2,030 Shares in iShares Select Dividend ETF (NASDAQ:DVY) Acquired by Cove Private Wealth LLC

Cove Private Wealth LLC purchased a new stake in iShares Select Dividend ETF (NASDAQ:DVY) in the 4th quarter, HoldingsChannel.com reports. The fund purchased 2,030 shares of the company’s stock, valued at approximately $267,000.

Other large investors also recently added to or reduced their stakes in the company. Edgestream Partners L.P. purchased a new position in iShares Select Dividend ETF in the 2nd quarter worth $223,000. Hsbc Holdings PLC increased its holdings in shares of iShares Select Dividend ETF by 84.7% in the second quarter. Hsbc Holdings PLC now owns 25,554 shares of the company’s stock worth $3,092,000 after buying an additional 11,722 shares during the period. Ieq Capital LLC lifted its stake in shares of iShares Select Dividend ETF by 1.1% in the 2nd quarter. Ieq Capital LLC now owns 26,282 shares of the company’s stock valued at $3,180,000 after acquiring an additional 292 shares during the last quarter. Hancock Whitney Corp boosted its holdings in iShares Select Dividend ETF by 1.0% during the 2nd quarter. Hancock Whitney Corp now owns 28,281 shares of the company’s stock valued at $3,421,000 after acquiring an additional 291 shares during the period. Finally, 1832 Asset Management L.P. purchased a new stake in iShares Select Dividend ETF during the 2nd quarter valued at about $73,000. Institutional investors own 46.08% of the company’s stock.

iShares Select Dividend ETF Price Performance

Shares of iShares Select Dividend ETF stock opened at $134.80 on Monday. iShares Select Dividend ETF has a one year low of $112.42 and a one year high of $144.09. The business’s 50 day simple moving average is $135.84 and its two-hundred day simple moving average is $132.90. The stock has a market capitalization of $20.47 billion, a P/E ratio of 13.25 and a beta of 0.87.

iShares Select Dividend ETF Cuts Dividend

The company also recently announced 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.

About iShares Select Dividend ETF

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.