American Institute for Advanced Investment Management LLP Sells 75 Shares of iShares Select Dividend ETF (NASDAQ:DVY)

American Institute for Advanced Investment Management LLP decreased its stake in iShares Select Dividend ETF (NASDAQ:DVY) by 3.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,181 shares of the company’s stock after selling 75 shares during the quarter. American Institute for Advanced Investment Management LLP’s holdings in iShares Select Dividend ETF were worth $286,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the stock. JPMorgan Chase & Co. boosted its stake in shares of iShares Select Dividend ETF by 0.5% in the third quarter. JPMorgan Chase & Co. now owns 1,380,841 shares of the company’s stock worth $186,510,000 after acquiring an additional 7,012 shares during the period. Sequoia Financial Advisors LLC grew its holdings in iShares Select Dividend ETF by 2.2% during the 3rd 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 in the last quarter. Global Retirement Partners LLC increased its holdings in iShares Select Dividend ETF by 12.0% in the 3rd quarter. Global Retirement Partners LLC now owns 4,232 shares of the company’s stock valued at $572,000 after acquiring an additional 455 shares during the last quarter. ORG Partners LLC increased its holdings in iShares Select Dividend ETF by 331.9% in the 4th quarter. ORG Partners LLC now owns 488 shares of the company’s stock valued at $64,000 after acquiring an additional 375 shares during the last quarter. Finally, Regatta Capital Group LLC boosted its holdings in shares of 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 valued at $521,000 after purchasing an additional 250 shares during the last quarter. Institutional investors own 46.08% of the company’s stock.

iShares Select Dividend ETF Trading Down 0.2 %

Shares of DVY stock opened at $134.65 on Thursday. iShares Select Dividend ETF has a 12-month low of $112.42 and a 12-month high of $144.09. The stock’s 50-day moving average price is $135.36 and its 200-day moving average price is $133.56. The stock has a market capitalization of $20.16 billion, a price-to-earnings ratio of 13.25 and a beta of 0.87.

iShares Select Dividend ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Friday, December 20th. Investors of record on Tuesday, December 17th were paid a dividend of $1.3164 per share. The ex-dividend date of this dividend was Tuesday, December 17th.

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.