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

International Assets Investment Management LLC trimmed its holdings in iShares Select Dividend ETF (NASDAQ:DVY) by 99.2% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund 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 reporting period.

Other hedge funds also recently made changes to their positions in the company. ORG Wealth Partners LLC acquired a new position in iShares Select Dividend ETF during the third quarter valued at approximately $36,000. JDM Financial Group LLC lifted its holdings in iShares Select Dividend ETF by 33.3% in 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. boosted its position in iShares Select Dividend ETF by 1,455.0% in the 3rd quarter. M&R Capital Management Inc. now owns 311 shares of the company’s stock valued at $42,000 after buying an additional 291 shares during the last quarter. Fairfield Financial Advisors LTD purchased a new stake in shares of iShares Select Dividend ETF during the second quarter worth about $47,000. Finally, 1832 Asset Management L.P. acquired a new position in shares of iShares Select Dividend ETF in the second quarter worth about $73,000. Institutional investors and hedge funds own 46.08% of the company’s stock.

iShares Select Dividend ETF Trading Down 1.0 %

NASDAQ DVY traded down $1.28 during mid-day trading on Wednesday, reaching $129.52. 72,133 shares of the company’s stock traded hands, compared to its average volume of 385,472. iShares Select Dividend ETF has a 1-year low of $112.42 and a 1-year high of $144.09. The company has a fifty day simple moving average of $136.50 and a 200-day simple moving average of $132.30. The company has a market cap of $19.72 billion, a price-to-earnings ratio of 13.25 and a beta of 0.87.

iShares Select Dividend ETF Cuts Dividend

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