JMG Financial Group Ltd. Sells 106 Shares of iShares Select Dividend ETF (NASDAQ:DVY)

JMG Financial Group Ltd. reduced its stake in iShares Select Dividend ETF (NASDAQ:DVY) by 0.9% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 11,298 shares of the company’s stock after selling 106 shares during the quarter. JMG Financial Group Ltd.’s holdings in iShares Select Dividend ETF were worth $1,483,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of DVY. Thurston Springer Miller Herd & Titak Inc. boosted its stake in shares of iShares Select Dividend ETF by 340.9% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 194 shares of the company’s stock worth $25,000 after buying an additional 150 shares during the last quarter. Creative Capital Management Investments LLC bought a new stake in iShares Select Dividend ETF during the fourth quarter worth $33,000. Roxbury Financial LLC purchased a new position in iShares Select Dividend ETF in the fourth quarter worth $38,000. JDM Financial Group LLC boosted its position in iShares Select Dividend ETF by 33.3% in the third quarter. JDM Financial Group LLC now owns 300 shares of the company’s stock worth $41,000 after purchasing an additional 75 shares during the last quarter. Finally, Weaver Capital Management LLC bought a new position in iShares Select Dividend ETF in the 4th quarter valued at $43,000. 46.08% of the stock is currently owned by institutional investors.

iShares Select Dividend ETF Price Performance

NASDAQ DVY opened at $137.31 on Friday. The business’s fifty day moving average is $133.50 and its 200-day moving average is $134.31. The stock has a market capitalization of $20.41 billion, a price-to-earnings ratio of 13.25 and a beta of 0.87. iShares Select Dividend ETF has a one year low of $115.02 and a one year high of $144.09.

iShares Select Dividend ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Friday, December 20th. Investors of record on Tuesday, December 17th were issued 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.