JMG Financial Group Ltd. Sells 106 Shares of iShares Select Dividend ETF (NASDAQ:DVY)

JMG Financial Group Ltd. lessened its position in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 0.9% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 11,298 shares of the company’s stock after selling 106 shares during the period. JMG Financial Group Ltd.’s holdings in iShares Select Dividend ETF were worth $1,483,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. International Assets Investment Management LLC boosted its holdings in iShares Select Dividend ETF by 17,525.9% in the 3rd quarter. International Assets Investment Management LLC now owns 4,372,993 shares of the company’s stock worth $590,660,000 after buying an additional 4,348,183 shares during the period. Miller Howard Investments Inc. NY lifted its position 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 acquiring an additional 392,667 shares in the last quarter. Private Advisor Group LLC boosted its holdings in shares of iShares Select Dividend ETF by 94.0% in the fourth quarter. Private Advisor Group LLC now owns 384,003 shares of the company’s stock worth $50,416,000 after acquiring an additional 186,055 shares during the period. Gilman Hill Asset Management LLC grew its position in shares of iShares Select Dividend ETF by 1,439.1% in the fourth quarter. Gilman Hill Asset Management LLC now owns 161,377 shares of the company’s stock valued at $21,187,000 after purchasing an additional 150,892 shares in the last quarter. Finally, LPL Financial LLC raised its stake in shares of iShares Select Dividend ETF by 4.6% during the 3rd quarter. LPL Financial LLC now owns 1,465,825 shares of the company’s stock valued at $197,989,000 after purchasing an additional 64,620 shares during the period. Institutional investors own 46.08% of the company’s stock.

iShares Select Dividend ETF Stock Performance

Shares of DVY opened at $137.31 on Friday. The stock has a market capitalization of $20.41 billion, a price-to-earnings ratio of 13.25 and a beta of 0.87. iShares Select Dividend ETF has a 52-week low of $115.02 and a 52-week high of $144.09. The stock’s 50-day simple moving average is $133.50 and its 200 day simple moving average is $134.31.

iShares Select Dividend ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Friday, December 20th. Stockholders of record on Tuesday, December 17th were issued 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.