iShares Select Dividend ETF (NASDAQ:DVY) Holdings Raised by Litman Gregory Wealth Management LLC

Litman Gregory Wealth Management LLC raised its stake in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 18.9% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 4,042 shares of the company’s stock after buying an additional 642 shares during the period. Litman Gregory Wealth Management LLC’s holdings in iShares Select Dividend ETF were worth $531,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of DVY. Thurston Springer Miller Herd & Titak Inc. grew its position in iShares Select Dividend ETF by 340.9% in the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 194 shares of the company’s stock worth $25,000 after acquiring an additional 150 shares in the last quarter. ORG Wealth Partners LLC bought a new stake in iShares Select Dividend ETF in the third quarter worth $36,000. JDM Financial Group LLC increased its position 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 worth $41,000 after buying an additional 75 shares during the last quarter. ORG Partners LLC increased its position in iShares Select Dividend ETF by 331.9% during 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 last quarter. Finally, Armstrong Advisory Group Inc. raised its holdings in iShares Select Dividend ETF by 205.3% during the fourth quarter. Armstrong Advisory Group Inc. now owns 516 shares of the company’s stock valued at $68,000 after buying an additional 347 shares in the last quarter. 46.08% of the stock is currently owned by hedge funds and other institutional investors.

iShares Select Dividend ETF Stock Performance

DVY opened at $134.75 on Friday. The company has a market cap of $20.17 billion, a PE ratio of 13.25 and a beta of 0.87. The stock has a 50-day moving average of $135.03 and a 200-day moving average of $133.64. 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 announced a dividend, which was paid on Friday, December 20th. Shareholders of record on Tuesday, December 17th were given a dividend of $1.3164 per share. The ex-dividend date was Tuesday, December 17th.

About iShares Select Dividend ETF

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.