Country Club Bank Decreases Stock Position in iShares Select Dividend ETF (NASDAQ:DVY)

Country Club Bank decreased its holdings in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 3.4% during the fourth quarter, Holdings Channel.com reports. The fund owned 7,901 shares of the company’s stock after selling 280 shares during the period. Country Club Bank’s holdings in iShares Select Dividend ETF were worth $1,034,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of DVY. Thurston Springer Miller Herd & Titak Inc. lifted its position in iShares Select Dividend ETF by 340.9% during the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 194 shares of the company’s stock worth $25,000 after acquiring an additional 150 shares during the period. ORG Wealth Partners LLC purchased a new position in shares of iShares Select Dividend ETF in the third quarter worth about $36,000. JDM Financial Group LLC lifted its holdings in shares of iShares Select Dividend ETF by 33.3% during the third quarter. JDM Financial Group LLC now owns 300 shares of the company’s stock worth $41,000 after purchasing an additional 75 shares during the period. Weaver Capital Management LLC purchased a new stake in iShares Select Dividend ETF in the fourth quarter valued at approximately $43,000. Finally, Financial Life Planners acquired a new position in iShares Select Dividend ETF in the 4th quarter worth approximately $58,000. Institutional investors and hedge funds own 46.08% of the company’s stock.

iShares Select Dividend ETF Trading Up 0.3 %

DVY opened at $134.63 on Thursday. iShares Select Dividend ETF has a 12-month low of $112.42 and a 12-month high of $144.09. The firm has a 50 day moving average of $134.66 and a two-hundred day moving average of $133.83. The firm has a market capitalization of $20.04 billion, a PE ratio of 13.25 and a beta of 0.87.

iShares Select Dividend ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Friday, December 20th. Investors 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.

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.