iShares Select Dividend ETF (NASDAQ:DVY) Shares Sold by Arcus Capital Partners LLC

Arcus Capital Partners LLC lessened its position in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 12.6% in the 4th quarter, HoldingsChannel reports. The fund owned 135,195 shares of the company’s stock after selling 19,441 shares during the period. iShares Select Dividend ETF accounts for about 6.2% of Arcus Capital Partners LLC’s portfolio, making the stock its 3rd biggest holding. Arcus Capital Partners LLC’s holdings in iShares Select Dividend ETF were worth $16,653,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in DVY. Pathway Financial Advisers LLC lifted its position in shares of iShares Select Dividend ETF by 1.4% during the 4th quarter. Pathway Financial Advisers LLC now owns 6,318 shares of the company’s stock worth $829,000 after buying an additional 90 shares during the last quarter. Raab & Moskowitz Asset Management LLC lifted its position in shares of iShares Select Dividend ETF by 2.4% during the 4th quarter. Raab & Moskowitz Asset Management LLC now owns 45,280 shares of the company’s stock worth $5,945,000 after buying an additional 1,065 shares during the last quarter. Jmac Enterprises LLC lifted its position in shares of iShares Select Dividend ETF by 0.6% during the 4th quarter. Jmac Enterprises LLC now owns 17,142 shares of the company’s stock worth $2,251,000 after buying an additional 104 shares during the last quarter. Sonata Capital Group Inc. lifted its position in shares of iShares Select Dividend ETF by 0.4% during the 4th quarter. Sonata Capital Group Inc. now owns 25,548 shares of the company’s stock worth $3,354,000 after buying an additional 101 shares during the last quarter. Finally, Wealthcare Capital Partners LLC purchased a new stake in shares of iShares Select Dividend ETF during the 4th quarter worth approximately $244,000. Institutional investors and hedge funds own 46.08% of the company’s stock.

iShares Select Dividend ETF Trading Up 0.9 %

Shares of NASDAQ:DVY opened at $135.74 on Friday. The company has a market capitalization of $20.18 billion, a PE ratio of 13.25 and a beta of 0.87. iShares Select Dividend ETF has a twelve month low of $113.19 and a twelve month high of $144.09. The firm has a 50 day simple moving average of $133.76 and a 200-day simple moving average of $134.07.

iShares Select Dividend ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Friday, December 20th. Investors of record on Tuesday, December 17th were given a $1.3164 dividend. The ex-dividend date was Tuesday, December 17th.

iShares Select Dividend ETF 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.