348 Shares in iShares Select Dividend ETF (NASDAQ:DVY) Acquired by Marshall Investment Management LLC

Marshall Investment Management LLC bought a new position in shares of iShares Select Dividend ETF (NASDAQ:DVY) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 348 shares of the company’s stock, valued at approximately $47,000.

Several other institutional investors have also recently added to or reduced their stakes in DVY. Miller Howard Investments Inc. NY lifted its stake in iShares Select Dividend ETF by 369.5% during the fourth quarter. Miller Howard Investments Inc. NY now owns 498,927 shares of the company’s stock worth $65,504,000 after purchasing an additional 392,667 shares during the last quarter. Private Advisor Group LLC lifted its stake in iShares Select Dividend ETF by 94.0% during the fourth quarter. Private Advisor Group LLC now owns 384,003 shares of the company’s stock worth $50,416,000 after purchasing an additional 186,055 shares during the last quarter. Gilman Hill Asset Management LLC lifted its stake in iShares Select Dividend ETF by 1,439.1% during the fourth quarter. Gilman Hill Asset Management LLC now owns 161,377 shares of the company’s stock worth $21,187,000 after purchasing an additional 150,892 shares during the last quarter. LPL Financial LLC lifted its stake in iShares Select Dividend ETF by 4.6% during the third 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. Finally, Truist Financial Corp lifted its stake in iShares Select Dividend ETF by 3.9% during the fourth quarter. Truist Financial Corp now owns 1,195,080 shares of the company’s stock worth $156,902,000 after purchasing an additional 44,508 shares during the last quarter. Hedge funds and other institutional investors own 46.08% of the company’s stock.

iShares Select Dividend ETF Stock Down 0.5 %

DVY stock opened at $136.69 on Friday. The business has a 50 day moving average price of $133.50 and a 200 day moving average price of $134.49. The stock has a market cap of $20.32 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 $115.02 and a fifty-two week high of $144.09.

iShares Select Dividend ETF Cuts Dividend

The company 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 of this dividend 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.