Assetmark Inc. Sells 10,295 Shares of iShares Select Dividend ETF (NASDAQ:DVY)

Assetmark Inc. lessened its stake in iShares Select Dividend ETF (NASDAQ:DVY) by 4.2% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 235,459 shares of the company’s stock after selling 10,295 shares during the period. Assetmark Inc.’s holdings in iShares Select Dividend ETF were worth $31,804,000 at the end of the most recent reporting period.

Several other hedge funds have also made changes to their positions in the stock. International Assets Investment Management LLC lifted its stake in iShares Select Dividend ETF by 17,525.9% during the third quarter. International Assets Investment Management LLC now owns 4,372,993 shares of the company’s stock worth $590,660,000 after purchasing an additional 4,348,183 shares during the period. LPL Financial LLC lifted its stake in iShares Select Dividend ETF by 2.5% during the second quarter. LPL Financial LLC now owns 1,401,205 shares of the company’s stock worth $169,518,000 after purchasing an additional 34,221 shares during the period. Commonwealth Equity Services LLC lifted its stake in iShares Select Dividend ETF by 2.1% during the second quarter. Commonwealth Equity Services LLC now owns 649,767 shares of the company’s stock worth $78,609,000 after purchasing an additional 13,366 shares during the period. Jane Street Group LLC lifted its stake in iShares Select Dividend ETF by 1,872.8% during the first quarter. Jane Street Group LLC now owns 617,469 shares of the company’s stock worth $76,060,000 after purchasing an additional 586,170 shares during the period. Finally, Raymond James & Associates lifted its stake in iShares Select Dividend ETF by 2.9% during the third quarter. Raymond James & Associates now owns 584,439 shares of the company’s stock worth $78,940,000 after purchasing an additional 16,512 shares during the period. Institutional investors own 46.08% of the company’s stock.

iShares Select Dividend ETF Trading Up 0.5 %

NASDAQ DVY opened at $138.16 on Friday. The firm has a market cap of $20.59 billion, a price-to-earnings ratio of 13.25 and a beta of 0.87. The company has a 50 day moving average of $134.46 and a 200-day moving average of $127.92. iShares Select Dividend ETF has a 1-year low of $105.58 and a 1-year high of $138.70.

iShares Select Dividend ETF Announces Dividend

The company also recently disclosed a dividend, which was paid on Monday, September 30th. Stockholders of record on Wednesday, September 25th were issued a dividend of $1.5496 per share. The ex-dividend date of this dividend was Wednesday, September 25th.

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.