Stelac Advisory Services LLC Trims Holdings in iShares Select Dividend ETF (DVY)

Stelac Advisory Services LLC lessened its holdings in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 5.8% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 158,290 shares of the company’s stock after selling 9,758 shares during the quarter. iShares Select Dividend ETF makes up about 6.6% of Stelac Advisory Services LLC’s investment portfolio, making the stock its 3rd biggest position. Stelac Advisory Services LLC owned 0.09% of iShares Select Dividend ETF worth $15,601,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. First Interstate Bank raised its position in shares of iShares Select Dividend ETF by 148.0% in the 3rd quarter. First Interstate Bank now owns 1,240 shares of the company’s stock worth $116,000 after buying an additional 740 shares during the period. Independence Bank of Kentucky purchased a new position in shares of iShares Select Dividend ETF in the 4th quarter worth $127,000. Harel Insurance Investments & Financial Services Ltd. raised its position in shares of iShares Select Dividend ETF by 2,272.7% in the 3rd quarter. Harel Insurance Investments & Financial Services Ltd. now owns 1,566 shares of the company’s stock worth $147,000 after buying an additional 1,500 shares during the period. Trust Department MB Financial Bank N A raised its position in shares of iShares Select Dividend ETF by 419.3% in the 4th quarter. Trust Department MB Financial Bank N A now owns 1,558 shares of the company’s stock worth $154,000 after buying an additional 1,258 shares during the period. Finally, Ruggie Capital Group purchased a new position in shares of iShares Select Dividend ETF in the 4th quarter worth $159,000.

iShares Select Dividend ETF (DVY) opened at $96.83 on Wednesday. The firm has a market capitalization of $17,130.00, a price-to-earnings ratio of 16.47 and a beta of 0.72. iShares Select Dividend ETF has a 52-week low of $89.53 and a 52-week high of $102.32.

COPYRIGHT VIOLATION NOTICE: This story was first posted by Dispatch Tribunal and is owned by of Dispatch Tribunal. If you are viewing this story on another site, it was stolen and republished in violation of U.S. and international trademark and copyright legislation. The original version of this story can be read at https://www.dispatchtribunal.com/2018/02/21/stelac-advisory-services-llc-trims-holdings-in-ishares-select-dividend-etf-dvy.html.

iShares Select Dividend ETF 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.

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

Receive News & Ratings for iShares Select Dividend ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Select Dividend ETF and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply