iShares Select Dividend ETF (NASDAQ:DVY) Shares Acquired by Grimes & Company Inc.

Grimes & Company Inc. grew its stake in iShares Select Dividend ETF (NASDAQ:DVY) by 3.2% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 9,353 shares of the company’s stock after purchasing an additional 293 shares during the period. Grimes & Company Inc.’s holdings in iShares Select Dividend ETF were worth $1,228,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also modified their holdings of the stock. Thurston Springer Miller Herd & Titak Inc. increased its stake in shares of iShares Select Dividend ETF by 340.9% in 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 in the last quarter. ORG Wealth Partners LLC purchased a new position in shares of iShares Select Dividend ETF in the 3rd quarter valued at about $36,000. JDM Financial Group LLC increased its stake in shares of iShares Select Dividend ETF by 33.3% in the 3rd quarter. JDM Financial Group LLC now owns 300 shares of the company’s stock valued at $41,000 after purchasing an additional 75 shares in the last quarter. M&R Capital Management Inc. increased its stake in shares of iShares Select Dividend ETF by 1,455.0% in the 3rd quarter. M&R Capital Management Inc. now owns 311 shares of the company’s stock valued at $42,000 after purchasing an additional 291 shares in the last quarter. Finally, ORG Partners LLC increased its stake in shares of iShares Select Dividend ETF by 331.9% in the 4th quarter. ORG Partners LLC now owns 488 shares of the company’s stock valued at $64,000 after purchasing an additional 375 shares in the last quarter. Institutional investors and hedge funds own 46.08% of the company’s stock.

iShares Select Dividend ETF Stock Up 0.6 %

Shares of iShares Select Dividend ETF stock opened at $135.10 on Friday. iShares Select Dividend ETF has a twelve month low of $112.42 and a twelve month high of $144.09. The business has a 50-day moving average price of $135.50 and a 200 day moving average price of $133.23. The firm has a market cap of $20.24 billion, a PE 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. Investors 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.