Bensler LLC Trims Position in iShares Select Dividend ETF (NASDAQ:DVY)

Bensler LLC lessened its stake in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 13.8% in the fourth quarter, Holdings Channel reports. The institutional investor owned 17,864 shares of the company’s stock after selling 2,871 shares during the quarter. Bensler LLC’s holdings in iShares Select Dividend ETF were worth $2,345,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. Thurston Springer Miller Herd & Titak Inc. grew 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 worth $25,000 after purchasing an additional 150 shares in the last quarter. ORG Wealth Partners LLC purchased a new position in shares of iShares Select Dividend ETF during the third quarter worth about $36,000. JDM Financial Group LLC lifted its position in iShares Select Dividend ETF by 33.3% in 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 last quarter. M&R Capital Management Inc. lifted its position in iShares Select Dividend ETF by 1,455.0% in the 3rd quarter. M&R Capital Management Inc. now owns 311 shares of the company’s stock worth $42,000 after buying an additional 291 shares during the last quarter. Finally, ORG Partners LLC lifted its position in iShares Select Dividend ETF by 331.9% in the 4th quarter. ORG Partners LLC now owns 488 shares of the company’s stock worth $64,000 after buying an additional 375 shares during the last quarter. Hedge funds and other institutional investors own 46.08% of the company’s stock.

iShares Select Dividend ETF Price Performance

NASDAQ:DVY opened at $135.81 on Tuesday. The business has a 50 day moving average of $135.50 and a 200 day moving average of $133.40. The company has a market capitalization of $20.35 billion, a price-to-earnings ratio of 13.25 and a beta of 0.87. iShares Select Dividend ETF has a 1-year low of $112.42 and a 1-year high of $144.09.

iShares Select Dividend ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Friday, December 20th. Investors of record on Tuesday, December 17th were given a $1.3164 dividend. The ex-dividend date of this dividend 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.