Blue Trust Inc. Reduces Position in iShares Select Dividend ETF (NASDAQ:DVY)

Blue Trust Inc. lowered its holdings in iShares Select Dividend ETF (NASDAQ:DVY) by 12.4% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 1,372 shares of the company’s stock after selling 195 shares during the period. Blue Trust Inc.’s holdings in iShares Select Dividend ETF were worth $185,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. International Assets Investment Management LLC grew its stake in 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 worth $590,660,000 after purchasing an additional 4,348,183 shares in the last quarter. Gilman Hill Asset Management LLC lifted its holdings in iShares Select Dividend ETF by 1,439.1% during the 4th quarter. Gilman Hill Asset Management LLC now owns 161,377 shares of the company’s stock worth $21,187,000 after buying an additional 150,892 shares during the last quarter. LPL Financial LLC lifted its holdings in iShares Select Dividend ETF by 4.6% during the 3rd quarter. LPL Financial LLC now owns 1,465,825 shares of the company’s stock worth $197,989,000 after buying an additional 64,620 shares during the last quarter. 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 worth $8,874,000 after acquiring an additional 35,800 shares in the last quarter. Finally, CX Institutional bought a new stake in shares of iShares Select Dividend ETF in the 3rd quarter valued at approximately $3,719,000. Hedge funds and other institutional investors own 46.08% of the company’s stock.

iShares Select Dividend ETF Price Performance

Shares of DVY opened at $134.20 on Wednesday. The stock has a market capitalization of $19.98 billion, a PE ratio of 13.25 and a beta of 0.87. The business’s fifty day moving average price is $134.84 and its 200 day moving average price is $133.78. iShares Select Dividend ETF has a 12-month low of $112.42 and a 12-month high of $144.09.

iShares Select Dividend ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Friday, December 20th. Stockholders of record on Tuesday, December 17th were given 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.