Edge Capital Group LLC Acquires 3,008 Shares of iShares Select Dividend ETF (NASDAQ:DVY)

Edge Capital Group LLC lifted its holdings in iShares Select Dividend ETF (NASDAQ:DVY) by 22.6% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 16,313 shares of the company’s stock after acquiring an additional 3,008 shares during the period. Edge Capital Group LLC’s holdings in iShares Select Dividend ETF were worth $2,142,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently made changes to their positions in DVY. Mirae Asset Global Investments Co. Ltd. increased its position in iShares Select Dividend ETF by 13.3% in the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 18,800 shares of the company’s stock valued at $2,533,000 after buying an additional 2,200 shares in the last quarter. NorthCrest Asset Manangement LLC increased its position in iShares Select Dividend ETF by 138.8% in the 3rd quarter. NorthCrest Asset Manangement LLC now owns 11,895 shares of the company’s stock valued at $1,607,000 after buying an additional 6,913 shares in the last quarter. Pathway Financial Advisers LLC increased its position in iShares Select Dividend ETF by 1.5% in the 3rd quarter. Pathway Financial Advisers LLC now owns 6,228 shares of the company’s stock valued at $841,000 after buying an additional 91 shares in the last quarter. PFG Investments LLC increased its position in iShares Select Dividend ETF by 4.3% in the 3rd quarter. PFG Investments LLC now owns 14,537 shares of the company’s stock valued at $1,964,000 after buying an additional 605 shares in the last quarter. Finally, Ellis Investment Partners LLC increased its position in iShares Select Dividend ETF by 0.8% in the 3rd quarter. Ellis Investment Partners LLC now owns 224,564 shares of the company’s stock valued at $30,332,000 after buying an additional 1,745 shares in the last quarter. 46.08% of the stock is owned by institutional investors.

iShares Select Dividend ETF Price Performance

Shares of iShares Select Dividend ETF stock opened at $136.69 on Monday. iShares Select Dividend ETF has a one year low of $115.02 and a one year high of $144.09. The firm has a market capitalization of $20.32 billion, a price-to-earnings ratio of 13.25 and a beta of 0.87. The business has a 50-day simple moving average of $133.50 and a 200 day simple moving average of $134.56.

iShares Select Dividend ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Friday, December 20th. Investors of record on Tuesday, December 17th were given 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.