iShares Select Dividend ETF (NASDAQ:DVY) Holdings Lowered by Capital Advisors Ltd. LLC

Capital Advisors Ltd. LLC trimmed its stake in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 2.3% in the 4th quarter, HoldingsChannel reports. The firm owned 10,611 shares of the company’s stock after selling 255 shares during the quarter. Capital Advisors Ltd. LLC’s holdings in iShares Select Dividend ETF were worth $1,244,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of the stock. Halbert Hargrove Global Advisors LLC lifted its holdings in shares of iShares Select Dividend ETF by 2.1% during the fourth quarter. Halbert Hargrove Global Advisors LLC now owns 4,376 shares of the company’s stock valued at $513,000 after purchasing an additional 88 shares during the last quarter. JNBA Financial Advisors raised its position in iShares Select Dividend ETF by 26.6% during the third quarter. JNBA Financial Advisors now owns 448 shares of the company’s stock valued at $48,000 after buying an additional 94 shares during the period. Sunbelt Securities Inc. raised its position in iShares Select Dividend ETF by 0.6% during the third quarter. Sunbelt Securities Inc. now owns 16,069 shares of the company’s stock valued at $1,730,000 after buying an additional 96 shares during the period. Access Financial Services Inc. raised its position in iShares Select Dividend ETF by 0.5% during the fourth quarter. Access Financial Services Inc. now owns 19,382 shares of the company’s stock valued at $2,272,000 after buying an additional 96 shares during the period. Finally, Patriot Financial Group Insurance Agency LLC raised its position in iShares Select Dividend ETF by 3.9% during the fourth quarter. Patriot Financial Group Insurance Agency LLC now owns 2,540 shares of the company’s stock valued at $298,000 after buying an additional 96 shares during the period. 46.08% of the stock is owned by hedge funds and other institutional investors.

iShares Select Dividend ETF Stock Performance

NASDAQ:DVY traded up $0.70 during trading hours on Wednesday, hitting $120.92. 358,934 shares of the company’s stock traded hands, compared to its average volume of 578,476. The firm has a market cap of $18.42 billion, a P/E ratio of 12.98 and a beta of 0.87. iShares Select Dividend ETF has a twelve month low of $102.66 and a twelve month high of $123.43. The stock’s fifty day moving average price is $118.80 and its two-hundred day moving average price is $114.66.

iShares Select Dividend ETF Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, March 27th. Investors of record on Friday, March 22nd were given a dividend of $0.9976 per share. This represents a $3.99 annualized dividend and a yield of 3.30%. The ex-dividend date of this dividend was Thursday, March 21st.

iShares Select Dividend ETF 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.