Flagship Harbor Advisors LLC Trims Stock Position in iShares Select Dividend ETF (NASDAQ:DVY)

Flagship Harbor Advisors LLC decreased its stake in iShares Select Dividend ETF (NASDAQ:DVY) by 0.9% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund 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 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. International Assets Investment Management LLC raised its stake in shares of 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 worth $590,660,000 after buying an additional 4,348,183 shares during the period. Gilman Hill Asset Management LLC raised its position in 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 worth $21,187,000 after acquiring an additional 150,892 shares during the period. LPL Financial LLC grew its position 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 during the period. Sanctuary Advisors LLC acquired a new stake in shares of iShares Select Dividend ETF in the second quarter valued at about $5,769,000. Finally, Florin Court Capital LLP increased its stake in shares of iShares Select Dividend ETF by 119.7% during the third quarter. Florin Court Capital LLP now owns 65,700 shares of the company’s stock worth $8,874,000 after purchasing an additional 35,800 shares in the last quarter. 46.08% of the stock is owned by institutional investors and hedge funds.

iShares Select Dividend ETF Trading Up 0.6 %

Shares of iShares Select Dividend ETF stock opened at $135.10 on Monday. iShares Select Dividend ETF has a twelve month low of $112.42 and a twelve month high of $144.09. The firm’s 50-day moving average price is $135.50 and its 200 day moving average price is $133.32. The firm 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 company also recently declared a dividend, which was paid on Friday, December 20th. Stockholders of record on Tuesday, December 17th were paid a $1.3164 dividend. The ex-dividend date was Tuesday, December 17th.

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.