Fairvoy Private Wealth LLC Invests $359,000 in iShares Select Dividend ETF (NASDAQ:DVY)

Fairvoy Private Wealth LLC bought a new stake in shares of iShares Select Dividend ETF (NASDAQ:DVY) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 2,734 shares of the company’s stock, valued at approximately $359,000.

A number of other large investors also recently added to or reduced their stakes in DVY. Brookstone Capital Management increased its holdings in shares of iShares Select Dividend ETF by 20.8% in the 3rd quarter. Brookstone Capital Management now owns 3,072 shares of the company’s stock valued at $415,000 after acquiring an additional 528 shares during the period. Watts Gwilliam & Co. LLC purchased a new position in iShares Select Dividend ETF in the third quarter valued at about $1,584,000. JGP Wealth Management LLC grew its stake in iShares Select Dividend ETF by 1.8% in the third quarter. JGP Wealth Management LLC now owns 77,547 shares of the company’s stock valued at $10,474,000 after purchasing an additional 1,392 shares during the last quarter. Asio Capital LLC bought a new position in iShares Select Dividend ETF in the third quarter worth about $203,000. Finally, Next Level Private LLC lifted its position in shares of iShares Select Dividend ETF by 276.8% during the third quarter. Next Level Private LLC now owns 7,087 shares of the company’s stock valued at $957,000 after buying an additional 5,206 shares during the last quarter. Hedge funds and other institutional investors own 46.08% of the company’s stock.

iShares Select Dividend ETF Stock Down 0.6 %

Shares of iShares Select Dividend ETF stock opened at $134.10 on Friday. iShares Select Dividend ETF has a 52-week low of $112.42 and a 52-week high of $144.09. The firm’s 50 day moving average price is $134.33 and its 200-day moving average price is $133.84. The company has a market cap of $19.93 billion, a P/E ratio of 13.25 and a beta of 0.87.

iShares Select Dividend ETF Cuts Dividend

The firm 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 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.