Florin Court Capital LLP Trims Stake in iShares Select Dividend ETF (NASDAQ:DVY)

Florin Court Capital LLP cut its stake in iShares Select Dividend ETF (NASDAQ:DVY) by 2.9% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 63,800 shares of the company’s stock after selling 1,900 shares during the period. iShares Select Dividend ETF accounts for 8.7% of Florin Court Capital LLP’s investment portfolio, making the stock its 3rd largest holding. Florin Court Capital LLP’s holdings in iShares Select Dividend ETF were worth $8,376,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also added to or reduced their stakes in the stock. Banque Cantonale Vaudoise boosted its holdings in shares of iShares Select Dividend ETF by 10.1% during the 3rd quarter. Banque Cantonale Vaudoise now owns 798 shares of the company’s stock worth $108,000 after buying an additional 73 shares in the last quarter. JDM Financial Group LLC boosted its holdings in shares of iShares Select Dividend ETF by 33.3% during the 3rd quarter. JDM Financial Group LLC now owns 300 shares of the company’s stock worth $41,000 after buying an additional 75 shares in the last quarter. Richardson Financial Services Inc. boosted its holdings in shares of iShares Select Dividend ETF by 17.9% during the 4th quarter. Richardson Financial Services Inc. now owns 494 shares of the company’s stock worth $65,000 after buying an additional 75 shares in the last quarter. Unionview LLC boosted its holdings in shares of iShares Select Dividend ETF by 0.7% during the 3rd quarter. Unionview LLC now owns 11,151 shares of the company’s stock worth $1,506,000 after buying an additional 76 shares in the last quarter. Finally, CMG Global Holdings LLC lifted its holdings in shares of iShares Select Dividend ETF by 0.5% in the 3rd quarter. CMG Global Holdings LLC now owns 17,284 shares of the company’s stock worth $2,335,000 after purchasing an additional 80 shares in the last quarter. 46.08% of the stock is currently owned by institutional investors.

iShares Select Dividend ETF Stock Down 0.3 %

Shares of DVY opened at $137.31 on Friday. iShares Select Dividend ETF has a 12-month low of $115.02 and a 12-month high of $144.09. The business’s fifty day moving average is $133.50 and its 200 day moving average is $134.31. The stock has a market cap of $20.41 billion, a P/E ratio of 13.25 and a beta of 0.87.

iShares Select Dividend ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Friday, December 20th. Investors of record on Tuesday, December 17th were issued 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.