Signet Financial Management LLC Has $1.13 Million Stake in iShares Select Dividend ETF (NASDAQ:DVY)

Signet Financial Management LLC increased its position in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 1.5% in the fourth quarter, Holdings Channel reports. The institutional investor owned 8,599 shares of the company’s stock after buying an additional 128 shares during the period. Signet Financial Management LLC’s holdings in iShares Select Dividend ETF were worth $1,129,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of DVY. ORG Wealth Partners LLC bought a new stake in iShares Select Dividend ETF in the 3rd quarter valued at about $36,000. JDM Financial Group LLC boosted its stake in shares of iShares Select Dividend ETF by 33.3% in the third quarter. JDM Financial Group LLC now owns 300 shares of the company’s stock valued at $41,000 after buying an additional 75 shares during the period. M&R Capital Management Inc. grew its position in iShares Select Dividend ETF by 1,455.0% during the third quarter. M&R Capital Management Inc. now owns 311 shares of the company’s stock worth $42,000 after buying an additional 291 shares in the last quarter. Fairfield Financial Advisors LTD acquired a new stake in iShares Select Dividend ETF during the second quarter worth approximately $47,000. Finally, ORG Partners LLC increased its stake in iShares Select Dividend ETF by 331.9% during the 4th quarter. ORG Partners LLC now owns 488 shares of the company’s stock worth $64,000 after acquiring an additional 375 shares during the period. Institutional investors and hedge funds own 46.08% of the company’s stock.

iShares Select Dividend ETF Stock Up 0.7 %

Shares of NASDAQ:DVY traded up $0.84 during trading on Monday, reaching $129.42. 532,698 shares of the company traded hands, compared to its average volume of 535,900. The firm has a market capitalization of $19.70 billion, a PE ratio of 13.25 and a beta of 0.87. iShares Select Dividend ETF has a 52 week low of $112.42 and a 52 week high of $144.09. The company’s 50 day moving average is $136.25 and its two-hundred day moving average is $132.48.

iShares Select Dividend ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Friday, December 20th. Shareholders of record on Tuesday, December 17th were paid a dividend of $1.3164 per share. 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.