Oxbow Advisors LLC Sells 433 Shares of iShares Select Dividend ETF (NASDAQ:DVY)

Oxbow Advisors LLC lowered its position in iShares Select Dividend ETF (NASDAQ:DVY) by 2.4% in the 4th quarter, HoldingsChannel.com reports. The fund owned 17,427 shares of the company’s stock after selling 433 shares during the quarter. Oxbow Advisors LLC’s holdings in iShares Select Dividend ETF were worth $2,288,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently modified their holdings of DVY. Miller Howard Investments Inc. NY lifted its position in iShares Select Dividend ETF by 369.5% during the fourth quarter. Miller Howard Investments Inc. NY now owns 498,927 shares of the company’s stock valued at $65,504,000 after purchasing an additional 392,667 shares in the last quarter. Private Advisor Group LLC lifted its position in iShares Select Dividend ETF by 94.0% during the fourth quarter. Private Advisor Group LLC now owns 384,003 shares of the company’s stock valued at $50,416,000 after purchasing an additional 186,055 shares in the last quarter. Gilman Hill Asset Management LLC lifted 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 valued at $21,187,000 after purchasing an additional 150,892 shares in the last quarter. LPL Financial LLC lifted its position in iShares Select Dividend ETF by 4.6% during 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 in the last quarter. Finally, Truist Financial Corp lifted its position in iShares Select Dividend ETF by 3.9% during the fourth quarter. Truist Financial Corp now owns 1,195,080 shares of the company’s stock valued at $156,902,000 after purchasing an additional 44,508 shares in the last quarter. Institutional investors own 46.08% of the company’s stock.

iShares Select Dividend ETF Stock Performance

NASDAQ DVY opened at $136.69 on Friday. The company has a market capitalization of $20.32 billion, a PE ratio of 13.25 and a beta of 0.87. The business’s fifty day moving average is $133.51 and its 200 day moving average is $134.33. iShares Select Dividend ETF has a fifty-two week low of $115.02 and a fifty-two week high of $144.09.

iShares Select Dividend ETF Cuts Dividend

The firm also recently disclosed 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.

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.