iShares Select Dividend ETF (NASDAQ:DVY) Shares Sold by Cibc World Market Inc.

Cibc World Market Inc. cut its holdings in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 1.5% during the 4th quarter, Holdings Channel.com reports. The firm owned 246,049 shares of the company’s stock after selling 3,782 shares during the quarter. Cibc World Market Inc.’s holdings in iShares Select Dividend ETF were worth $32,304,000 as of its most recent SEC filing.

A number of other institutional investors also recently made changes to their positions in DVY. Thurston Springer Miller Herd & Titak Inc. grew its stake in iShares Select Dividend ETF by 340.9% in the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 194 shares of the company’s stock worth $25,000 after purchasing an additional 150 shares in the last quarter. ORG Wealth Partners LLC bought a new position in iShares Select Dividend ETF during the 3rd quarter worth approximately $36,000. JDM Financial Group LLC grew its position in shares of iShares Select Dividend ETF by 33.3% in the 3rd quarter. JDM Financial Group LLC now owns 300 shares of the company’s stock worth $41,000 after acquiring an additional 75 shares in the last quarter. ORG Partners LLC increased its holdings in shares of iShares Select Dividend ETF by 331.9% in the 4th quarter. ORG Partners LLC now owns 488 shares of the company’s stock valued at $64,000 after acquiring an additional 375 shares during the last quarter. Finally, Armstrong Advisory Group Inc. raised its position in shares of iShares Select Dividend ETF by 205.3% during the 4th quarter. Armstrong Advisory Group Inc. now owns 516 shares of the company’s stock valued at $68,000 after acquiring an additional 347 shares in the last quarter. 46.08% of the stock is owned by institutional investors and hedge funds.

iShares Select Dividend ETF Price Performance

Shares of DVY opened at $134.75 on Friday. The stock has a market capitalization of $20.17 billion, a PE ratio of 13.25 and a beta of 0.87. The business’s fifty day moving average price is $135.17 and its 200 day moving average price is $133.58. iShares Select Dividend ETF has a 12-month low of $112.42 and a 12-month high of $144.09.

iShares Select Dividend ETF Cuts Dividend

The firm also recently declared 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.