Litman Gregory Wealth Management LLC Has $531,000 Holdings in iShares Select Dividend ETF (NASDAQ:DVY)

Litman Gregory Wealth Management LLC grew its holdings in iShares Select Dividend ETF (NASDAQ:DVY) by 18.9% in the 4th quarter, Holdings Channel reports. The fund owned 4,042 shares of the company’s stock after purchasing an additional 642 shares during the quarter. Litman Gregory Wealth Management LLC’s holdings in iShares Select Dividend ETF were worth $531,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. JPMorgan Chase & Co. boosted its holdings 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 period. Sequoia Financial Advisors LLC lifted its stake in shares of iShares Select Dividend ETF by 2.2% in 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 lifted its stake in shares of iShares Select Dividend ETF by 12.0% in 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 grew its position in iShares Select Dividend ETF by 331.9% during the fourth quarter. ORG Partners LLC now owns 488 shares of the company’s stock worth $64,000 after buying an additional 375 shares in the last quarter. Finally, Regatta Capital Group LLC increased its stake 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 acquiring an additional 250 shares during the period. Institutional investors and hedge funds own 46.08% of the company’s stock.

iShares Select Dividend ETF Stock Down 0.7 %

iShares Select Dividend ETF stock opened at $134.75 on Friday. iShares Select Dividend ETF has a 12 month low of $112.42 and a 12 month high of $144.09. The stock has a market cap of $20.17 billion, a price-to-earnings ratio of 13.25 and a beta of 0.87. The business has a 50 day moving average price of $135.03 and a two-hundred day moving average price of $133.64.

iShares Select Dividend ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Friday, December 20th. Investors of record on Tuesday, December 17th were given a $1.3164 dividend. The ex-dividend date of this dividend 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.