Southland Equity Partners LLC Decreases Stock Holdings in iShares Select Dividend ETF (NASDAQ:DVY)

Southland Equity Partners LLC reduced its holdings in iShares Select Dividend ETF (NASDAQ:DVY) by 6.5% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,870 shares of the company’s stock after selling 129 shares during the period. Southland Equity Partners LLC’s holdings in iShares Select Dividend ETF were worth $245,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently made changes to their positions in DVY. 1832 Asset Management L.P. bought a new stake in iShares Select Dividend ETF during the second quarter worth approximately $73,000. Evergreen Capital Management LLC bought a new position in shares of iShares Select Dividend ETF during the 2nd quarter valued at approximately $236,000. Daymark Wealth Partners LLC raised its holdings in iShares Select Dividend ETF by 153.2% during the 2nd quarter. Daymark Wealth Partners LLC now owns 6,588 shares of the company’s stock valued at $797,000 after buying an additional 3,986 shares during the period. Smith Thornton Advisors LLC bought a new stake in iShares Select Dividend ETF in the second quarter worth $415,000. Finally, Raab & Moskowitz Asset Management LLC boosted its stake in iShares Select Dividend ETF by 23.0% during the second quarter. Raab & Moskowitz Asset Management LLC now owns 42,844 shares of the company’s stock worth $5,183,000 after buying an additional 8,020 shares during the period. 46.08% of the stock is currently owned by institutional investors.

iShares Select Dividend ETF Trading Up 0.6 %

Shares of DVY opened at $135.10 on Friday. The company’s fifty day simple moving average is $135.56 and its 200-day simple moving average is $133.13. The company has a market cap of $20.51 billion, a P/E ratio of 13.25 and a beta of 0.87. iShares Select Dividend ETF has a twelve month low of $112.42 and a twelve month high of $144.09.

iShares Select Dividend ETF Cuts Dividend

The company also recently disclosed 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 of this dividend 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.