iShares Select Dividend ETF (NASDAQ:DVY) is Shulman DeMeo Asset Management LLC’s 8th Largest Position

Shulman DeMeo Asset Management LLC trimmed its holdings in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 4.7% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 30,543 shares of the company’s stock after selling 1,498 shares during the period. iShares Select Dividend ETF makes up about 1.1% of Shulman DeMeo Asset Management LLC’s investment portfolio, making the stock its 8th largest holding. Shulman DeMeo Asset Management LLC’s holdings in iShares Select Dividend ETF were worth $4,010,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. International Assets Investment Management LLC grew its stake in shares of iShares Select Dividend ETF by 17,525.9% in the third quarter. International Assets Investment Management LLC now owns 4,372,993 shares of the company’s stock worth $590,660,000 after acquiring an additional 4,348,183 shares during the period. LPL Financial LLC raised its stake in iShares Select Dividend ETF by 4.6% during the 3rd quarter. LPL Financial LLC now owns 1,465,825 shares of the company’s stock valued at $197,989,000 after buying an additional 64,620 shares during the last quarter. JPMorgan Chase & Co. lifted its holdings in shares of iShares Select Dividend ETF by 0.5% during 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 during the period. Raymond James & Associates lifted its holdings in shares of iShares Select Dividend ETF by 2.9% during the 3rd quarter. Raymond James & Associates now owns 584,439 shares of the company’s stock valued at $78,940,000 after buying an additional 16,512 shares during the period. Finally, Rockefeller Capital Management L.P. boosted its stake in shares of iShares Select Dividend ETF by 0.5% in the 3rd quarter. Rockefeller Capital Management L.P. now owns 403,745 shares of the company’s stock worth $54,510,000 after buying an additional 2,072 shares during the last quarter. Institutional investors own 46.08% of the company’s stock.

iShares Select Dividend ETF Stock Performance

iShares Select Dividend ETF stock opened at $133.92 on Friday. The stock has a market cap of $20.34 billion, a PE ratio of 13.25 and a beta of 0.87. The stock has a fifty day moving average of $135.98 and a 200 day moving average of $132.62. iShares Select Dividend ETF has a one year low of $112.42 and a one year high of $144.09.

iShares Select Dividend ETF Cuts Dividend

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