2,600 Shares in iShares Select Dividend ETF (NASDAQ:DVY) Bought by Grandview Asset Management LLC

Grandview Asset Management LLC purchased a new stake in iShares Select Dividend ETF (NASDAQ:DVY) in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund purchased 2,600 shares of the company’s stock, valued at approximately $341,000.

Several other institutional investors have also recently made changes to their positions in the stock. Brown Brothers Harriman & Co. grew its position in iShares Select Dividend ETF by 11.4% in the 2nd quarter. Brown Brothers Harriman & Co. now owns 5,339 shares of the company’s stock valued at $646,000 after purchasing an additional 545 shares during the period. Fairfield Financial Advisors LTD acquired a new position in iShares Select Dividend ETF during the second quarter worth $47,000. Wealth Dimensions Group Ltd. lifted its stake in shares of iShares Select Dividend ETF by 2.7% in the second quarter. Wealth Dimensions Group Ltd. now owns 5,725 shares of the company’s stock valued at $693,000 after buying an additional 152 shares in the last quarter. One Capital Management LLC grew its holdings in shares of iShares Select Dividend ETF by 72.0% during the second quarter. One Capital Management LLC now owns 3,910 shares of the company’s stock valued at $473,000 after buying an additional 1,637 shares during the last quarter. Finally, Citizens Financial Group Inc. RI increased its position in shares of iShares Select Dividend ETF by 6.8% during the second quarter. Citizens Financial Group Inc. RI now owns 57,160 shares of the company’s stock worth $6,915,000 after acquiring an additional 3,652 shares in the last quarter. Institutional investors and hedge funds own 46.08% of the company’s stock.

iShares Select Dividend ETF Stock Performance

Shares of NASDAQ DVY opened at $129.42 on Tuesday. The stock has a market cap of $19.70 billion, a price-to-earnings ratio of 13.25 and a beta of 0.87. iShares Select Dividend ETF has a fifty-two week low of $112.42 and a fifty-two week high of $144.09. The firm’s 50-day simple moving average is $136.17 and its 200 day simple moving average is $132.55.

iShares Select Dividend ETF Cuts Dividend

The business also recently announced 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.

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.