2,600 Shares in iShares Select Dividend ETF (NASDAQ:DVY) Purchased by Grandview Asset Management LLC

Grandview Asset Management LLC acquired a new position in iShares Select Dividend ETF (NASDAQ:DVY) in the fourth quarter, Holdings Channel reports. The fund acquired 2,600 shares of the company’s stock, valued at approximately $341,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. ORG Wealth Partners LLC bought a new position in iShares Select Dividend ETF during the third quarter valued at about $36,000. JDM Financial Group LLC boosted its stake in 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 acquiring an additional 75 shares during the last quarter. M&R Capital Management Inc. grew its position in shares of iShares Select Dividend ETF by 1,455.0% during the 3rd quarter. M&R Capital Management Inc. now owns 311 shares of the company’s stock valued at $42,000 after acquiring an additional 291 shares during the period. Fairfield Financial Advisors LTD purchased a new stake in shares of iShares Select Dividend ETF during the 2nd quarter worth approximately $47,000. Finally, ORG Partners LLC raised its holdings in shares of iShares Select Dividend ETF by 331.9% in the 4th quarter. ORG Partners LLC now owns 488 shares of the company’s stock worth $64,000 after purchasing an additional 375 shares during the period. Hedge funds and other institutional investors own 46.08% of the company’s stock.

iShares Select Dividend ETF Trading Up 0.7 %

iShares Select Dividend ETF stock opened at $129.42 on Tuesday. The business’s 50 day simple moving average is $136.17 and its 200 day simple moving average is $132.55. iShares Select Dividend ETF has a 12 month low of $112.42 and a 12 month high of $144.09. The company has a market cap of $19.70 billion, a price-to-earnings ratio of 13.25 and a beta of 0.87.

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 given a dividend of $1.3164 per share. The ex-dividend date of this dividend 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.