Azimuth Capital Investment Management LLC Sells 100 Shares of iShares Select Dividend ETF (NASDAQ:DVY)

Azimuth Capital Investment Management LLC lessened its position in iShares Select Dividend ETF (NASDAQ:DVY) by 5.4% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 1,763 shares of the company’s stock after selling 100 shares during the period. Azimuth Capital Investment Management LLC’s holdings in iShares Select Dividend ETF were worth $231,000 as of its most recent filing with the SEC.

Several other large investors have also made changes to their positions in the company. JPMorgan Chase & Co. raised its position in iShares Select Dividend ETF by 0.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,380,841 shares of the company’s stock valued at $186,510,000 after purchasing an additional 7,012 shares during the last quarter. Charles Schwab Investment Management Inc. increased its stake in shares of iShares Select Dividend ETF by 588.4% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 288,441 shares of the company’s stock valued at $37,869,000 after buying an additional 246,540 shares in the last quarter. ORG Partners LLC raised its holdings in shares of iShares Select Dividend ETF by 331.9% in the fourth quarter. ORG Partners LLC now owns 488 shares of the company’s stock valued at $64,000 after buying an additional 375 shares during the last quarter. LPL Financial LLC lifted its position in iShares Select Dividend ETF by 8.9% during the 4th quarter. LPL Financial LLC now owns 1,596,398 shares of the company’s stock worth $209,591,000 after buying an additional 130,573 shares in the last quarter. Finally, Regatta Capital Group LLC grew its holdings in iShares Select Dividend ETF by 6.7% during the 4th quarter. Regatta Capital Group LLC now owns 3,965 shares of the company’s stock worth $521,000 after acquiring an additional 250 shares during the last quarter. Institutional investors own 46.08% of the company’s stock.

iShares Select Dividend ETF Trading Down 2.8 %

DVY opened at $122.21 on Friday. iShares Select Dividend ETF has a 1-year low of $115.43 and a 1-year high of $144.09. The stock has a market capitalization of $18.18 billion, a PE ratio of 14.65 and a beta of 0.87. The firm has a 50-day moving average price of $132.72 and a two-hundred day moving average price of $134.46.

iShares Select Dividend ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Friday, March 21st. Investors of record on Tuesday, March 18th were issued a $1.0495 dividend. The ex-dividend date of this dividend was Tuesday, March 18th.

iShares Select Dividend ETF 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.