CFO4Life Group LLC Sells 280 Shares of iShares Select Dividend ETF (NASDAQ:DVY)

CFO4Life Group LLC lessened its stake in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 12.3% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 2,004 shares of the company’s stock after selling 280 shares during the quarter. CFO4Life Group LLC’s holdings in iShares Select Dividend ETF were worth $263,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of DVY. Wealthfront Advisers LLC lifted its holdings in shares of iShares Select Dividend ETF by 194,486.4% during the fourth quarter. Wealthfront Advisers LLC now owns 24,488,697 shares of the company’s stock worth $3,215,121,000 after purchasing an additional 24,476,112 shares during the period. Bank of New York Mellon Corp increased its position in shares of iShares Select Dividend ETF by 0.7% during the fourth quarter. Bank of New York Mellon Corp now owns 1,881,782 shares of the company’s stock worth $247,059,000 after acquiring an additional 13,228 shares in the last quarter. LPL Financial LLC increased its position in shares of iShares Select Dividend ETF by 4.6% during the third quarter. LPL Financial LLC now owns 1,465,825 shares of the company’s stock worth $197,989,000 after acquiring an additional 64,620 shares in the last quarter. JPMorgan Chase & Co. increased its position in shares of iShares Select Dividend ETF by 0.5% during the third quarter. JPMorgan Chase & Co. now owns 1,380,841 shares of the company’s stock worth $186,510,000 after acquiring an additional 7,012 shares in the last quarter. Finally, Truist Financial Corp increased its position in shares of iShares Select Dividend ETF by 3.9% during the fourth quarter. Truist Financial Corp now owns 1,195,080 shares of the company’s stock worth $156,902,000 after acquiring an additional 44,508 shares in the last quarter. Institutional investors own 46.08% of the company’s stock.

iShares Select Dividend ETF Stock Performance

Shares of DVY stock opened at $130.95 on Thursday. The company has a market capitalization of $19.47 billion, a price-to-earnings ratio of 16.35 and a beta of 0.87. iShares Select Dividend ETF has a 52-week low of $115.43 and a 52-week high of $144.09. The company has a 50-day simple moving average of $134.27 and a two-hundred day simple moving average of $135.07.

iShares Select Dividend ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Friday, December 20th. Investors of record on Tuesday, December 17th were paid 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.