Haverford Trust Co Cuts Stock Holdings in iShares Select Dividend ETF (NASDAQ:DVY)

Haverford Trust Co lowered its stake in iShares Select Dividend ETF (NASDAQ:DVY) by 4.4% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 21,772 shares of the company’s stock after selling 1,000 shares during the quarter. Haverford Trust Co’s holdings in iShares Select Dividend ETF were worth $2,858,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. JDM Financial Group LLC increased its position in 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 purchasing an additional 75 shares during the last quarter. Richardson Financial Services Inc. increased its holdings in shares of iShares Select Dividend ETF by 17.9% in the 4th 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 last quarter. Unionview LLC raised its position in shares of iShares Select Dividend ETF by 0.7% during the 4th quarter. Unionview LLC now owns 11,234 shares of the company’s stock valued at $1,475,000 after buying an additional 83 shares in the last quarter. Ritholtz Wealth Management lifted its holdings in shares of iShares Select Dividend ETF by 3.2% in the 4th quarter. Ritholtz Wealth Management now owns 2,764 shares of the company’s stock valued at $363,000 after acquiring an additional 86 shares during the last quarter. Finally, Apollon Financial LLC grew its position in iShares Select Dividend ETF by 1.2% in the fourth quarter. Apollon Financial LLC now owns 7,713 shares of the company’s stock worth $1,013,000 after acquiring an additional 90 shares in the last quarter. Institutional investors own 46.08% of the company’s stock.

iShares Select Dividend ETF Price Performance

Shares of DVY stock opened at $133.87 on Tuesday. The company has a market cap of $19.90 billion, a PE ratio of 15.96 and a beta of 0.87. The stock’s 50 day simple moving average is $134.69 and its two-hundred day simple moving average is $135.09. iShares Select Dividend ETF has a 1 year low of $115.43 and a 1 year high of $144.09.

iShares Select Dividend ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Friday, March 21st. Investors of record on Tuesday, March 18th were given a $1.0495 dividend. The ex-dividend date of this dividend was Tuesday, March 18th.

iShares Select Dividend ETF 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.