dividend ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Friday, March 21st. Shareholders of record on Tuesday, March 18th were issued a dividend of $1.0495 per share. The ex-dividend date of this dividend was Tuesday, March 18th.

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.