HUB Investment Partners LLC Boosts Stock Holdings in iShares Select Dividend ETF (NASDAQ:DVY)

HUB Investment Partners LLC boosted its holdings in iShares Select Dividend ETF (NASDAQ:DVY) by 7.1% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 5,083 shares of the company’s stock after acquiring an additional 335 shares during the quarter. HUB Investment Partners LLC’s holdings in iShares Select Dividend ETF were worth $667,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in DVY. Wealthfront Advisers LLC grew its stake in shares of iShares Select Dividend ETF by 194,486.4% in the fourth quarter. Wealthfront Advisers LLC now owns 24,488,697 shares of the company’s stock worth $3,215,121,000 after acquiring an additional 24,476,112 shares during the period. Raymond James Financial Inc. bought a new stake in iShares Select Dividend ETF in the 4th quarter worth approximately $156,322,000. Miller Howard Investments Inc. NY lifted its holdings in shares of iShares Select Dividend ETF by 369.5% during the 4th quarter. Miller Howard Investments Inc. NY now owns 498,927 shares of the company’s stock valued at $65,504,000 after buying an additional 392,667 shares during the period. Charles Schwab Investment Management Inc. boosted its stake in shares of iShares Select Dividend ETF by 588.4% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 288,441 shares of the company’s stock worth $37,869,000 after buying an additional 246,540 shares during the last quarter. Finally, Private Advisor Group LLC grew its holdings in shares of iShares Select Dividend ETF by 94.0% in the fourth quarter. Private Advisor Group LLC now owns 384,003 shares of the company’s stock worth $50,416,000 after acquiring an additional 186,055 shares during the period. 46.08% of the stock is currently owned by hedge funds and other institutional investors.

iShares Select Dividend ETF Stock Performance

DVY stock opened at $132.77 on Friday. The company has a market cap of $19.61 billion, a price-to-earnings ratio of 15.96 and a beta of 0.88. The business’s 50-day moving average is $134.60 and its two-hundred day moving average is $135.06. iShares Select Dividend ETF has a fifty-two week low of $115.43 and a fifty-two week high of $144.09.

iShares Select Dividend ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Friday, March 21st. Stockholders of record on Tuesday, March 18th were paid a $1.0495 dividend. The ex-dividend date was Tuesday, March 18th.

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.