iShares Select Dividend ETF (NASDAQ:DVY) Stake Reduced by Fifth Third Wealth Advisors LLC

Fifth Third Wealth Advisors LLC decreased its holdings in shares of iShares Select Dividend ETF (NASDAQ:DVYFree Report) by 2.0% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 129,542 shares of the company’s stock after selling 2,580 shares during the period. iShares Select Dividend ETF makes up 0.9% of Fifth Third Wealth Advisors LLC’s portfolio, making the stock its 16th biggest holding. Fifth Third Wealth Advisors LLC’s holdings in iShares Select Dividend ETF were worth $17,008,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in DVY. ORG Wealth Partners LLC acquired a new position in shares of iShares Select Dividend ETF in the 3rd quarter valued at $36,000. JDM Financial Group LLC lifted its stake in iShares Select Dividend ETF by 33.3% during the third quarter. JDM Financial Group LLC now owns 300 shares of the company’s stock valued at $41,000 after buying an additional 75 shares in the last quarter. M&R Capital Management Inc. lifted its stake in 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 buying an additional 291 shares in the last quarter. ORG Partners LLC boosted its holdings in shares of iShares Select Dividend ETF by 331.9% in the fourth quarter. ORG Partners LLC now owns 488 shares of the company’s stock worth $64,000 after buying an additional 375 shares during the period. Finally, 1832 Asset Management L.P. purchased a new position in shares of iShares Select Dividend ETF in the second quarter worth approximately $73,000. Institutional investors and hedge funds own 46.08% of the company’s stock.

iShares Select Dividend ETF Price Performance

DVY stock opened at $131.12 on Wednesday. The company’s 50 day simple moving average is $136.10 and its 200-day simple moving average is $132.62. iShares Select Dividend ETF has a 52-week low of $112.42 and a 52-week high of $144.09. The firm has a market capitalization of $19.96 billion, a P/E ratio of 13.25 and a beta of 0.87.

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 $1.3164 dividend. The ex-dividend date of this dividend was Tuesday, December 17th.

About iShares Select Dividend ETF

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for iShares Select Dividend ETF (NASDAQ:DVY)

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