1,084 Shares in iShares Select Dividend ETF (NASDAQ:DVY) Acquired by Synergy Investment Management LLC

Synergy Investment Management LLC bought a new position in iShares Select Dividend ETF (NASDAQ:DVY) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 1,084 shares of the company’s stock, valued at approximately $142,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in the business. Thurston Springer Miller Herd & Titak Inc. raised its holdings in shares of iShares Select Dividend ETF by 340.9% during the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 194 shares of the company’s stock valued at $25,000 after acquiring an additional 150 shares during the period. Creative Capital Management Investments LLC acquired a new stake in shares of iShares Select Dividend ETF during the fourth quarter valued at approximately $33,000. Roxbury Financial LLC acquired a new stake in shares of iShares Select Dividend ETF during the fourth quarter valued at approximately $38,000. JDM Financial Group LLC raised its holdings in shares of iShares Select Dividend ETF by 33.3% during the third quarter. JDM Financial Group LLC now owns 300 shares of the company’s stock valued at $41,000 after acquiring an additional 75 shares during the period. Finally, Weaver Capital Management LLC acquired a new stake in shares of iShares Select Dividend ETF during the fourth quarter valued at approximately $43,000. 46.08% of the stock is currently owned by institutional investors.

iShares Select Dividend ETF Price Performance

DVY stock opened at $133.72 on Wednesday. The firm has a market capitalization of $19.88 billion, a P/E ratio of 16.35 and a beta of 0.87. The company’s 50 day simple moving average is $134.14 and its 200-day simple moving average is $135.02. iShares Select Dividend ETF has a 52-week low of $115.43 and a 52-week high of $144.09.

iShares Select Dividend ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Friday, December 20th. Shareholders 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.