Inman Jager Wealth Management LLC Makes New Investment in iShares Select Dividend ETF (NASDAQ:DVY)

Inman Jager Wealth Management LLC bought a new position in shares of iShares Select Dividend ETF (NASDAQ:DVY) during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm bought 29,374 shares of the company’s stock, valued at approximately $3,857,000. iShares Select Dividend ETF comprises 3.0% of Inman Jager Wealth Management LLC’s holdings, making the stock its 7th largest holding.

A number of other large investors also recently bought and sold shares of the company. Summit Wealth Partners LLC raised its position in shares of iShares Select Dividend ETF by 1.5% during the 4th quarter. Summit Wealth Partners LLC now owns 13,799 shares of the company’s stock worth $1,812,000 after purchasing an additional 205 shares during the period. Jackson Grant Investment Advisers Inc. raised its position in shares of iShares Select Dividend ETF by 0.8% during the 4th quarter. Jackson Grant Investment Advisers Inc. now owns 40,803 shares of the company’s stock worth $5,357,000 after purchasing an additional 314 shares during the period. Syntegra Private Wealth Group LLC raised its position in shares of iShares Select Dividend ETF by 6.0% during the 4th quarter. Syntegra Private Wealth Group LLC now owns 12,262 shares of the company’s stock worth $1,610,000 after purchasing an additional 689 shares during the period. Meritage Portfolio Management acquired a new stake in shares of iShares Select Dividend ETF during the 4th quarter worth approximately $223,000. Finally, Choreo LLC raised its position in shares of iShares Select Dividend ETF by 16.5% during the 4th quarter. Choreo LLC now owns 13,200 shares of the company’s stock worth $1,732,000 after purchasing an additional 1,869 shares during the period. Institutional investors own 46.08% of the company’s stock.

iShares Select Dividend ETF Trading Up 0.3 %

Shares of iShares Select Dividend ETF stock opened at $134.63 on Thursday. iShares Select Dividend ETF has a twelve month low of $112.42 and a twelve month high of $144.09. The stock has a market capitalization of $20.04 billion, a price-to-earnings ratio of 13.25 and a beta of 0.87. The business’s 50 day simple moving average is $134.66 and its 200-day simple moving average is $133.83.

iShares Select Dividend ETF Cuts Dividend

The firm 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.