Roman Butler Fullerton & Co. Trims Stake in iShares Select Dividend ETF (NASDAQ:DVY)

Roman Butler Fullerton & Co. lessened its holdings in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 1.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 7,047 shares of the company’s stock after selling 93 shares during the quarter. Roman Butler Fullerton & Co.’s holdings in iShares Select Dividend ETF were worth $822,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also modified their holdings of the business. Signaturefd LLC increased its holdings in iShares Select Dividend ETF by 30.0% in the 3rd quarter. Signaturefd LLC now owns 1,864 shares of the company’s stock worth $201,000 after acquiring an additional 430 shares in the last quarter. TIAA Trust National Association increased its stake in shares of iShares Select Dividend ETF by 4.7% in the fourth quarter. TIAA Trust National Association now owns 9,725 shares of the company’s stock worth $1,140,000 after purchasing an additional 437 shares in the last quarter. JFS Wealth Advisors LLC raised its position in shares of iShares Select Dividend ETF by 14.2% during the 3rd quarter. JFS Wealth Advisors LLC now owns 24,829 shares of the company’s stock valued at $2,673,000 after purchasing an additional 3,078 shares during the period. Park Place Capital Corp lifted its stake in shares of iShares Select Dividend ETF by 1.6% during the 4th quarter. Park Place Capital Corp now owns 8,397 shares of the company’s stock valued at $984,000 after buying an additional 129 shares in the last quarter. Finally, Ledge Wealth Management Inc. purchased a new position in shares of iShares Select Dividend ETF during the 4th quarter valued at $202,000. Hedge funds and other institutional investors own 46.08% of the company’s stock.

iShares Select Dividend ETF Stock Up 0.4 %

DVY stock traded up $0.48 during trading on Thursday, reaching $116.83. The company’s stock had a trading volume of 89,132 shares, compared to its average volume of 576,432. The company’s fifty day moving average is $118.43 and its 200-day moving average is $114.20. iShares Select Dividend ETF has a 1 year low of $102.66 and a 1 year high of $123.43. The company has a market capitalization of $17.92 billion, a P/E ratio of 11.69 and a beta of 0.87.

iShares Select Dividend ETF Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, March 27th. Investors of record on Friday, March 22nd were given a dividend of $0.9976 per share. This represents a $3.99 annualized dividend and a dividend yield of 3.42%. The ex-dividend date was Thursday, March 21st.

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.