Sabal Trust CO Trims Stock Holdings in iShares Select Dividend ETF (NASDAQ:DVY)

Sabal Trust CO lowered its position in iShares Select Dividend ETF (NASDAQ:DVY) by 4.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 3,015 shares of the company’s stock after selling 130 shares during the quarter. Sabal Trust CO’s holdings in iShares Select Dividend ETF were worth $396,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. LGL Partners LLC lifted its stake in iShares Select Dividend ETF by 0.9% in the fourth quarter. LGL Partners LLC now owns 32,445 shares of the company’s stock valued at $4,260,000 after buying an additional 294 shares during the last quarter. Weinberger Asset Management Inc lifted its stake in iShares Select Dividend ETF by 1.0% in the fourth quarter. Weinberger Asset Management Inc now owns 18,086 shares of the company’s stock valued at $2,374,000 after buying an additional 185 shares during the last quarter. Bank of New York Mellon Corp lifted its stake in iShares Select Dividend ETF by 0.7% in the fourth quarter. Bank of New York Mellon Corp now owns 1,881,782 shares of the company’s stock valued at $247,059,000 after buying an additional 13,228 shares during the last quarter. BankPlus Trust Department purchased a new stake in iShares Select Dividend ETF in the fourth quarter valued at approximately $182,000. Finally, Edge Capital Group LLC lifted its stake in iShares Select Dividend ETF by 22.6% in the fourth quarter. Edge Capital Group LLC now owns 16,313 shares of the company’s stock valued at $2,142,000 after buying an additional 3,008 shares during the last quarter. Hedge funds and other institutional investors own 46.08% of the company’s stock.

iShares Select Dividend ETF Trading Down 0.2 %

Shares of NASDAQ DVY opened at $136.78 on Thursday. The stock has a market cap of $20.33 billion, a P/E ratio of 13.25 and a beta of 0.87. The stock has a 50 day moving average of $133.73 and a two-hundred day moving average of $134.72. iShares Select Dividend ETF has a twelve month low of $115.43 and a twelve month high of $144.09.

iShares Select Dividend ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Friday, December 20th. Stockholders of record on Tuesday, December 17th were issued a $1.3164 dividend. The ex-dividend date of this dividend 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.