Cahaba Wealth Management Inc. Cuts Holdings in iShares Select Dividend ETF (DVY)

Cahaba Wealth Management Inc. lowered its stake in iShares Select Dividend ETF (NASDAQ:DVY) by 5.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 6,661 shares of the company’s stock after selling 356 shares during the quarter. Cahaba Wealth Management Inc.’s holdings in iShares Select Dividend ETF were worth $594,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. Fulton Bank N.A. lifted its stake in iShares Select Dividend ETF by 0.9% in the fourth quarter. Fulton Bank N.A. now owns 24,042 shares of the company’s stock valued at $2,147,000 after buying an additional 225 shares in the last quarter. Silverleafe Capital Partners LLC lifted its stake in iShares Select Dividend ETF by 15.7% in the fourth quarter. Silverleafe Capital Partners LLC now owns 3,543 shares of the company’s stock valued at $316,000 after buying an additional 482 shares in the last quarter. CENTRAL TRUST Co lifted its stake in iShares Select Dividend ETF by 6.8% in the fourth quarter. CENTRAL TRUST Co now owns 7,953 shares of the company’s stock valued at $710,000 after buying an additional 506 shares in the last quarter. Noven Financial Group Inc. lifted its stake in iShares Select Dividend ETF by 1.9% in the third quarter. Noven Financial Group Inc. now owns 27,691 shares of the company’s stock valued at $2,762,000 after buying an additional 523 shares in the last quarter. Finally, Financial Counselors Inc. lifted its stake in iShares Select Dividend ETF by 3.7% in the third quarter. Financial Counselors Inc. now owns 15,369 shares of the company’s stock valued at $1,533,000 after buying an additional 550 shares in the last quarter.

Shares of DVY stock traded down $0.91 during trading on Monday, reaching $91.48. The company’s stock had a trading volume of 1,169,170 shares, compared to its average volume of 1,354,317. iShares Select Dividend ETF has a one year low of $84.62 and a one year high of $102.54.

The firm also recently disclosed a quarterly dividend, which was paid on Friday, December 21st. Stockholders of record on Tuesday, December 18th were given a $0.7547 dividend. This represents a $3.02 dividend on an annualized basis and a dividend yield of 3.30%. The ex-dividend date of this dividend was Monday, December 17th.

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About iShares Select Dividend ETF

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.

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Institutional Ownership by Quarter for iShares Select Dividend ETF (NASDAQ:DVY)

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