Gilman Hill Asset Management LLC Has $21.19 Million Stake in iShares Select Dividend ETF (NASDAQ:DVY)

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

A number of other institutional investors also recently made changes to their positions in the company. Edgestream Partners L.P. acquired a new position in iShares Select Dividend ETF in the 2nd quarter valued at $223,000. Hsbc Holdings PLC grew its holdings in iShares Select Dividend ETF by 84.7% in the 2nd quarter. Hsbc Holdings PLC now owns 25,554 shares of the company’s stock valued at $3,092,000 after buying an additional 11,722 shares in the last quarter. Ieq Capital LLC grew its holdings in iShares Select Dividend ETF by 1.1% in the 2nd quarter. Ieq Capital LLC now owns 26,282 shares of the company’s stock valued at $3,180,000 after buying an additional 292 shares in the last quarter. Hancock Whitney Corp grew its holdings in iShares Select Dividend ETF by 1.0% in the 2nd quarter. Hancock Whitney Corp now owns 28,281 shares of the company’s stock valued at $3,421,000 after buying an additional 291 shares in the last quarter. Finally, 1832 Asset Management L.P. acquired a new position in iShares Select Dividend ETF in the 2nd quarter valued at $73,000. Institutional investors own 46.08% of the company’s stock.

iShares Select Dividend ETF Stock Performance

DVY opened at $134.80 on Monday. The firm 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. The business’s fifty day moving average is $135.84 and its 200-day moving average is $132.90.

iShares Select Dividend ETF Cuts Dividend

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