iShares Select Dividend ETF (NASDAQ:DVY) Shares Sold by Arcus Capital Partners LLC

Arcus Capital Partners LLC cut its stake in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 12.6% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 135,195 shares of the company’s stock after selling 19,441 shares during the period. iShares Select Dividend ETF makes up 6.2% of Arcus Capital Partners LLC’s holdings, making the stock its 3rd biggest holding. Arcus Capital Partners LLC owned approximately 0.09% of iShares Select Dividend ETF worth $16,653,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also made changes to their positions in the company. International Assets Investment Management LLC grew its holdings in shares of iShares Select Dividend ETF by 17,525.9% in the third 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. LPL Financial LLC grew its holdings in shares of iShares Select Dividend ETF by 4.6% in the third quarter. LPL Financial LLC now owns 1,465,825 shares of the company’s stock valued at $197,989,000 after purchasing an additional 64,620 shares in the last quarter. JPMorgan Chase & Co. grew its holdings in shares of 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 valued at $186,510,000 after purchasing an additional 7,012 shares in the last quarter. Raymond James & Associates grew its holdings in shares of iShares Select Dividend ETF by 2.9% in the third quarter. Raymond James & Associates now owns 584,439 shares of the company’s stock valued at $78,940,000 after purchasing an additional 16,512 shares in the last quarter. Finally, Miller Howard Investments Inc. NY grew its holdings in shares of iShares Select Dividend ETF by 369.5% in the fourth quarter. Miller Howard Investments Inc. NY now owns 498,927 shares of the company’s stock valued at $65,504,000 after purchasing an additional 392,667 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 DVY stock opened at $135.74 on Friday. The stock has a market capitalization of $20.18 billion, a P/E ratio of 13.25 and a beta of 0.87. The company has a 50 day moving average price of $133.76 and a 200 day moving average price of $134.07. iShares Select Dividend ETF has a fifty-two week low of $113.19 and a fifty-two week 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 issued a $1.3164 dividend. The ex-dividend date 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.