Gilman Hill Asset Management LLC Has $6.82 Million Stock Position in iShares Select Dividend ETF $DVY

Gilman Hill Asset Management LLC lifted its position in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 2,188.6% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 48,290 shares of the company’s stock after acquiring an additional 46,180 shares during the quarter. Gilman Hill Asset Management LLC’s holdings in iShares Select Dividend ETF were worth $6,816,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. Laurel Wealth Advisors LLC boosted its holdings in iShares Select Dividend ETF by 13,158.9% in the second quarter. Laurel Wealth Advisors LLC now owns 1,897,610 shares of the company’s stock valued at $252,022,000 after acquiring an additional 1,883,298 shares during the last quarter. Bank of America Corp DE increased its position in iShares Select Dividend ETF by 3.3% in the third quarter. Bank of America Corp DE now owns 8,096,893 shares of the company’s stock worth $1,150,568,000 after purchasing an additional 256,434 shares during the period. Orion Porfolio Solutions LLC raised its holdings in iShares Select Dividend ETF by 526.0% during the 2nd quarter. Orion Porfolio Solutions LLC now owns 181,391 shares of the company’s stock worth $24,091,000 after purchasing an additional 152,417 shares during the last quarter. UBS Group AG raised its holdings in iShares Select Dividend ETF by 10.0% during the 3rd quarter. UBS Group AG now owns 1,155,033 shares of the company’s stock worth $164,130,000 after purchasing an additional 104,866 shares during the last quarter. Finally, CIBC Bancorp USA Inc. acquired a new position in iShares Select Dividend ETF during the 3rd quarter valued at about $8,718,000. Institutional investors own 46.08% of the company’s stock.

iShares Select Dividend ETF Trading Up 0.9%

iShares Select Dividend ETF stock opened at $148.98 on Wednesday. The company has a market cap of $21.73 billion, a PE ratio of 13.69 and a beta of 0.77. iShares Select Dividend ETF has a 1 year low of $115.94 and a 1 year high of $160.38. The company’s 50-day moving average is $152.24 and its two-hundred day moving average is $145.28.

iShares Select Dividend ETF Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, March 20th. Investors of record on Tuesday, March 17th were paid a dividend of $1.1493 per share. This represents a $4.60 dividend on an annualized basis and a dividend yield of 3.1%. The ex-dividend date of this dividend was Tuesday, March 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. The Index consists of 100 of the highest dividend-yielding securities (excluding real estate investment trusts (REITs) in the Dow Jones U.S.