C2C Wealth Management LLC Lowers Holdings in iShares Select Dividend ETF (NASDAQ:DVY)

C2C Wealth Management LLC decreased its holdings in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 12.2% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 2,150 shares of the company’s stock after selling 300 shares during the quarter. C2C Wealth Management LLC’s holdings in iShares Select Dividend ETF were worth $282,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in DVY. JDM Financial Group LLC increased its holdings in iShares Select Dividend ETF by 33.3% in 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 during the last quarter. Richardson Financial Services Inc. boosted its position in shares of iShares Select Dividend ETF by 17.9% during 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 grew its stake in shares of iShares Select Dividend ETF by 0.7% in the fourth 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 raised 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 buying an additional 86 shares during the period. Finally, Apollon Financial LLC lifted 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 worth $1,013,000 after acquiring an additional 90 shares in the last quarter. Hedge funds and other institutional investors own 46.08% of the company’s stock.

iShares Select Dividend ETF Price Performance

NASDAQ DVY opened at $132.74 on Friday. The company has a market cap of $19.73 billion, a P/E ratio of 15.96 and a beta of 0.87. The stock has a 50-day moving average of $134.70 and a two-hundred day moving average of $135.11. 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 firm also recently announced a dividend, which was paid on Friday, March 21st. Investors of record on Tuesday, March 18th were paid a dividend of $1.0495 per share. 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.