Journey Strategic Wealth LLC Buys 754 Shares of iShares Select Dividend ETF (NASDAQ:DVY)

Journey Strategic Wealth LLC lifted its stake in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 29.1% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 3,343 shares of the company’s stock after acquiring an additional 754 shares during the period. Journey Strategic Wealth LLC’s holdings in iShares Select Dividend ETF were worth $439,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of DVY. Richardson Financial Services Inc. increased its holdings in shares of iShares Select Dividend ETF by 17.9% during the fourth quarter. Richardson Financial Services Inc. now owns 494 shares of the company’s stock valued at $65,000 after acquiring an additional 75 shares in the last quarter. My Personal CFO LLC grew its position in iShares Select Dividend ETF by 10.9% in the 4th quarter. My Personal CFO LLC now owns 21,789 shares of the company’s stock valued at $2,861,000 after purchasing an additional 2,149 shares during the period. Independence Bank of Kentucky increased its stake in iShares Select Dividend ETF by 71.8% during the 4th quarter. Independence Bank of Kentucky now owns 15,215 shares of the company’s stock valued at $1,998,000 after purchasing an additional 6,360 shares in the last quarter. Litman Gregory Wealth Management LLC raised its holdings in iShares Select Dividend ETF by 18.9% during the fourth quarter. Litman Gregory Wealth Management LLC now owns 4,042 shares of the company’s stock worth $531,000 after buying an additional 642 shares during the last quarter. Finally, Manuka Financial LLC acquired a new position in iShares Select Dividend ETF during the fourth quarter worth $251,000. 46.08% of the stock is owned by institutional investors.

iShares Select Dividend ETF Price Performance

Shares of NASDAQ DVY opened at $134.75 on Monday. The company has a 50-day moving average price of $135.03 and a 200-day moving average price of $133.69. The stock has a market capitalization of $20.06 billion, a P/E ratio of 13.25 and a beta of 0.87. iShares Select Dividend ETF has a 1 year low of $112.42 and a 1 year high of $144.09.

iShares Select Dividend ETF Cuts Dividend

The business also recently disclosed 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.