iShares International Select Dividend ETF $IDV Shares Sold by Parallel Advisors LLC

Parallel Advisors LLC reduced its stake in shares of iShares International Select Dividend ETF (BATS:IDV) by 13.3% during the 1st quarter, HoldingsChannel reports. The fund owned 476,166 shares of the company’s stock after selling 73,121 shares during the period. Parallel Advisors LLC’s holdings in iShares International Select Dividend ETF were worth $20,266,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of the stock. Meritage Portfolio Management grew its holdings in iShares International Select Dividend ETF by 4.6% in the fourth quarter. Meritage Portfolio Management now owns 12,923 shares of the company’s stock valued at $510,000 after purchasing an additional 573 shares during the period. Colonial Trust Advisors raised its stake in iShares International Select Dividend ETF by 43.9% during the fourth quarter. Colonial Trust Advisors now owns 1,900 shares of the company’s stock worth $75,000 after purchasing an additional 580 shares during the period. Vicus Capital boosted its holdings in shares of iShares International Select Dividend ETF by 2.1% in the 1st quarter. Vicus Capital now owns 31,590 shares of the company’s stock valued at $1,344,000 after purchasing an additional 664 shares during the last quarter. CoreCap Advisors LLC boosted its holdings in shares of iShares International Select Dividend ETF by 62.2% in the 4th quarter. CoreCap Advisors LLC now owns 2,219 shares of the company’s stock valued at $88,000 after purchasing an additional 851 shares during the last quarter. Finally, Strive Financial Group LLC purchased a new stake in shares of iShares International Select Dividend ETF during the 4th quarter valued at $37,000.

iShares International Select Dividend ETF Price Performance

IDV stock opened at $43.01 on Monday. The company has a market cap of $6.64 billion, a price-to-earnings ratio of 10.09 and a beta of 0.76. The business has a fifty day simple moving average of $43.33 and a 200-day simple moving average of $42.76. iShares International Select Dividend ETF has a 52 week low of $34.67 and a 52 week high of $45.49.

iShares International Select Dividend ETF Profile

iShares International Select Dividend ETF, formerly iShares Dow Jones International Select Dividend Index Fund, seeks investment results that correspond to the price and yield performance of the Dow Jones EPAC 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 World Developed-Ex.