Castle Wealth Management LLC Decreases Position in iShares Select Dividend ETF (NASDAQ:DVY)

Castle Wealth Management LLC trimmed its position in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 6.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 2,142 shares of the company’s stock after selling 158 shares during the quarter. Castle Wealth Management LLC’s holdings in iShares Select Dividend ETF were worth $281,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of the company. Banque Cantonale Vaudoise boosted its position in shares of iShares Select Dividend ETF by 10.1% in the third quarter. Banque Cantonale Vaudoise now owns 798 shares of the company’s stock worth $108,000 after buying an additional 73 shares during the period. JDM Financial Group LLC boosted its position in shares of iShares Select Dividend ETF by 33.3% in the third 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. Richardson Financial Services Inc. boosted its position in shares of iShares Select Dividend ETF by 17.9% in the fourth quarter. Richardson Financial Services Inc. now owns 494 shares of the company’s stock worth $65,000 after buying an additional 75 shares during the period. Unionview LLC boosted its position in shares of iShares Select Dividend ETF by 0.7% in the third quarter. Unionview LLC now owns 11,151 shares of the company’s stock worth $1,506,000 after buying an additional 76 shares during the period. Finally, CMG Global Holdings LLC boosted its position in shares of iShares Select Dividend ETF by 0.5% in the third quarter. CMG Global Holdings LLC now owns 17,284 shares of the company’s stock worth $2,335,000 after buying an additional 80 shares during the period. 46.08% of the stock is currently owned by hedge funds and other institutional investors.

iShares Select Dividend ETF Price Performance

Shares of NASDAQ DVY opened at $134.48 on Thursday. iShares Select Dividend ETF has a 1-year low of $112.42 and a 1-year high of $144.09. The business has a 50-day moving average of $133.88 and a 200-day moving average of $134.06. The company has a market capitalization of $19.99 billion, a price-to-earnings ratio of 13.25 and a beta of 0.87.

iShares Select Dividend ETF Cuts Dividend

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