Provident Wealth Management LLC Sells 95 Shares of iShares Select Dividend ETF (NASDAQ:DVY)

Provident Wealth Management LLC lowered its position in iShares Select Dividend ETF (NASDAQ:DVY) by 2.4% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,805 shares of the company’s stock after selling 95 shares during the period. Provident Wealth Management LLC’s holdings in iShares Select Dividend ETF were worth $500,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. Banque Cantonale Vaudoise boosted its position in shares of iShares Select Dividend ETF by 10.1% during 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 raised its holdings 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 valued at $41,000 after purchasing an additional 75 shares during the last quarter. Richardson Financial Services Inc. lifted 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 purchasing an additional 75 shares in the last quarter. Unionview LLC boosted its holdings in iShares Select Dividend ETF by 0.7% during the third quarter. Unionview LLC now owns 11,151 shares of the company’s stock worth $1,506,000 after purchasing an additional 76 shares during the last quarter. Finally, CMG Global Holdings LLC grew its position in 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 valued at $2,335,000 after purchasing an additional 80 shares in the last quarter. Institutional investors and hedge funds own 46.08% of the company’s stock.

iShares Select Dividend ETF Price Performance

Shares of NASDAQ:DVY opened at $137.10 on Wednesday. The company’s 50-day moving average price is $133.59 and its two-hundred day moving average price is $134.71. iShares Select Dividend ETF has a one year low of $115.02 and a one year high of $144.09. The stock has a market capitalization of $20.38 billion, a PE 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. Investors of record on Tuesday, December 17th were issued a dividend of $1.3164 per share. 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.