Graves Light Lenhart Wealth Inc. Has $4.02 Million Stock Holdings in iShares Select Dividend ETF (NASDAQ:DVY)

Graves Light Lenhart Wealth Inc. boosted its holdings in iShares Select Dividend ETF (NASDAQ:DVY) by 0.7% during the 4th quarter, according to its most recent disclosure with the Securities & 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 reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. NewEdge Advisors LLC increased its position in iShares Select Dividend ETF by 5.6% in the 2nd quarter. NewEdge Advisors LLC now owns 75,747 shares of the company’s stock valued at $9,164,000 after acquiring an additional 4,031 shares during the period. JPMorgan Chase & Co. raised its position in shares of iShares Select Dividend ETF by 0.5% during the third quarter. JPMorgan Chase & Co. now owns 1,380,841 shares of the company’s stock worth $186,510,000 after acquiring an additional 7,012 shares during the last quarter. Sequoia Financial Advisors LLC lifted its stake in shares of iShares Select Dividend ETF by 2.2% in the third quarter. Sequoia Financial Advisors LLC now owns 47,836 shares of the company’s stock worth $6,461,000 after acquiring an additional 1,041 shares during the period. Global Retirement Partners LLC increased its position in iShares Select Dividend ETF by 12.0% during the 3rd quarter. Global Retirement Partners LLC now owns 4,232 shares of the company’s stock valued at $572,000 after purchasing an additional 455 shares during the period. Finally, ORG Partners LLC raised its holdings in iShares Select Dividend ETF by 331.9% during the 4th quarter. ORG Partners LLC now owns 488 shares of the company’s stock worth $64,000 after purchasing an additional 375 shares during the last quarter. Institutional investors own 46.08% of the company’s stock.

iShares Select Dividend ETF Stock Performance

NASDAQ:DVY opened at $129.42 on Tuesday. iShares Select Dividend ETF has a 52 week low of $112.42 and a 52 week high of $144.09. The firm’s fifty day moving average is $136.17 and its 200-day moving average is $132.55. The firm has a market cap of $19.70 billion, a P/E ratio of 13.25 and a beta of 0.87.

iShares Select Dividend ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Friday, December 20th. Shareholders of record on Tuesday, December 17th were issued a dividend of $1.3164 per share. 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.