iShares Select Dividend ETF (NASDAQ:DVY) Shares Bought by Procyon Advisors LLC

Procyon Advisors LLC grew its holdings in iShares Select Dividend ETF (NASDAQ:DVY) by 13.1% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 3,236 shares of the company’s stock after buying an additional 374 shares during the quarter. Procyon Advisors LLC’s holdings in iShares Select Dividend ETF were worth $425,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of the business. NewEdge Advisors LLC boosted its stake in iShares Select Dividend ETF by 5.6% during the second quarter. NewEdge Advisors LLC now owns 75,747 shares of the company’s stock worth $9,164,000 after buying an additional 4,031 shares during the last quarter. JPMorgan Chase & Co. boosted its position in shares of iShares Select Dividend ETF by 0.5% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,380,841 shares of the company’s stock valued at $186,510,000 after acquiring an additional 7,012 shares during the last quarter. Sequoia Financial Advisors LLC grew its holdings in shares of iShares Select Dividend ETF by 2.2% in the third quarter. Sequoia Financial Advisors LLC now owns 47,836 shares of the company’s stock valued at $6,461,000 after purchasing an additional 1,041 shares during the period. Global Retirement Partners LLC increased its position in iShares Select Dividend ETF by 12.0% during the third quarter. Global Retirement Partners LLC now owns 4,232 shares of the company’s stock worth $572,000 after purchasing an additional 455 shares during the last quarter. Finally, ORG Partners LLC raised its stake in iShares Select Dividend ETF by 331.9% during the fourth quarter. ORG Partners LLC now owns 488 shares of the company’s stock worth $64,000 after purchasing an additional 375 shares during the period. 46.08% of the stock is owned by hedge funds and other institutional investors.

iShares Select Dividend ETF Price Performance

iShares Select Dividend ETF stock opened at $134.80 on Friday. The firm has a 50 day simple moving average of $135.84 and a 200-day simple moving average of $132.81. The stock has a market cap of $20.47 billion, a price-to-earnings ratio of 13.25 and a beta of 0.87. iShares Select Dividend ETF has a 1-year low of $112.42 and a 1-year high of $144.09.

iShares Select Dividend ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Friday, December 20th. Shareholders of record on Tuesday, December 17th were paid a dividend of $1.3164 per share. 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.