iShares Select Dividend ETF (NASDAQ:DVY) Shares Sold by Flagship Harbor Advisors LLC

Flagship Harbor Advisors LLC reduced its stake in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 0.9% during the 4th quarter, HoldingsChannel reports. The firm owned 14,842 shares of the company’s stock after selling 142 shares during the quarter. Flagship Harbor Advisors LLC’s holdings in iShares Select Dividend ETF were worth $1,949,000 at the end of the most recent reporting period.

A number of other large investors have also made changes to their positions in the stock. Thurston Springer Miller Herd & Titak Inc. boosted its stake in iShares Select Dividend ETF by 340.9% during the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 194 shares of the company’s stock worth $25,000 after buying an additional 150 shares during the last quarter. ORG Wealth Partners LLC acquired a new position in shares of iShares Select Dividend ETF during the 3rd quarter valued at about $36,000. JDM Financial Group LLC boosted its position in shares of iShares Select Dividend ETF by 33.3% during the 3rd quarter. JDM Financial Group LLC now owns 300 shares of the company’s stock valued at $41,000 after acquiring an additional 75 shares during the last quarter. M&R Capital Management Inc. grew its holdings in shares of iShares Select Dividend ETF by 1,455.0% in the third quarter. M&R Capital Management Inc. now owns 311 shares of the company’s stock valued at $42,000 after purchasing an additional 291 shares during the period. Finally, ORG Partners LLC increased its position in iShares Select Dividend ETF by 331.9% during the fourth quarter. ORG Partners LLC now owns 488 shares of the company’s stock worth $64,000 after purchasing an additional 375 shares during the last quarter. 46.08% of the stock is currently owned by hedge funds and other institutional investors.

iShares Select Dividend ETF Price Performance

Shares of DVY stock opened at $135.10 on Monday. The firm’s 50-day moving average is $135.50 and its two-hundred day moving average is $133.32. iShares Select Dividend ETF has a 12 month low of $112.42 and a 12 month high of $144.09. The company has a market capitalization of $20.24 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. Investors of record on Tuesday, December 17th were issued a $1.3164 dividend. 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.