3,640 Shares in iShares Select Dividend ETF (NASDAQ:DVY) Purchased by Ocean Park Asset Management LLC

Ocean Park Asset Management LLC acquired a new stake in shares of iShares Select Dividend ETF (NASDAQ:DVY) during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 3,640 shares of the company’s stock, valued at approximately $478,000.

Several other large investors also recently modified their holdings of the stock. Thurston Springer Miller Herd & Titak Inc. lifted 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 last quarter. ORG Wealth Partners LLC acquired a new stake in shares of iShares Select Dividend ETF during the third quarter worth approximately $36,000. JDM Financial Group LLC raised its stake in shares of iShares Select Dividend ETF by 33.3% in 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 during the last quarter. Weaver Capital Management LLC bought a new position in shares of iShares Select Dividend ETF in the fourth quarter valued at approximately $43,000. Finally, Newbridge Financial Services Group Inc. acquired a new position in shares of iShares Select Dividend ETF in the 4th quarter worth approximately $52,000. 46.08% of the stock is currently owned by institutional investors.

iShares Select Dividend ETF Price Performance

DVY stock opened at $134.38 on Tuesday. The business has a fifty day moving average price of $134.14 and a 200 day moving average price of $133.98. iShares Select Dividend ETF has a fifty-two week low of $112.42 and a fifty-two week high of $144.09. The stock has a market capitalization of $19.98 billion, a price-to-earnings ratio of 13.25 and a beta of 0.87.

iShares Select Dividend ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Friday, December 20th. Stockholders 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.