Investors Asset Management of Georgia Inc. GA ADV Cuts Stake in iShares Select Dividend ETF (NASDAQ:DVY)

Investors Asset Management of Georgia Inc. GA ADV lowered its holdings in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 7.6% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 2,113 shares of the company’s stock after selling 175 shares during the period. Investors Asset Management of Georgia Inc. GA ADV’s holdings in iShares Select Dividend ETF were worth $277,000 as of its most recent filing with the SEC.

A number of other large investors also recently added to or reduced their stakes in the business. International Assets Investment Management LLC grew its position in iShares Select Dividend ETF by 17,525.9% during the 3rd quarter. International Assets Investment Management LLC now owns 4,372,993 shares of the company’s stock worth $590,660,000 after acquiring an additional 4,348,183 shares during the last quarter. LPL Financial LLC increased its stake in shares of iShares Select Dividend ETF by 4.6% in the third quarter. LPL Financial LLC now owns 1,465,825 shares of the company’s stock worth $197,989,000 after buying an additional 64,620 shares during the period. JPMorgan Chase & Co. boosted its position in iShares Select Dividend ETF by 0.5% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,380,841 shares of the company’s stock valued at $186,510,000 after buying an additional 7,012 shares during the period. Truist Financial Corp increased its position in shares of iShares Select Dividend ETF by 3.9% in the fourth quarter. Truist Financial Corp now owns 1,195,080 shares of the company’s stock valued at $156,902,000 after acquiring an additional 44,508 shares during the period. Finally, Miller Howard Investments Inc. NY boosted its holdings in shares of iShares Select Dividend ETF by 369.5% during the fourth quarter. Miller Howard Investments Inc. NY now owns 498,927 shares of the company’s stock worth $65,504,000 after purchasing an additional 392,667 shares during the period. Hedge funds and other institutional investors own 46.08% of the company’s stock.

iShares Select Dividend ETF Price Performance

NASDAQ DVY opened at $137.31 on Friday. The business’s 50-day moving average is $133.50 and its 200 day moving average is $134.31. The stock has a market capitalization of $20.41 billion, a PE ratio of 13.25 and a beta of 0.87. iShares Select Dividend ETF has a 1 year low of $115.02 and a 1 year high of $144.09.

iShares Select Dividend ETF Cuts Dividend

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

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.