iShares Select Dividend ETF (NASDAQ:DVY) Shares Sold by Ferguson Wellman Capital Management Inc.

Ferguson Wellman Capital Management Inc. reduced its stake in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 0.2% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 36,628 shares of the company’s stock after selling 86 shares during the period. Ferguson Wellman Capital Management Inc.’s holdings in iShares Select Dividend ETF were worth $4,809,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also modified their holdings of the company. International Assets Investment Management LLC increased its position in iShares Select Dividend ETF by 17,525.9% in the 3rd quarter. International Assets Investment Management LLC now owns 4,372,993 shares of the company’s stock valued at $590,660,000 after acquiring an additional 4,348,183 shares during the period. Miller Howard Investments Inc. NY raised its position in iShares Select Dividend ETF by 369.5% in the fourth quarter. Miller Howard Investments Inc. NY now owns 498,927 shares of the company’s stock worth $65,504,000 after acquiring an additional 392,667 shares in the last quarter. Gilman Hill Asset Management LLC lifted its stake 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 valued at $21,187,000 after purchasing an additional 150,892 shares during the last quarter. LPL Financial LLC lifted its position in shares of 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 valued at $197,989,000 after acquiring an additional 64,620 shares during the last quarter. Finally, Florin Court Capital LLP lifted its holdings 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 valued at $8,874,000 after purchasing an additional 35,800 shares during the last quarter. Institutional investors and hedge funds own 46.08% of the company’s stock.

iShares Select Dividend ETF Price Performance

iShares Select Dividend ETF stock opened at $134.10 on Monday. The firm’s 50 day simple moving average is $134.14 and its 200-day simple moving average is $133.93. iShares Select Dividend ETF has a fifty-two week low of $112.42 and a fifty-two week high of $144.09. The company has a market cap of $19.93 billion, a P/E ratio of 13.25 and a beta of 0.87.

iShares Select Dividend ETF Cuts Dividend

The firm also recently announced 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 of this dividend 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.