Flywheel Private Wealth LLC Buys New Stake in iShares Select Dividend ETF (NASDAQ:DVY)

Flywheel Private Wealth LLC purchased a new position in iShares Select Dividend ETF (NASDAQ:DVY) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 5,294 shares of the company’s stock, valued at approximately $695,000. iShares Select Dividend ETF comprises approximately 0.6% of Flywheel Private Wealth LLC’s investment portfolio, making the stock its 27th biggest position.

A number of other large investors have also made changes to their positions in the business. International Assets Investment Management LLC increased its holdings in shares of iShares Select Dividend ETF by 17,525.9% during the third quarter. International Assets Investment Management LLC now owns 4,372,993 shares of the company’s stock valued at $590,660,000 after acquiring an additional 4,348,183 shares in the last quarter. LPL Financial LLC grew its position in iShares Select Dividend ETF by 4.6% during the 3rd quarter. LPL Financial LLC now owns 1,465,825 shares of the company’s stock worth $197,989,000 after purchasing an additional 64,620 shares during the last quarter. JPMorgan Chase & Co. increased its stake in 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 purchasing an additional 7,012 shares in the last quarter. Raymond James & Associates raised its holdings in shares of iShares Select Dividend ETF by 2.9% in the third quarter. Raymond James & Associates now owns 584,439 shares of the company’s stock worth $78,940,000 after buying an additional 16,512 shares during the last quarter. Finally, Rockefeller Capital Management L.P. lifted its stake in shares of iShares Select Dividend ETF by 0.5% during the third quarter. Rockefeller Capital Management L.P. now owns 403,745 shares of the company’s stock worth $54,510,000 after buying an additional 2,072 shares during the period. 46.08% of the stock is owned by institutional investors and hedge funds.

iShares Select Dividend ETF Price Performance

NASDAQ DVY opened at $132.80 on Thursday. The company has a market cap of $20.22 billion, a price-to-earnings ratio of 13.25 and a beta of 0.87. The stock’s fifty day moving average price is $136.10 and its 200 day moving average price is $132.62. 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 company also recently disclosed a dividend, which was paid on Friday, December 20th. Stockholders of record on Tuesday, December 17th were issued a $1.3164 dividend. 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.