iShares Select Dividend ETF $DVY Shares Sold by Investors Asset Management of Georgia Inc. GA ADV

Investors Asset Management of Georgia Inc. GA ADV trimmed its position in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 87.1% during the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 2,110 shares of the company’s stock after selling 14,238 shares during the period. Investors Asset Management of Georgia Inc. GA ADV’s holdings in iShares Select Dividend ETF were worth $321,000 at the end of the most recent reporting period.

Several other large investors also recently added to or reduced their stakes in the company. Main Street Group LTD purchased a new stake in shares of iShares Select Dividend ETF in the first quarter valued at $33,000. MBM Wealth Consultants LLC purchased a new position in shares of iShares Select Dividend ETF during the first quarter valued at $51,000. Horizons Wealth Management purchased a new position in shares of iShares Select Dividend ETF during the third quarter valued at $55,000. Princeton Global Asset Management LLC grew its holdings in shares of iShares Select Dividend ETF by 452.9% during the first quarter. Princeton Global Asset Management LLC now owns 387 shares of the company’s stock valued at $59,000 after buying an additional 317 shares in the last quarter. Finally, GKV Capital Management Co. Inc. acquired a new position in iShares Select Dividend ETF during the first quarter valued at $61,000. 46.08% of the stock is owned by institutional investors and hedge funds.

iShares Select Dividend ETF Stock Performance

NASDAQ:DVY traded up $1.88 during trading hours on Tuesday, hitting $159.19. 246,013 shares of the company’s stock traded hands, compared to its average volume of 432,520. The stock’s fifty day moving average price is $159.74 and its two-hundred day moving average price is $157.40. The firm has a market cap of $23.21 billion, a P/E ratio of 13.69 and a beta of 0.66. iShares Select Dividend ETF has a twelve month low of $137.16 and a twelve month high of $167.06.

iShares Select Dividend ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, September 18th. Shareholders of record on Tuesday, September 15th were paid a dividend of $1.3291 per share. This is a boost from iShares Select Dividend ETF’s previous quarterly dividend of $1.2472. The ex-dividend date of this dividend was Tuesday, September 15th. This represents a $5.32 annualized dividend and a yield of 3.3%.

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. The Index consists of 100 of the highest dividend-yielding securities (excluding real estate investment trusts (REITs) in the Dow Jones U.S.