Cumberland Advisors Inc. lowered its stake in iShares Select Dividend ETF (NASDAQ:DVY) by 12.5% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 114,090 shares of the company’s stock after selling 16,245 shares during the period. iShares Select Dividend ETF makes up 6.2% of Cumberland Advisors Inc.’s portfolio, making the stock its 3rd largest holding. Cumberland Advisors Inc.’s holdings in iShares Select Dividend ETF were worth $11,245,000 as of its most recent filing with the SEC.

Other large investors have also made changes to their positions in the company. SG Americas Securities LLC acquired a new position in shares of iShares Select Dividend ETF during the 3rd quarter worth approximately $2,567,000. Klingenstein Fields & Co. LLC lifted its holdings in shares of iShares Select Dividend ETF by 66.7% during the 3rd quarter. Klingenstein Fields & Co. LLC now owns 3,667 shares of the company’s stock worth $343,000 after acquiring an additional 1,467 shares during the period. Goldman Sachs Group Inc. lifted its holdings in shares of iShares Select Dividend ETF by 1.6% during the 2nd quarter. Goldman Sachs Group Inc. now owns 453,137 shares of the company’s stock worth $41,784,000 after acquiring an additional 7,060 shares during the period. Calamos Wealth Management LLC lifted its holdings in shares of iShares Select Dividend ETF by 1.4% during the 3rd quarter. Calamos Wealth Management LLC now owns 147,819 shares of the company’s stock worth $13,843,000 after acquiring an additional 2,043 shares during the period. Finally, Comerica Bank lifted its holdings in shares of iShares Select Dividend ETF by 3.9% during the 3rd quarter. Comerica Bank now owns 525,471 shares of the company’s stock worth $49,715,000 after acquiring an additional 19,634 shares during the period.

Shares of iShares Select Dividend ETF (NASDAQ DVY) traded down $0.04 during trading hours on Tuesday, reaching $99.49. 1,153,200 shares of the company traded hands, compared to its average volume of 838,520. The company has a market cap of $18,050.00, a P/E ratio of 16.92 and a beta of 0.75. iShares Select Dividend ETF has a fifty-two week low of $88.03 and a fifty-two week high of $99.99.

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, December 26th. Investors of record on Wednesday, December 20th were paid a $0.798 dividend. This is an increase from iShares Select Dividend ETF’s previous quarterly dividend of $0.73. The ex-dividend date was Tuesday, December 19th. This represents a $3.19 annualized dividend and a yield of 3.21%. iShares Select Dividend ETF’s dividend payout ratio is presently 50.34%.

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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.

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Institutional Ownership by Quarter for iShares Select Dividend ETF (NASDAQ:DVY)

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