Marcum Wealth LLC Makes New Investment in iShares Select Dividend ETF (NASDAQ:DVY)

Marcum Wealth LLC acquired a new stake in iShares Select Dividend ETF (NASDAQ:DVY) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 8,062 shares of the company’s stock, valued at approximately $1,058,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. ORG Wealth Partners LLC purchased a new stake in iShares Select Dividend ETF in the 3rd quarter worth about $36,000. JDM Financial Group LLC grew its stake in shares of iShares Select Dividend ETF by 33.3% during 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 last quarter. M&R Capital Management Inc. raised its holdings in shares of iShares Select Dividend ETF by 1,455.0% in 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 during the period. Fairfield Financial Advisors LTD bought a new stake in shares of iShares Select Dividend ETF during the 2nd quarter worth approximately $47,000. Finally, ORG Partners LLC boosted its holdings in 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. Hedge funds and other institutional investors own 46.08% of the company’s stock.

iShares Select Dividend ETF Stock Up 0.7 %

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

iShares Select Dividend ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Friday, December 20th. Shareholders of record on Tuesday, December 17th were paid 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.