iShares Select Dividend ETF (NASDAQ:DVY) Shares Sold by Assetmark Inc.

Assetmark Inc. cut its position in iShares Select Dividend ETF (NASDAQ:DVY) by 2.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 230,816 shares of the company’s stock after selling 4,643 shares during the quarter. Assetmark Inc. owned approximately 0.16% of iShares Select Dividend ETF worth $30,304,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in the company. Keybank National Association OH raised its stake in shares of iShares Select Dividend ETF by 2.2% during the 4th quarter. Keybank National Association OH now owns 35,893 shares of the company’s stock worth $4,712,000 after buying an additional 777 shares in the last quarter. Ring Mountain Capital LLC purchased a new position in shares of iShares Select Dividend ETF during the 4th quarter worth approximately $226,000. Synergy Investment Management LLC purchased a new position in shares of iShares Select Dividend ETF during the 4th quarter worth approximately $142,000. Pinion Investment Advisors LLC raised its stake in shares of iShares Select Dividend ETF by 42.4% during the 4th quarter. Pinion Investment Advisors LLC now owns 17,328 shares of the company’s stock worth $2,275,000 after buying an additional 5,161 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. raised its stake in shares of iShares Select Dividend ETF by 588.4% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 288,441 shares of the company’s stock worth $37,869,000 after buying an additional 246,540 shares in the last quarter. 46.08% of the stock is owned by institutional investors and hedge funds.

iShares Select Dividend ETF Price Performance

NASDAQ DVY opened at $133.84 on Thursday. iShares Select Dividend ETF has a 1-year low of $115.43 and a 1-year high of $144.09. The company has a market capitalization of $19.90 billion, a P/E ratio of 16.35 and a beta of 0.87. The business has a 50 day moving average price of $134.17 and a 200 day moving average price of $135.01.

iShares Select Dividend ETF Cuts Dividend

The company also recently disclosed 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 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.