Capital Investment Advisors LLC Has $16.55 Million Stock Position in iShares Select Dividend ETF (NASDAQ:DVY)

Capital Investment Advisors LLC trimmed its position in iShares Select Dividend ETF (NASDAQ:DVY) by 1.2% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 126,066 shares of the company’s stock after selling 1,548 shares during the quarter. Capital Investment Advisors LLC owned 0.08% of iShares Select Dividend ETF worth $16,551,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. International Assets Investment Management LLC increased its stake 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 buying an additional 4,348,183 shares during the period. LPL Financial LLC grew its stake 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 worth $197,989,000 after purchasing an additional 64,620 shares during the last quarter. Sanctuary Advisors LLC bought a new position in iShares Select Dividend ETF during the 2nd quarter worth $5,769,000. Florin Court Capital LLP grew its position in shares of iShares Select Dividend ETF by 119.7% in the 3rd quarter. Florin Court Capital LLP now owns 65,700 shares of the company’s stock valued at $8,874,000 after buying an additional 35,800 shares during the last quarter. Finally, Granite FO LLC acquired a new position in shares of iShares Select Dividend ETF in the second quarter worth approximately $3,774,000. 46.08% of the stock is currently owned by institutional investors and hedge funds.

iShares Select Dividend ETF Price Performance

Shares of DVY traded down $0.15 during trading hours on Monday, hitting $128.43. 155,004 shares of the stock were exchanged, compared to its average volume of 477,211. The firm has a market capitalization of $19.55 billion, a P/E ratio of 13.25 and a beta of 0.87. The business has a 50-day moving average of $136.25 and a 200-day moving average of $132.48. iShares Select Dividend ETF has a fifty-two week low of $112.42 and a fifty-two week high of $144.09.

iShares Select Dividend ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Friday, December 20th. Shareholders of record on Tuesday, December 17th were paid a $1.3164 dividend. The ex-dividend date of this dividend 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.