CMG Global Holdings LLC Buys 404 Shares of iShares Select Dividend ETF (NASDAQ:DVY)

CMG Global Holdings LLC raised its stake in iShares Select Dividend ETF (NASDAQ:DVY) by 2.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 17,688 shares of the company’s stock after acquiring an additional 404 shares during the period. iShares Select Dividend ETF makes up 1.3% of CMG Global Holdings LLC’s portfolio, making the stock its 24th biggest position. CMG Global Holdings LLC’s holdings in iShares Select Dividend ETF were worth $2,370,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of DVY. International Assets Investment Management LLC boosted its stake in iShares Select Dividend ETF by 17,525.9% during the 3rd quarter. International Assets Investment Management LLC now owns 4,372,993 shares of the company’s stock valued at $590,660,000 after purchasing an additional 4,348,183 shares during the last quarter. Gilman Hill Asset Management LLC lifted its holdings in shares of iShares Select Dividend ETF by 1,439.1% during 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. LPL Financial LLC boosted its position in shares of iShares Select Dividend ETF by 4.6% during the third quarter. LPL Financial LLC now owns 1,465,825 shares of the company’s stock valued at $197,989,000 after buying an additional 64,620 shares during the last quarter. Sanctuary Advisors LLC bought a new stake in iShares Select Dividend ETF in the 2nd quarter worth about $5,769,000. Finally, Florin Court Capital LLP raised its position in iShares Select Dividend ETF by 119.7% in the 3rd quarter. Florin Court Capital LLP now owns 65,700 shares of the company’s stock worth $8,874,000 after buying an additional 35,800 shares during the last quarter. 46.08% of the stock is currently owned by institutional investors.

iShares Select Dividend ETF Stock Performance

DVY opened at $135.70 on Friday. The company’s 50-day simple moving average is $135.28 and its two-hundred day simple moving average is $133.56. The stock has a market capitalization of $20.31 billion, a P/E ratio of 13.25 and a beta of 0.87. iShares Select Dividend ETF has a 52-week low of $112.42 and a 52-week high of $144.09.

iShares Select Dividend ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Friday, December 20th. Investors of record on Tuesday, December 17th were given a dividend of $1.3164 per share. 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.