EWG Elevate Inc. Purchases New Shares in iShares Select Dividend ETF (NASDAQ:DVY)

EWG Elevate Inc. acquired a new stake in iShares Select Dividend ETF (NASDAQ:DVY) during the fourth quarter, HoldingsChannel reports. The fund acquired 24,509 shares of the company’s stock, valued at approximately $3,218,000.

Several other large investors have also recently added to or reduced their stakes in the company. Wealth Enhancement Advisory Services LLC boosted its stake in shares of iShares Select Dividend ETF by 2.1% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 156,559 shares of the company’s stock valued at $21,146,000 after buying an additional 3,294 shares during the period. ORG Partners LLC lifted its position in shares of iShares Select Dividend ETF by 331.9% during the 4th quarter. ORG Partners LLC now owns 488 shares of the company’s stock valued at $64,000 after acquiring an additional 375 shares during the period. Fulton Bank N.A. lifted its position in shares of iShares Select Dividend ETF by 20.4% during the 4th quarter. Fulton Bank N.A. now owns 26,935 shares of the company’s stock valued at $3,536,000 after acquiring an additional 4,568 shares during the period. Diversified Trust Co bought a new position in shares of iShares Select Dividend ETF in the fourth quarter worth $352,000. Finally, JPMorgan Chase & Co. raised its stake in iShares Select Dividend ETF by 0.5% in the third quarter. JPMorgan Chase & Co. now owns 1,380,841 shares of the company’s stock valued at $186,510,000 after purchasing an additional 7,012 shares in the last quarter. Institutional investors own 46.08% of the company’s stock.

iShares Select Dividend ETF Stock Down 1.8 %

DVY opened at $128.58 on Monday. The stock has a market capitalization of $19.58 billion, a price-to-earnings ratio of 13.25 and a beta of 0.87. iShares Select Dividend ETF has a twelve month low of $112.42 and a twelve month high of $144.09. The company has a 50-day simple moving average of $136.25 and a 200 day simple moving average of $132.48.

iShares Select Dividend ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Friday, December 20th. Stockholders of record on Tuesday, December 17th were issued a dividend of $1.3164 per share. The ex-dividend date was Tuesday, December 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.