1,723 Shares in iShares Select Dividend ETF (NASDAQ:DVY) Purchased by Ring Mountain Capital LLC

Ring Mountain Capital LLC bought a new position in shares of iShares Select Dividend ETF (NASDAQ:DVY) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 1,723 shares of the company’s stock, valued at approximately $226,000.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in DVY. Stephens Inc. AR lifted its stake in iShares Select Dividend ETF by 4.4% during the third quarter. Stephens Inc. AR now owns 20,413 shares of the company’s stock worth $2,757,000 after purchasing an additional 868 shares during the last quarter. Nvwm LLC lifted its stake in iShares Select Dividend ETF by 18.0% during the third quarter. Nvwm LLC now owns 1,495 shares of the company’s stock worth $202,000 after purchasing an additional 228 shares during the last quarter. Forum Financial Management LP bought a new stake in iShares Select Dividend ETF during the third quarter worth about $247,000. QRG Capital Management Inc. lifted its stake in iShares Select Dividend ETF by 2.4% during the third quarter. QRG Capital Management Inc. now owns 8,011 shares of the company’s stock worth $1,082,000 after purchasing an additional 189 shares during the last quarter. Finally, United Advisor Group LLC bought a new stake in iShares Select Dividend ETF during the third quarter worth about $305,000. 46.08% of the stock is currently owned by hedge funds and other institutional investors.

iShares Select Dividend ETF Trading Down 0.5 %

NASDAQ DVY opened at $137.45 on Tuesday. iShares Select Dividend ETF has a 1-year low of $115.43 and a 1-year high of $144.09. The stock has a 50-day moving average of $134.12 and a 200-day moving average of $134.99. The firm has a market cap of $20.43 billion, a PE ratio of 16.35 and a beta of 0.87.

iShares Select Dividend ETF Cuts Dividend

The business 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 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.