Graves Light Lenhart Wealth Inc. Raises Stock Holdings in iShares Select Dividend ETF (NASDAQ:DVY)

Graves Light Lenhart Wealth Inc. lifted its holdings in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 0.7% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 30,650 shares of the company’s stock after buying an additional 224 shares during the quarter. Graves Light Lenhart Wealth Inc.’s holdings in iShares Select Dividend ETF were worth $4,024,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. ORG Wealth Partners LLC bought a new stake in shares of iShares Select Dividend ETF during the third quarter valued at approximately $36,000. JDM Financial Group LLC grew its position in iShares Select Dividend ETF by 33.3% during the third quarter. JDM Financial Group LLC now owns 300 shares of the company’s stock valued at $41,000 after buying an additional 75 shares during the period. M&R Capital Management Inc. increased its position in iShares Select Dividend ETF by 1,455.0% in the third quarter. M&R Capital Management Inc. now owns 311 shares of the company’s stock worth $42,000 after buying an additional 291 shares in the last quarter. Fairfield Financial Advisors LTD purchased a new position in shares of iShares Select Dividend ETF during the 2nd quarter valued at $47,000. Finally, ORG Partners LLC boosted its position in shares of 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 acquiring an additional 375 shares during the last quarter. Institutional investors own 46.08% of the company’s stock.

iShares Select Dividend ETF Trading Up 0.7 %

Shares of NASDAQ:DVY opened at $129.42 on Tuesday. The company has a market cap of $19.70 billion, a price-to-earnings ratio of 13.25 and a beta of 0.87. iShares Select Dividend ETF has a 12 month low of $112.42 and a 12 month high of $144.09. The company has a 50-day moving average price of $136.17 and a 200 day moving average price of $132.55.

iShares Select Dividend ETF Cuts Dividend

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