SouthState Corp Has $659,000 Stake in iShares Select Dividend ETF (NASDAQ:DVY)

SouthState Corp lowered its position in iShares Select Dividend ETF (NASDAQ:DVY) by 13.5% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 5,622 shares of the company’s stock after selling 879 shares during the quarter. SouthState Corp’s holdings in iShares Select Dividend ETF were worth $659,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently made changes to their positions in DVY. GAMMA Investing LLC bought a new stake in iShares Select Dividend ETF in the fourth quarter valued at approximately $27,000. Parkside Financial Bank & Trust boosted its holdings in iShares Select Dividend ETF by 91.2% in the fourth quarter. Parkside Financial Bank & Trust now owns 390 shares of the company’s stock valued at $46,000 after acquiring an additional 186 shares during the last quarter. JNBA Financial Advisors boosted its holdings in iShares Select Dividend ETF by 26.6% in the third quarter. JNBA Financial Advisors now owns 448 shares of the company’s stock valued at $48,000 after acquiring an additional 94 shares during the last quarter. Fortitude Family Office LLC bought a new stake in iShares Select Dividend ETF in the fourth quarter valued at approximately $57,000. Finally, Financial Connections Group Inc. bought a new stake in iShares Select Dividend ETF in the fourth quarter valued at approximately $58,000. Institutional investors and hedge funds own 46.08% of the company’s stock.

iShares Select Dividend ETF Stock Performance

Shares of iShares Select Dividend ETF stock traded up $0.56 on Friday, reaching $121.24. 357,584 shares of the company’s stock were exchanged, compared to its average volume of 563,234. The company has a market capitalization of $18.43 billion, a P/E ratio of 12.98 and a beta of 0.87. iShares Select Dividend ETF has a 52 week low of $102.66 and a 52 week high of $123.43. The firm’s 50-day moving average is $119.47 and its two-hundred day moving average is $115.20.

iShares Select Dividend ETF Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, March 27th. Shareholders of record on Friday, March 22nd were issued a dividend of $0.9976 per share. This represents a $3.99 dividend on an annualized basis and a dividend yield of 3.29%. The ex-dividend date of this dividend was Thursday, March 21st.

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.