Gunma Bank Ltd. Sells 8,000 Shares of iShares Select Dividend ETF (NASDAQ:DVY)

Gunma Bank Ltd. cut its position in iShares Select Dividend ETF (NASDAQ:DVY) by 14.0% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 49,000 shares of the company’s stock after selling 8,000 shares during the quarter. iShares Select Dividend ETF comprises about 2.1% of Gunma Bank Ltd.’s portfolio, making the stock its 24th biggest holding. Gunma Bank Ltd.’s holdings in iShares Select Dividend ETF were worth $6,433,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. raised its stake in iShares Select Dividend ETF by 0.5% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,380,841 shares of the company’s stock worth $186,510,000 after buying an additional 7,012 shares during the period. Sequoia Financial Advisors LLC boosted its stake in iShares Select Dividend ETF by 2.2% during the third quarter. Sequoia Financial Advisors LLC now owns 47,836 shares of the company’s stock valued at $6,461,000 after buying an additional 1,041 shares during the period. Global Retirement Partners LLC boosted its stake in 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 buying an additional 455 shares during the period. ORG Partners LLC boosted its stake in iShares Select Dividend ETF by 331.9% during 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 period. Finally, Regatta Capital Group LLC raised its position in iShares Select Dividend ETF by 6.7% during 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 in the last quarter. 46.08% of the stock is owned by institutional investors and hedge funds.

iShares Select Dividend ETF Trading Down 0.6 %

DVY opened at $134.10 on Monday. The company has a market cap of $19.93 billion, a P/E ratio of 13.25 and a beta of 0.87. iShares Select Dividend ETF has a 12 month low of $112.42 and a 12 month high of $144.09. The business’s 50-day moving average price is $134.14 and its 200-day moving average price is $133.93.

iShares Select Dividend ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Friday, December 20th. Shareholders of record on Tuesday, December 17th were paid a dividend of $1.3164 per share. The ex-dividend date 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.