Mission Wealth Management LP Acquires 931 Shares of iShares Select Dividend ETF (NASDAQ:DVY)

Mission Wealth Management LP grew its stake in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 4.1% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 23,910 shares of the company’s stock after purchasing an additional 931 shares during the quarter. Mission Wealth Management LP’s holdings in iShares Select Dividend ETF were worth $3,139,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in DVY. Stephens Inc. AR grew its stake in iShares Select Dividend ETF by 4.4% in the 3rd quarter. Stephens Inc. AR now owns 20,413 shares of the company’s stock worth $2,757,000 after acquiring an additional 868 shares in the last quarter. Nvwm LLC boosted its holdings in shares of iShares Select Dividend ETF by 18.0% in the third quarter. Nvwm LLC now owns 1,495 shares of the company’s stock valued at $202,000 after purchasing an additional 228 shares during the period. Forum Financial Management LP bought a new position in iShares Select Dividend ETF in the third quarter worth approximately $247,000. QRG Capital Management Inc. increased its holdings in iShares Select Dividend ETF by 2.4% during the 3rd 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 period. Finally, United Advisor Group LLC purchased a new position in iShares Select Dividend ETF during the 3rd quarter worth $305,000. 46.08% of the stock is currently owned by institutional investors.

iShares Select Dividend ETF Trading Down 0.5 %

Shares of DVY stock opened at $137.45 on Tuesday. iShares Select Dividend ETF has a twelve month low of $115.43 and a twelve month high of $144.09. The stock has a fifty day simple moving average of $134.12 and a two-hundred day simple moving average of $134.99. The stock has a market capitalization of $20.43 billion, a price-to-earnings ratio of 16.35 and a beta of 0.87.

iShares Select Dividend ETF Cuts Dividend

The firm also recently disclosed 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 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.