Smith Anglin Financial LLC Acquires 193 Shares of iShares Select Dividend ETF (NASDAQ:DVY)

Smith Anglin Financial LLC grew its stake in iShares Select Dividend ETF (NASDAQ:DVY) by 1.4% in the 4th quarter, Holdings Channel.com reports. The fund owned 14,059 shares of the company’s stock after purchasing an additional 193 shares during the quarter. Smith Anglin Financial LLC’s holdings in iShares Select Dividend ETF were worth $1,846,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. International Assets Investment Management LLC grew its position in shares of iShares Select Dividend ETF by 17,525.9% in the 3rd quarter. International Assets Investment Management LLC now owns 4,372,993 shares of the company’s stock valued at $590,660,000 after acquiring an additional 4,348,183 shares during the period. LPL Financial LLC boosted its stake in shares of iShares Select Dividend ETF by 4.6% during the 3rd quarter. LPL Financial LLC now owns 1,465,825 shares of the company’s stock worth $197,989,000 after acquiring an additional 64,620 shares during the period. Sanctuary Advisors LLC bought a new stake in iShares Select Dividend ETF in the 2nd quarter valued at $5,769,000. Florin Court Capital LLP lifted its holdings in iShares Select Dividend ETF by 119.7% during the 3rd quarter. Florin Court Capital LLP now owns 65,700 shares of the company’s stock valued at $8,874,000 after purchasing an additional 35,800 shares during the last quarter. Finally, Granite FO LLC bought a new position in iShares Select Dividend ETF during the second quarter worth $3,774,000. Institutional investors and hedge funds own 46.08% of the company’s stock.

iShares Select Dividend ETF Stock Up 1.3 %

Shares of DVY stock opened at $131.12 on Wednesday. iShares Select Dividend ETF has a 12-month low of $112.42 and a 12-month high of $144.09. The firm has a 50 day moving average price of $136.10 and a two-hundred day moving average price of $132.62. The company has a market capitalization of $19.96 billion, a PE ratio of 13.25 and a beta of 0.87.

iShares Select Dividend ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Friday, December 20th. Investors of record on Tuesday, December 17th were paid a $1.3164 dividend. 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.