Interchange Capital Partners LLC Lowers Stake in iShares Select Dividend ETF (NASDAQ:DVY)

Interchange Capital Partners LLC reduced its holdings in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 4.5% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,593 shares of the company’s stock after selling 168 shares during the period. Interchange Capital Partners LLC’s holdings in iShares Select Dividend ETF were worth $472,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of the business. JDM Financial Group LLC increased its stake in iShares Select Dividend ETF by 33.3% during the 3rd quarter. JDM Financial Group LLC now owns 300 shares of the company’s stock valued at $41,000 after purchasing an additional 75 shares in the last quarter. Richardson Financial Services Inc. increased its stake in iShares Select Dividend ETF by 17.9% during the 4th quarter. Richardson Financial Services Inc. now owns 494 shares of the company’s stock valued at $65,000 after purchasing an additional 75 shares in the last quarter. Unionview LLC increased its stake in 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 purchasing an additional 83 shares in the last quarter. Ritholtz Wealth Management increased its stake in iShares Select Dividend ETF by 3.2% during the 4th quarter. Ritholtz Wealth Management now owns 2,764 shares of the company’s stock valued at $363,000 after purchasing an additional 86 shares in the last quarter. Finally, Apollon Financial LLC increased its stake in iShares Select Dividend ETF by 1.2% during the 4th quarter. Apollon Financial LLC now owns 7,713 shares of the company’s stock valued at $1,013,000 after purchasing an additional 90 shares in the last quarter. 46.08% of the stock is owned by hedge funds and other institutional investors.

iShares Select Dividend ETF Stock Performance

NASDAQ:DVY opened at $132.77 on Monday. The firm has a market cap of $19.74 billion, a P/E ratio of 15.96 and a beta of 0.87. iShares Select Dividend ETF has a fifty-two week low of $115.43 and a fifty-two week high of $144.09. The firm has a 50-day simple moving average of $134.60 and a two-hundred day simple moving average of $135.08.

iShares Select Dividend ETF Cuts Dividend

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

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.