SouthState Corp Sells 365 Shares of iShares Select Dividend ETF (NASDAQ:DVY)

SouthState Corp lowered its stake in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 6.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,691 shares of the company’s stock after selling 365 shares during the quarter. SouthState Corp’s holdings in iShares Select Dividend ETF were worth $747,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. JPMorgan Chase & Co. boosted its holdings in shares of 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 buying an additional 7,012 shares in the last quarter. ORG Partners LLC boosted its stake in iShares Select Dividend ETF by 331.9% in the fourth quarter. ORG Partners LLC now owns 488 shares of the company’s stock valued at $64,000 after acquiring an additional 375 shares in the last quarter. Charles Schwab Investment Management Inc. grew its holdings in iShares Select Dividend ETF by 588.4% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 288,441 shares of the company’s stock worth $37,869,000 after purchasing an additional 246,540 shares during the last quarter. Regatta Capital Group LLC grew its holdings in iShares Select Dividend ETF by 6.7% in the fourth quarter. Regatta Capital Group LLC now owns 3,965 shares of the company’s stock worth $521,000 after purchasing an additional 250 shares during the last quarter. Finally, Fulton Bank N.A. increased its position in shares of iShares Select Dividend ETF by 20.4% during the fourth quarter. Fulton Bank N.A. now owns 26,935 shares of the company’s stock worth $3,536,000 after purchasing an additional 4,568 shares in the last quarter. Hedge funds and other institutional investors own 46.08% of the company’s stock.

iShares Select Dividend ETF Price Performance

Shares of DVY stock opened at $134.51 on Tuesday. The stock’s fifty day moving average price is $134.36 and its 200 day moving average price is $135.10. iShares Select Dividend ETF has a 1-year low of $115.43 and a 1-year high of $144.09. The company has a market cap of $19.99 billion, a price-to-earnings ratio of 16.35 and a beta of 0.87.

iShares Select Dividend ETF 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.