Gilman Hill Asset Management LLC Purchases 150,892 Shares of iShares Select Dividend ETF (NASDAQ:DVY)

Gilman Hill Asset Management LLC raised its position in iShares Select Dividend ETF (NASDAQ:DVY) by 1,439.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 161,377 shares of the company’s stock after purchasing an additional 150,892 shares during the quarter. iShares Select Dividend ETF accounts for approximately 3.7% of Gilman Hill Asset Management LLC’s holdings, making the stock its largest holding. Gilman Hill Asset Management LLC owned 0.11% of iShares Select Dividend ETF worth $21,187,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. International Assets Investment Management LLC raised its stake in shares of iShares Select Dividend ETF by 17,525.9% in the 3rd quarter. International Assets Investment Management LLC now owns 4,372,993 shares of the company’s stock valued at $590,660,000 after purchasing an additional 4,348,183 shares during the period. LPL Financial LLC increased its position in shares of iShares Select Dividend ETF by 4.6% in the third quarter. LPL Financial LLC now owns 1,465,825 shares of the company’s stock valued at $197,989,000 after acquiring an additional 64,620 shares during the last quarter. JPMorgan Chase & Co. increased its position 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 valued at $186,510,000 after acquiring an additional 7,012 shares during the last quarter. Raymond James & Associates increased its position in shares of iShares Select Dividend ETF by 2.9% in the third quarter. Raymond James & Associates now owns 584,439 shares of the company’s stock valued at $78,940,000 after acquiring an additional 16,512 shares during the last quarter. Finally, Rockefeller Capital Management L.P. increased its position in shares of iShares Select Dividend ETF by 0.5% in the third quarter. Rockefeller Capital Management L.P. now owns 403,745 shares of the company’s stock valued at $54,510,000 after acquiring an additional 2,072 shares during the last quarter. Institutional investors and hedge funds own 46.08% of the company’s stock.

iShares Select Dividend ETF Stock Performance

NASDAQ:DVY opened at $134.80 on Monday. The stock’s 50-day simple moving average is $135.84 and its 200 day simple moving average is $132.90. The company has a market cap of $20.47 billion, a P/E ratio of 13.25 and a beta of 0.87. iShares Select Dividend ETF has a 52-week low of $112.42 and a 52-week high of $144.09.

iShares Select Dividend ETF Cuts Dividend

The business 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.

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.