Beaumont Financial Advisors LLC Cuts Stock Position in iShares Select Dividend ETF $DVY

Beaumont Financial Advisors LLC decreased its holdings in iShares Select Dividend ETF (NASDAQ:DVY) by 6.5% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 56,680 shares of the company’s stock after selling 3,968 shares during the quarter. Beaumont Financial Advisors LLC’s holdings in iShares Select Dividend ETF were worth $8,000,000 as of its most recent SEC filing.

A number of other hedge funds have also bought and sold shares of DVY. Worth Financial Advisory Group LLC lifted its position in iShares Select Dividend ETF by 4.3% during the fourth quarter. Worth Financial Advisory Group LLC now owns 3,863 shares of the company’s stock valued at $545,000 after purchasing an additional 161 shares during the period. Ellsworth Advisors LLC boosted its position in iShares Select Dividend ETF by 18.8% during the fourth quarter. Ellsworth Advisors LLC now owns 4,750 shares of the company’s stock worth $702,000 after acquiring an additional 750 shares during the last quarter. Trust Co. of Vermont lifted its position in iShares Select Dividend ETF by 8.6% during the fourth quarter. Trust Co. of Vermont now owns 5,405 shares of the company’s stock worth $763,000 after buying an additional 430 shares in the last quarter. Oldfather Financial Services LLC increased its stake in shares of iShares Select Dividend ETF by 14.9% in the 4th quarter. Oldfather Financial Services LLC now owns 1,631 shares of the company’s stock worth $230,000 after acquiring an additional 211 shares during the last quarter. Finally, Kwmg LLC raised its holdings in shares of iShares Select Dividend ETF by 3.0% during the 4th quarter. Kwmg LLC now owns 105,927 shares of the company’s stock worth $14,951,000 after acquiring an additional 3,047 shares during the period. Institutional investors and hedge funds own 46.08% of the company’s stock.

iShares Select Dividend ETF Price Performance

Shares of DVY stock opened at $151.66 on Friday. iShares Select Dividend ETF has a 12 month low of $115.94 and a 12 month high of $160.38. The company has a market capitalization of $22.32 billion, a PE ratio of 13.69 and a beta of 0.77. The firm’s 50-day moving average is $152.63 and its two-hundred day moving average is $145.66.

iShares Select Dividend ETF Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, March 20th. Shareholders of record on Tuesday, March 17th were given a $1.1493 dividend. This represents a $4.60 annualized dividend and a yield of 3.0%. The ex-dividend date of this dividend was Tuesday, March 17th.

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. The Index consists of 100 of the highest dividend-yielding securities (excluding real estate investment trusts (REITs) in the Dow Jones U.S.