SPC Financial Inc. Sells 1,337 Shares of iShares Select Dividend ETF (NASDAQ:DVY)

SPC Financial Inc. trimmed its holdings in iShares Select Dividend ETF (NASDAQ:DVY) by 3.1% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 42,252 shares of the company’s stock after selling 1,337 shares during the period. SPC Financial Inc.’s holdings in iShares Select Dividend ETF were worth $5,547,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently made changes to their positions in the company. Thurston Springer Miller Herd & Titak Inc. lifted its position in shares of iShares Select Dividend ETF by 340.9% during the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 194 shares of the company’s stock valued at $25,000 after purchasing an additional 150 shares in the last quarter. Creative Capital Management Investments LLC bought a new position in shares of iShares Select Dividend ETF during the fourth quarter valued at about $33,000. Roxbury Financial LLC bought a new position in shares of iShares Select Dividend ETF during the fourth quarter valued at about $38,000. JDM Financial Group LLC lifted its position in shares of iShares Select Dividend ETF by 33.3% during the third quarter. JDM Financial Group LLC now owns 300 shares of the company’s stock valued at $41,000 after purchasing an additional 75 shares in the last quarter. Finally, Weaver Capital Management LLC bought a new position in shares of iShares Select Dividend ETF during the fourth quarter valued at about $43,000. 46.08% of the stock is owned by institutional investors.

iShares Select Dividend ETF Price Performance

DVY opened at $133.72 on Wednesday. The company’s 50-day moving average is $134.14 and its 200 day moving average is $135.02. iShares Select Dividend ETF has a fifty-two week low of $115.43 and a fifty-two week high of $144.09. The firm has a market capitalization of $19.88 billion, a P/E ratio of 16.35 and a beta of 0.87.

iShares Select Dividend ETF Cuts Dividend

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