Avantax Planning Partners Inc. Has $273,000 Holdings in iShares Select Dividend ETF (NASDAQ:DVY)

Avantax Planning Partners Inc. reduced its holdings in iShares Select Dividend ETF (NASDAQ:DVY) by 11.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,082 shares of the company’s stock after selling 278 shares during the quarter. Avantax Planning Partners Inc.’s holdings in iShares Select Dividend ETF were worth $273,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of the business. JPMorgan Chase & Co. raised its position in iShares Select Dividend ETF by 0.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,380,841 shares of the company’s stock worth $186,510,000 after purchasing an additional 7,012 shares during the last quarter. ORG Partners LLC raised its position in iShares Select Dividend ETF by 331.9% in the 4th quarter. ORG Partners LLC now owns 488 shares of the company’s stock worth $64,000 after purchasing an additional 375 shares during the last quarter. Regatta Capital Group LLC raised its position in iShares Select Dividend ETF by 6.7% in the 4th quarter. Regatta Capital Group LLC now owns 3,965 shares of the company’s stock worth $521,000 after purchasing an additional 250 shares during the last quarter. Fulton Bank N.A. raised its position in iShares Select Dividend ETF by 20.4% in the 4th quarter. Fulton Bank N.A. now owns 26,935 shares of the company’s stock worth $3,536,000 after purchasing an additional 4,568 shares during the last quarter. Finally, Private Trust Co. NA raised its position in iShares Select Dividend ETF by 1.5% in the 4th quarter. Private Trust Co. NA now owns 8,136 shares of the company’s stock worth $1,068,000 after purchasing an additional 121 shares during the last quarter. 46.08% of the stock is owned by institutional investors and hedge funds.

iShares Select Dividend ETF Stock Performance

Shares of iShares Select Dividend ETF stock opened at $130.95 on Thursday. The firm has a fifty day moving average of $134.27 and a two-hundred day moving average of $135.07. The stock has a market capitalization of $19.47 billion, a price-to-earnings ratio of 16.35 and a beta of 0.87. iShares Select Dividend ETF has a 52 week low of $115.43 and a 52 week 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 given a dividend of $1.3164 per share. 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.