Sterling Investment Advisors LLC ADV Sells 110 Shares of iShares Select Dividend ETF (NASDAQ:DVY)

Sterling Investment Advisors LLC ADV reduced its stake in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 5.9% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,739 shares of the company’s stock after selling 110 shares during the quarter. Sterling Investment Advisors LLC ADV’s holdings in iShares Select Dividend ETF were worth $228,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of DVY. International Assets Investment Management LLC increased its holdings in shares of iShares Select Dividend ETF by 17,525.9% in the third quarter. International Assets Investment Management LLC now owns 4,372,993 shares of the company’s stock worth $590,660,000 after acquiring an additional 4,348,183 shares in the last quarter. LPL Financial LLC grew its position in shares of iShares Select Dividend ETF by 4.6% in the 3rd quarter. LPL Financial LLC now owns 1,465,825 shares of the company’s stock valued at $197,989,000 after purchasing an additional 64,620 shares during the period. JPMorgan Chase & Co. increased its stake in iShares Select Dividend ETF by 0.5% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,380,841 shares of the company’s stock worth $186,510,000 after purchasing an additional 7,012 shares in the last quarter. Raymond James & Associates raised its holdings in iShares Select Dividend ETF by 2.9% during the 3rd quarter. Raymond James & Associates now owns 584,439 shares of the company’s stock worth $78,940,000 after buying an additional 16,512 shares during the period. Finally, Rockefeller Capital Management L.P. lifted its stake in iShares Select Dividend ETF by 0.5% in the third quarter. Rockefeller Capital Management L.P. now owns 403,745 shares of the company’s stock valued at $54,510,000 after buying an additional 2,072 shares in the last quarter. 46.08% of the stock is currently owned by institutional investors and hedge funds.

iShares Select Dividend ETF Stock Up 1.3 %

iShares Select Dividend ETF stock opened at $132.80 on Thursday. The company has a 50 day moving average of $136.10 and a 200-day moving average of $132.62. iShares Select Dividend ETF has a twelve month low of $112.42 and a twelve month high of $144.09. The stock has a market capitalization of $20.22 billion, a PE ratio of 13.25 and a beta of 0.87.

iShares Select Dividend ETF Cuts Dividend

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

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.