Neumann Capital Management LLC Sells 219 Shares of iShares Select Dividend ETF (NASDAQ:DVY)

Neumann Capital Management LLC cut its stake in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 5.4% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 3,819 shares of the company’s stock after selling 219 shares during the quarter. Neumann Capital Management LLC’s holdings in iShares Select Dividend ETF were worth $501,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in DVY. NewEdge Advisors LLC grew its holdings in iShares Select Dividend ETF by 5.6% during the 2nd quarter. NewEdge Advisors LLC now owns 75,747 shares of the company’s stock worth $9,164,000 after acquiring an additional 4,031 shares during the last quarter. JPMorgan Chase & Co. increased its holdings in iShares Select Dividend ETF by 0.5% in the third quarter. JPMorgan Chase & Co. now owns 1,380,841 shares of the company’s stock worth $186,510,000 after purchasing an additional 7,012 shares in the last quarter. Sequoia Financial Advisors LLC boosted its position in shares of iShares Select Dividend ETF by 2.2% during the 3rd quarter. Sequoia Financial Advisors LLC now owns 47,836 shares of the company’s stock worth $6,461,000 after purchasing an additional 1,041 shares in the last quarter. Global Retirement Partners LLC grew its stake in shares of iShares Select Dividend ETF by 12.0% in the 3rd quarter. Global Retirement Partners LLC now owns 4,232 shares of the company’s stock valued at $572,000 after buying an additional 455 shares during the period. Finally, ORG Partners LLC increased its position in iShares Select Dividend ETF by 331.9% in the 4th quarter. ORG Partners LLC now owns 488 shares of the company’s stock valued at $64,000 after buying an additional 375 shares in the last quarter. 46.08% of the stock is currently owned by institutional investors and hedge funds.

iShares Select Dividend ETF Stock Performance

Shares of iShares Select Dividend ETF stock opened at $134.31 on Friday. iShares Select Dividend ETF has a 52 week low of $112.42 and a 52 week high of $144.09. The stock has a 50 day moving average price of $135.63 and a two-hundred day moving average price of $133.12. The stock has a market capitalization of $20.39 billion, a PE ratio of 13.25 and a beta of 0.87.

iShares Select Dividend ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Friday, December 20th. Shareholders of record on Tuesday, December 17th were issued a dividend of $1.3164 per share. The ex-dividend date of this dividend was Tuesday, December 17th.

About iShares Select Dividend ETF

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.