iShares Select Dividend ETF (NASDAQ:DVY) Shares Sold by International Assets Investment Management LLC

International Assets Investment Management LLC lowered its position in iShares Select Dividend ETF (NASDAQ:DVY) by 99.2% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 33,248 shares of the company’s stock after selling 4,339,745 shares during the period. International Assets Investment Management LLC’s holdings in iShares Select Dividend ETF were worth $4,358,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of DVY. ORG Wealth Partners LLC purchased a new stake in shares of iShares Select Dividend ETF during the third quarter worth about $36,000. JDM Financial Group LLC increased its stake in iShares Select Dividend ETF by 33.3% during the 3rd quarter. JDM Financial Group LLC now owns 300 shares of the company’s stock worth $41,000 after buying an additional 75 shares in the last quarter. M&R Capital Management Inc. raised its holdings in shares of iShares Select Dividend ETF by 1,455.0% during the third quarter. M&R Capital Management Inc. now owns 311 shares of the company’s stock valued at $42,000 after acquiring an additional 291 shares during the last quarter. Fairfield Financial Advisors LTD acquired a new stake in shares of iShares Select Dividend ETF in the second quarter worth approximately $47,000. Finally, 1832 Asset Management L.P. acquired a new stake in shares of iShares Select Dividend ETF in the second quarter worth approximately $73,000. 46.08% of the stock is owned by hedge funds and other institutional investors.

iShares Select Dividend ETF Trading Down 1.0 %

DVY stock traded down $1.28 during mid-day trading on Wednesday, reaching $129.52. The company’s stock had a trading volume of 72,133 shares, compared to its average volume of 385,472. The company’s 50 day moving average is $136.50 and its two-hundred day moving average is $132.30. The stock has a market cap of $19.72 billion, a PE ratio of 13.25 and a beta of 0.87. iShares Select Dividend ETF has a fifty-two week low of $112.42 and a fifty-two week high of $144.09.

iShares Select Dividend ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Friday, December 20th. Stockholders of record on Tuesday, December 17th were paid a $1.3164 dividend. The ex-dividend date was Tuesday, December 17th.

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.