iShares Select Dividend ETF (NASDAQ:DVY) Shares Sold by Asset Advisors Investment Management LLC

Asset Advisors Investment Management LLC cut its stake in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 4.7% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 71,793 shares of the company’s stock after selling 3,515 shares during the period. Asset Advisors Investment Management LLC’s holdings in iShares Select Dividend ETF were worth $9,426,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Thurston Springer Miller Herd & Titak Inc. raised its position in iShares Select Dividend ETF by 340.9% during the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 194 shares of the company’s stock valued at $25,000 after buying an additional 150 shares during the period. Creative Capital Management Investments LLC acquired a new stake in shares of iShares Select Dividend ETF in the fourth quarter worth about $33,000. Roxbury Financial LLC bought a new stake in iShares Select Dividend ETF during the fourth quarter worth approximately $38,000. JDM Financial Group LLC raised 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 acquiring an additional 75 shares during the period. Finally, Weaver Capital Management LLC acquired a new stake in iShares Select Dividend ETF in the 4th quarter valued at approximately $43,000. 46.08% of the stock is owned by hedge funds and other institutional investors.

iShares Select Dividend ETF Price Performance

NASDAQ DVY opened at $136.69 on Monday. iShares Select Dividend ETF has a 52-week low of $115.02 and a 52-week high of $144.09. The firm has a market capitalization of $20.32 billion, a price-to-earnings ratio of 13.25 and a beta of 0.87. The company’s fifty day moving average is $133.50 and its two-hundred day moving average is $134.56.

iShares Select Dividend ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Friday, December 20th. Stockholders 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.

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.