iShares Select Dividend ETF (NASDAQ:DVY) Shares Bought by Titleist Asset Management LLC

Titleist Asset Management LLC raised its stake in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 16.0% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 8,188 shares of the company’s stock after acquiring an additional 1,132 shares during the period. Titleist Asset Management LLC’s holdings in iShares Select Dividend ETF were worth $1,075,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also modified their holdings of the company. Thurston Springer Miller Herd & Titak Inc. increased its holdings in iShares Select Dividend ETF by 340.9% in the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 194 shares of the company’s stock valued at $25,000 after buying an additional 150 shares in the last quarter. Transamerica Financial Advisors Inc. acquired a new position in iShares Select Dividend ETF in the 4th quarter worth about $27,000. Creative Capital Management Investments LLC purchased a new position in iShares Select Dividend ETF during the fourth quarter worth approximately $33,000. Roxbury Financial LLC acquired a new stake in iShares Select Dividend ETF in the fourth quarter valued at approximately $38,000. Finally, Millstone Evans Group LLC acquired a new position in shares of iShares Select Dividend ETF during the 4th quarter worth approximately $36,000. Institutional investors and hedge funds own 46.08% of the company’s stock.

iShares Select Dividend ETF Stock Performance

iShares Select Dividend ETF stock opened at $122.07 on Monday. The stock has a market capitalization of $18.20 billion, a P/E ratio of 14.65 and a beta of 0.78. The company’s fifty day moving average price is $134.31 and its 200 day moving average price is $135.02. iShares Select Dividend ETF has a 1 year low of $115.43 and a 1 year high of $144.09.

iShares Select Dividend ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Friday, March 21st. Investors of record on Tuesday, March 18th were paid a $1.0495 dividend. The ex-dividend date was Tuesday, March 18th.

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.