Financial Life Planners Takes $58,000 Position in iShares Select Dividend ETF (NASDAQ:DVY)

Financial Life Planners bought a new position in iShares Select Dividend ETF (NASDAQ:DVY) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 444 shares of the company’s stock, valued at approximately $58,000.

Several other hedge funds and other institutional investors have also bought and sold shares of DVY. Thurston Springer Miller Herd & Titak Inc. increased its holdings in iShares Select Dividend ETF by 340.9% during the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 194 shares of the company’s stock valued at $25,000 after purchasing an additional 150 shares during the period. ORG Wealth Partners LLC purchased a new position in shares of iShares Select Dividend ETF during the third quarter valued at approximately $36,000. JDM Financial Group LLC raised its holdings 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 acquiring an additional 75 shares in the last quarter. ORG Partners LLC lifted its stake in iShares Select Dividend ETF by 331.9% in the fourth 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. Finally, Richardson Financial Services Inc. lifted its stake in iShares Select Dividend ETF by 17.9% in the fourth quarter. Richardson Financial Services Inc. now owns 494 shares of the company’s stock worth $65,000 after acquiring an additional 75 shares during the period. Hedge funds and other institutional investors own 46.08% of the company’s stock.

iShares Select Dividend ETF Trading Down 0.7 %

Shares of iShares Select Dividend ETF stock opened at $134.75 on Monday. The company’s fifty day simple moving average is $135.03 and its two-hundred day simple moving average is $133.73. 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 $20.06 billion, a P/E ratio of 13.25 and a beta of 0.87.

iShares Select Dividend ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Friday, December 20th. Investors 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 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.