Carret Asset Management LLC Lowers Stock Position in iShares Select Dividend ETF (NASDAQ:DVY)

Carret Asset Management LLC lowered its position in iShares Select Dividend ETF (NASDAQ:DVY) by 1.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 48,078 shares of the company’s stock after selling 780 shares during the period. Carret Asset Management LLC’s holdings in iShares Select Dividend ETF were worth $6,312,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in DVY. Thurston Springer Miller Herd & Titak Inc. grew its position in iShares Select Dividend ETF by 340.9% during the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 194 shares of the company’s stock valued at $25,000 after buying an additional 150 shares during the period. Creative Capital Management Investments LLC bought a new position in iShares Select Dividend ETF during the fourth quarter valued at about $33,000. Roxbury Financial LLC bought a new position in iShares Select Dividend ETF during the fourth quarter valued at about $38,000. JDM Financial Group LLC grew 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 valued at $41,000 after buying an additional 75 shares during the period. Finally, Weaver Capital Management LLC bought a new position in iShares Select Dividend ETF during the fourth quarter valued at about $43,000. Hedge funds and other institutional investors own 46.08% of the company’s stock.

iShares Select Dividend ETF Stock Performance

DVY opened at $130.62 on Friday. The firm has a market cap of $19.42 billion, a P/E ratio of 16.35 and a beta of 0.87. The firm has a 50-day moving average of $134.26 and a 200 day moving average of $135.04. iShares Select Dividend ETF has a fifty-two week low of $115.43 and a fifty-two week high of $144.09.

iShares Select Dividend ETF Cuts Dividend

The business also recently declared 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 of this dividend 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.