Embree Financial Group Cuts Position in iShares Select Dividend ETF (NASDAQ:DVY)

Embree Financial Group trimmed its holdings in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 1.4% in the 4th quarter, Holdings Channel.com reports. The firm owned 8,578 shares of the company’s stock after selling 119 shares during the period. Embree Financial Group’s holdings in iShares Select Dividend ETF were worth $1,126,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in the business. International Assets Investment Management LLC increased its stake in iShares Select Dividend ETF by 17,525.9% during the 3rd quarter. International Assets Investment Management LLC now owns 4,372,993 shares of the company’s stock valued at $590,660,000 after purchasing an additional 4,348,183 shares in the last quarter. Gilman Hill Asset Management LLC grew its holdings in shares of iShares Select Dividend ETF by 1,439.1% during the fourth quarter. Gilman Hill Asset Management LLC now owns 161,377 shares of the company’s stock valued at $21,187,000 after buying an additional 150,892 shares during the last quarter. LPL Financial LLC increased its position in shares of iShares Select Dividend ETF by 4.6% during the third quarter. LPL Financial LLC now owns 1,465,825 shares of the company’s stock valued at $197,989,000 after acquiring an additional 64,620 shares in the last quarter. Sanctuary Advisors LLC purchased a new position in iShares Select Dividend ETF in the 2nd quarter worth approximately $5,769,000. Finally, Florin Court Capital LLP raised its holdings in iShares Select Dividend ETF by 119.7% in the 3rd quarter. Florin Court Capital LLP now owns 65,700 shares of the company’s stock worth $8,874,000 after acquiring an additional 35,800 shares during the last quarter. 46.08% of the stock is currently owned by hedge funds and other institutional investors.

iShares Select Dividend ETF Trading Up 0.6 %

Shares of DVY opened at $135.10 on Friday. The company has a market cap of $20.24 billion, a price-to-earnings ratio of 13.25 and a beta of 0.87. The business’s fifty day simple moving average is $135.50 and its two-hundred day simple moving average is $133.23. iShares Select Dividend ETF has a 12 month low of $112.42 and a 12 month high of $144.09.

iShares Select Dividend ETF Cuts Dividend

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