Wealthcare Capital Partners LLC Makes New $244,000 Investment in iShares Select Dividend ETF (NASDAQ:DVY)

Wealthcare Capital Partners LLC acquired a new position in iShares Select Dividend ETF (NASDAQ:DVY) in the fourth quarter, Holdings Channel reports. The fund acquired 1,856 shares of the company’s stock, valued at approximately $244,000.

A number of other institutional investors have also added to or reduced their stakes in the company. Brookstone Capital Management grew its holdings in iShares Select Dividend ETF by 20.8% in the 3rd quarter. Brookstone Capital Management now owns 3,072 shares of the company’s stock worth $415,000 after acquiring an additional 528 shares during the last quarter. Ritholtz Wealth Management grew its stake in shares of iShares Select Dividend ETF by 33.7% in the third quarter. Ritholtz Wealth Management now owns 2,678 shares of the company’s stock worth $362,000 after acquiring an additional 675 shares during the period. Carnegie Investment Counsel grew its position in iShares Select Dividend ETF by 2.9% during the third quarter. Carnegie Investment Counsel now owns 12,410 shares of the company’s stock valued at $1,676,000 after buying an additional 350 shares during the period. Thomasville National Bank lifted its holdings in iShares Select Dividend ETF by 4.3% during the third quarter. Thomasville National Bank now owns 7,347 shares of the company’s stock valued at $992,000 after purchasing an additional 300 shares in the last quarter. Finally, ORG Wealth Partners LLC bought a new position in shares of iShares Select Dividend ETF during the third quarter worth $36,000. 46.08% of the stock is owned by institutional investors.

iShares Select Dividend ETF Price Performance

DVY stock opened at $134.38 on Tuesday. The company has a market capitalization of $19.98 billion, a PE ratio of 13.25 and a beta of 0.87. The firm’s 50-day moving average is $134.14 and its 200 day moving average is $133.98. iShares Select Dividend ETF has a 12 month low of $112.42 and a 12 month high of $144.09.

iShares Select Dividend ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Friday, December 20th. Stockholders of record on Tuesday, December 17th were issued a dividend of $1.3164 per share. The ex-dividend date 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.