Crescent Grove Advisors LLC Sells 22,840 Shares of iShares Emerging Markets Dividend ETF (NYSEARCA:DVYE)

Crescent Grove Advisors LLC cut its stake in shares of iShares Emerging Markets Dividend ETF (NYSEARCA:DVYE) by 19.6% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 93,503 shares of the company’s stock after selling 22,840 shares during the quarter. Crescent Grove Advisors LLC owned approximately 0.37% of iShares Emerging Markets Dividend ETF worth $2,477,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of DVYE. Janney Montgomery Scott LLC lifted its stake in shares of iShares Emerging Markets Dividend ETF by 18.9% in the third quarter. Janney Montgomery Scott LLC now owns 66,292 shares of the company’s stock valued at $1,579,000 after buying an additional 10,524 shares in the last quarter. Fortitude Family Office LLC purchased a new stake in shares of iShares Emerging Markets Dividend ETF in the fourth quarter valued at about $145,000. Lowe Wealth Advisors LLC raised its holdings in shares of iShares Emerging Markets Dividend ETF by 8.8% in the fourth quarter. Lowe Wealth Advisors LLC now owns 10,165 shares of the company’s stock valued at $269,000 after purchasing an additional 825 shares during the last quarter. Argent Advisors Inc. raised its holdings in shares of iShares Emerging Markets Dividend ETF by 15.4% in the third quarter. Argent Advisors Inc. now owns 206,047 shares of the company’s stock valued at $4,908,000 after purchasing an additional 27,534 shares during the last quarter. Finally, Baird Financial Group Inc. raised its holdings in shares of iShares Emerging Markets Dividend ETF by 1.1% in the second quarter. Baird Financial Group Inc. now owns 41,501 shares of the company’s stock valued at $1,017,000 after purchasing an additional 446 shares during the last quarter.

iShares Emerging Markets Dividend ETF Price Performance

Shares of DVYE stock traded down $0.08 on Monday, hitting $26.38. The stock had a trading volume of 86,541 shares, compared to its average volume of 88,762. The business has a 50 day moving average of $26.43 and a 200 day moving average of $25.58. The stock has a market cap of $670.05 million, a price-to-earnings ratio of 3.32 and a beta of 0.78. iShares Emerging Markets Dividend ETF has a 12-month low of $22.86 and a 12-month high of $27.19.

iShares Emerging Markets Dividend ETF Company Profile

The iShares Emerging Markets Dividend ETF (DVYE) is an exchange-traded fund that mostly invests in high dividend yield equity. The fund tracks a dividend-weighted index of high-dividend-paying emerging markets companies. DVYE was launched on Feb 23, 2012 and is managed by BlackRock.