Regatta Capital Group LLC Increases Stake in iShares Select Dividend ETF (NASDAQ:DVY)

Regatta Capital Group LLC increased its holdings in iShares Select Dividend ETF (NASDAQ:DVY) by 6.7% during the fourth quarter, Holdings Channel.com reports. The firm owned 3,965 shares of the company’s stock after acquiring an additional 250 shares during the quarter. Regatta Capital Group LLC’s holdings in iShares Select Dividend ETF were worth $521,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in the business. International Assets Investment Management LLC grew its stake in shares of iShares Select Dividend ETF by 17,525.9% during the third quarter. International Assets Investment Management LLC now owns 4,372,993 shares of the company’s stock valued at $590,660,000 after buying an additional 4,348,183 shares during the last quarter. LPL Financial LLC grew its position in iShares Select Dividend ETF by 4.6% during the 3rd quarter. LPL Financial LLC now owns 1,465,825 shares of the company’s stock worth $197,989,000 after acquiring an additional 64,620 shares during the last quarter. JPMorgan Chase & Co. increased its stake in iShares Select Dividend ETF by 0.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,380,841 shares of the company’s stock worth $186,510,000 after purchasing an additional 7,012 shares during the period. Raymond James & Associates lifted its position in iShares Select Dividend ETF by 2.9% in the third quarter. Raymond James & Associates now owns 584,439 shares of the company’s stock valued at $78,940,000 after purchasing an additional 16,512 shares during the last quarter. Finally, Rockefeller Capital Management L.P. boosted its stake in shares of iShares Select Dividend ETF by 0.5% during the third quarter. Rockefeller Capital Management L.P. now owns 403,745 shares of the company’s stock valued at $54,510,000 after purchasing an additional 2,072 shares during the period. 46.08% of the stock is owned by institutional investors.

iShares Select Dividend ETF Stock Up 0.6 %

Shares of NASDAQ DVY opened at $135.10 on Friday. The firm’s fifty day moving average is $135.50 and its 200 day moving average is $133.23. iShares Select Dividend ETF has a 52 week low of $112.42 and a 52 week high of $144.09. The company has a market cap of $20.24 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 disclosed a dividend, which was paid on Friday, December 20th. Shareholders of record on Tuesday, December 17th were given a $1.3164 dividend. The ex-dividend date of this dividend was Tuesday, December 17th.

iShares Select Dividend ETF 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.