KFG Wealth Management LLC Sells 271 Shares of iShares Select Dividend ETF (NASDAQ:DVY)

KFG Wealth Management LLC lessened its stake in iShares Select Dividend ETF (NASDAQ:DVY) by 5.0% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 5,106 shares of the company’s stock after selling 271 shares during the period. KFG Wealth Management LLC’s holdings in iShares Select Dividend ETF were worth $599,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Tyler Stone Wealth Management bought a new stake in shares of iShares Select Dividend ETF during the 2nd quarter valued at $28,000. Almanack Investment Partners LLC. acquired a new position in shares of iShares Select Dividend ETF in the 3rd quarter valued at $35,000. Financial Freedom LLC acquired a new position in shares of iShares Select Dividend ETF in the 4th quarter valued at $45,000. JNBA Financial Advisors grew its holdings in shares of iShares Select Dividend ETF by 26.6% in the 3rd quarter. JNBA Financial Advisors now owns 448 shares of the company’s stock valued at $48,000 after buying an additional 94 shares during the period. Finally, Fortitude Family Office LLC acquired a new position in shares of iShares Select Dividend ETF in the 4th quarter valued at $57,000. Institutional investors own 46.08% of the company’s stock.

iShares Select Dividend ETF Trading Up 1.6 %

Shares of DVY stock traded up $1.82 on Friday, hitting $118.70. The stock had a trading volume of 565,524 shares, compared to its average volume of 580,696. iShares Select Dividend ETF has a twelve month low of $102.66 and a twelve month high of $123.43. The firm has a market cap of $18.08 billion, a P/E ratio of 12.98 and a beta of 0.75. The company has a fifty day moving average price of $118.49 and a two-hundred day moving average price of $114.22.

iShares Select Dividend ETF Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, March 27th. Investors of record on Friday, March 22nd were paid a $0.9976 dividend. This represents a $3.99 dividend on an annualized basis and a yield of 3.36%. The ex-dividend date of this dividend was Thursday, March 21st.

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.