Geneos Wealth Management Inc. Has $3.53 Million Holdings in iShares Select Dividend ETF (NASDAQ:DVY)

Geneos Wealth Management Inc. decreased its holdings in iShares Select Dividend ETF (NASDAQ:DVY) by 2.5% during the fourth quarter, Holdings Channel.com reports. The firm owned 26,884 shares of the company’s stock after selling 693 shares during the period. Geneos Wealth Management Inc.’s holdings in iShares Select Dividend ETF were worth $3,530,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in the stock. Thurston Springer Miller Herd & Titak Inc. lifted its position in iShares Select Dividend ETF by 340.9% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 194 shares of the company’s stock worth $25,000 after buying an additional 150 shares in the last quarter. ORG Wealth Partners LLC purchased a new stake in shares of iShares Select Dividend ETF during the third quarter worth $36,000. JDM Financial Group LLC raised its holdings in shares of iShares Select Dividend ETF by 33.3% during the third quarter. JDM Financial Group LLC now owns 300 shares of the company’s stock worth $41,000 after acquiring an additional 75 shares in the last quarter. M&R Capital Management Inc. grew its stake in iShares Select Dividend ETF by 1,455.0% in the third quarter. M&R Capital Management Inc. now owns 311 shares of the company’s stock valued at $42,000 after purchasing an additional 291 shares in the last quarter. Finally, ORG Partners LLC increased its position in iShares Select Dividend ETF by 331.9% in the 4th quarter. ORG Partners LLC now owns 488 shares of the company’s stock worth $64,000 after purchasing an additional 375 shares during the last quarter. 46.08% of the stock is owned by hedge funds and other institutional investors.

iShares Select Dividend ETF Stock Performance

Shares of NASDAQ DVY opened at $135.10 on Friday. The business has a 50 day simple moving average of $135.50 and a 200 day simple moving average of $133.23. iShares Select Dividend ETF has a 52 week low of $112.42 and a 52 week high of $144.09. The stock has a market cap of $20.24 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 disclosed a dividend, which was paid on Friday, December 20th. Stockholders of record on Tuesday, December 17th were issued a dividend of $1.3164 per share. 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.