Cypress Wealth Services LLC Has $2.92 Million Stock Position in iShares Select Dividend ETF (NASDAQ:DVY)

Cypress Wealth Services LLC boosted its stake in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 7.2% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 22,247 shares of the company’s stock after acquiring an additional 1,489 shares during the quarter. Cypress Wealth Services LLC’s holdings in iShares Select Dividend ETF were worth $2,921,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Thurston Springer Miller Herd & Titak Inc. raised its stake 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 worth $25,000 after buying an additional 150 shares during the last quarter. ORG Wealth Partners LLC acquired a new stake in iShares Select Dividend ETF during the 3rd quarter worth $36,000. JDM Financial Group LLC grew its holdings in iShares Select Dividend ETF by 33.3% during the 3rd quarter. JDM Financial Group LLC now owns 300 shares of the company’s stock worth $41,000 after acquiring an additional 75 shares during the period. M&R Capital Management Inc. raised its position in shares of iShares Select Dividend ETF by 1,455.0% during the 3rd quarter. M&R Capital Management Inc. now owns 311 shares of the company’s stock valued at $42,000 after acquiring an additional 291 shares during the last quarter. Finally, ORG Partners LLC lifted its stake in shares of iShares Select Dividend ETF by 331.9% in the 4th quarter. ORG Partners LLC now owns 488 shares of the company’s stock valued at $64,000 after purchasing an additional 375 shares during the period. Institutional investors and hedge funds own 46.08% of the company’s stock.

iShares Select Dividend ETF Trading Up 0.8 %

NASDAQ DVY opened at $133.92 on Friday. iShares Select Dividend ETF has a 12 month low of $112.42 and a 12 month high of $144.09. The company has a market capitalization of $20.34 billion, a PE ratio of 13.25 and a beta of 0.87. The stock has a 50-day simple moving average of $135.98 and a 200 day simple moving average of $132.62.

iShares Select Dividend ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Friday, December 20th. Shareholders of record on Tuesday, December 17th were issued a dividend of $1.3164 per share. 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.