Fulton Breakefield Broenniman LLC Cuts Stock Position in iShares Select Dividend ETF (NASDAQ:DVY)

Fulton Breakefield Broenniman LLC cut its holdings in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 4.4% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 15,348 shares of the company’s stock after selling 711 shares during the quarter. Fulton Breakefield Broenniman LLC’s holdings in iShares Select Dividend ETF were worth $2,073,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in DVY. Fisher Asset Management LLC bought a new stake in iShares Select Dividend ETF in the fourth quarter worth about $483,000. CWM LLC raised its holdings in shares of iShares Select Dividend ETF by 2.2% in the 1st quarter. CWM LLC now owns 33,702 shares of the company’s stock worth $4,151,000 after purchasing an additional 725 shares during the period. American National Bank lifted its stake in iShares Select Dividend ETF by 745.2% in the first quarter. American National Bank now owns 5,671 shares of the company’s stock valued at $699,000 after purchasing an additional 5,000 shares during the last quarter. Sterling Investment Advisors LLC ADV bought a new position in iShares Select Dividend ETF during the first quarter valued at $226,000. Finally, David J Yvars Group increased its position in iShares Select Dividend ETF by 13.1% in the first quarter. David J Yvars Group now owns 9,941 shares of the company’s stock worth $1,223,000 after buying an additional 1,153 shares during the last quarter. 46.08% of the stock is currently owned by institutional investors.

iShares Select Dividend ETF Price Performance

Shares of DVY opened at $137.13 on Thursday. iShares Select Dividend ETF has a 1 year low of $102.66 and a 1 year high of $137.26. The stock’s fifty day moving average price is $132.62 and its two-hundred day moving average price is $126.09. The firm has a market cap of $20.49 billion, a PE ratio of 13.25 and a beta of 0.87.

iShares Select Dividend ETF Announces Dividend

The firm also recently disclosed a dividend, which was paid on Monday, September 30th. Shareholders of record on Wednesday, September 25th were issued a dividend of $1.5496 per share. The ex-dividend date of this dividend was Wednesday, September 25th.

iShares Select Dividend ETF Company 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.