Oxbow Advisors LLC Sells 433 Shares of iShares Select Dividend ETF (NASDAQ:DVY)

Oxbow Advisors LLC lessened its stake in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 2.4% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 17,427 shares of the company’s stock after selling 433 shares during the period. Oxbow Advisors LLC’s holdings in iShares Select Dividend ETF were worth $2,288,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Thurston Springer Miller Herd & Titak Inc. increased its position in iShares Select Dividend ETF by 340.9% during the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 194 shares of the company’s stock valued at $25,000 after buying an additional 150 shares in the last quarter. Creative Capital Management Investments LLC bought a new stake in shares of iShares Select Dividend ETF in the 4th quarter worth $33,000. Roxbury Financial LLC bought a new stake in shares of iShares Select Dividend ETF in the 4th quarter worth $38,000. JDM Financial Group LLC increased its holdings in shares of iShares Select Dividend ETF by 33.3% in the 3rd quarter. JDM Financial Group LLC now owns 300 shares of the company’s stock worth $41,000 after purchasing an additional 75 shares in the last quarter. Finally, Weaver Capital Management LLC bought a new stake in shares of iShares Select Dividend ETF in the 4th quarter worth $43,000. Institutional investors own 46.08% of the company’s stock.

iShares Select Dividend ETF Trading Down 0.5 %

iShares Select Dividend ETF stock opened at $136.69 on Friday. The firm has a market cap of $20.32 billion, a price-to-earnings ratio of 13.25 and a beta of 0.87. The stock has a fifty day simple moving average of $133.51 and a two-hundred day simple moving average of $134.33. iShares Select Dividend ETF has a 12 month low of $115.02 and a 12 month high of $144.09.

iShares Select Dividend ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Friday, December 20th. Shareholders of record on Tuesday, December 17th were issued 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.