iShares Select Dividend ETF (NASDAQ:DVY) Shares Sold by Ellis Investment Partners LLC

Ellis Investment Partners LLC trimmed its holdings in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 3.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 217,615 shares of the company’s stock after selling 6,949 shares during the period. iShares Select Dividend ETF comprises 5.6% of Ellis Investment Partners LLC’s investment portfolio, making the stock its largest position. Ellis Investment Partners LLC’s holdings in iShares Select Dividend ETF were worth $28,571,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. JPMorgan Chase & Co. grew its stake in shares of iShares Select Dividend ETF by 0.5% in the third quarter. JPMorgan Chase & Co. now owns 1,380,841 shares of the company’s stock valued at $186,510,000 after buying an additional 7,012 shares in the last quarter. Sequoia Financial Advisors LLC grew its position in iShares Select Dividend ETF by 2.2% in the third quarter. Sequoia Financial Advisors LLC now owns 47,836 shares of the company’s stock valued at $6,461,000 after acquiring an additional 1,041 shares in the last quarter. Global Retirement Partners LLC raised its stake in shares of iShares Select Dividend ETF by 12.0% during the third quarter. Global Retirement Partners LLC now owns 4,232 shares of the company’s stock valued at $572,000 after purchasing an additional 455 shares during the period. ORG Partners LLC lifted its position in shares of 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 purchasing an additional 375 shares in the last quarter. Finally, Regatta Capital Group LLC boosted its stake in shares of iShares Select Dividend ETF by 6.7% in the fourth quarter. Regatta Capital Group LLC now owns 3,965 shares of the company’s stock valued at $521,000 after purchasing an additional 250 shares during the period. 46.08% of the stock is currently owned by hedge funds and other institutional investors.

iShares Select Dividend ETF Price Performance

iShares Select Dividend ETF stock opened at $135.71 on Friday. iShares Select Dividend ETF has a 12-month low of $114.37 and a 12-month high of $144.09. The company has a market capitalization of $20.17 billion, a price-to-earnings ratio of 13.25 and a beta of 0.87. The firm’s fifty day moving average price is $133.58 and its 200 day moving average price is $134.12.

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 dividend of $1.3164 per share. The ex-dividend date of this dividend 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.