Sterling Investment Advisors Ltd. Cuts Stock Position in iShares Select Dividend ETF (NASDAQ:DVY)

Sterling Investment Advisors Ltd. lowered its position in iShares Select Dividend ETF (NASDAQ:DVY) by 0.8% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 66,068 shares of the company’s stock after selling 565 shares during the period. iShares Select Dividend ETF makes up about 2.1% of Sterling Investment Advisors Ltd.’s portfolio, making the stock its 11th largest position. Sterling Investment Advisors Ltd.’s holdings in iShares Select Dividend ETF were worth $8,674,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. JPMorgan Chase & Co. grew its position in iShares Select Dividend ETF by 0.5% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,380,841 shares of the company’s stock worth $186,510,000 after purchasing an additional 7,012 shares during the last quarter. ORG Partners LLC grew its position in iShares Select Dividend ETF by 331.9% during the 4th quarter. ORG Partners LLC now owns 488 shares of the company’s stock worth $64,000 after purchasing an additional 375 shares during the last quarter. Regatta Capital Group LLC grew its position in iShares Select Dividend ETF by 6.7% during the 4th quarter. Regatta Capital Group LLC now owns 3,965 shares of the company’s stock worth $521,000 after purchasing an additional 250 shares during the last quarter. Fulton Bank N.A. grew its position in iShares Select Dividend ETF by 20.4% during the 4th quarter. Fulton Bank N.A. now owns 26,935 shares of the company’s stock worth $3,536,000 after purchasing an additional 4,568 shares during the last quarter. Finally, Fidelis Capital Partners LLC grew its position in iShares Select Dividend ETF by 2.6% during the 3rd quarter. Fidelis Capital Partners LLC now owns 12,963 shares of the company’s stock worth $1,756,000 after purchasing an additional 325 shares during the last quarter. Hedge funds and other institutional investors own 46.08% of the company’s stock.

iShares Select Dividend ETF Trading Up 0.2 %

Shares of NASDAQ DVY opened at $136.98 on Tuesday. iShares Select Dividend ETF has a 12 month low of $115.02 and a 12 month high of $144.09. The company has a 50 day simple moving average of $133.52 and a two-hundred day simple moving average of $134.63. The stock has a market cap of $20.36 billion, a price-to-earnings ratio of 13.25 and a beta of 0.87.

iShares Select Dividend ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Friday, December 20th. Shareholders of record on Tuesday, December 17th were paid a dividend of $1.3164 per share. 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.