Transform Wealth LLC raised its position in iShares Select Dividend ETF (NASDAQ:DVY – Free Report) by 61.8% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 7,506 shares of the company’s stock after purchasing an additional 2,866 shares during the quarter. Transform Wealth LLC’s holdings in iShares Select Dividend ETF were worth $985,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors have also modified their holdings of DVY. Thurston Springer Miller Herd & Titak Inc. raised its position in iShares Select Dividend ETF by 340.9% in the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 194 shares of the company’s stock valued at $25,000 after purchasing an additional 150 shares during the period. ORG Wealth Partners LLC purchased a new stake in shares of iShares Select Dividend ETF during the 3rd quarter valued at about $36,000. JDM Financial Group LLC lifted its position in iShares Select Dividend ETF by 33.3% during the 3rd quarter. JDM Financial Group LLC now owns 300 shares of the company’s stock worth $41,000 after acquiring an additional 75 shares in the last quarter. M&R Capital Management Inc. boosted its holdings in iShares Select Dividend ETF by 1,455.0% in the 3rd quarter. M&R Capital Management Inc. now owns 311 shares of the company’s stock worth $42,000 after acquiring an additional 291 shares during the period. Finally, ORG Partners LLC grew its position in iShares Select Dividend ETF by 331.9% in the fourth quarter. ORG Partners LLC now owns 488 shares of the company’s stock valued at $64,000 after acquiring an additional 375 shares in the last quarter. 46.08% of the stock is owned by institutional investors and hedge funds.
iShares Select Dividend ETF Stock Up 1.0 %
DVY opened at $136.14 on Wednesday. The firm has a market capitalization of $20.67 billion, a P/E ratio of 13.25 and a beta of 0.87. The firm’s 50 day moving average is $135.76 and its 200-day moving average is $133.00. iShares Select Dividend ETF has a 52-week low of $112.42 and a 52-week high of $144.09.
iShares Select Dividend ETF Cuts Dividend
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.
See Also
- Five stocks we like better than iShares Select Dividend ETF
- Want to Profit on the Downtrend? Downtrends, Explained.
- SAP’s Strong Momentum: A Bullish Setup for Investors
- Investing in Travel Stocks Benefits
- BlackRock Breaks Records: Why the Stock Still Has Room to Run
- Biggest Stock Losers – Today’s Biggest Percentage Decliners
- Duke vs. NRG: Which Energy Stock Will Power Higher Gains?
Receive News & Ratings for iShares Select Dividend ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Select Dividend ETF and related companies with MarketBeat.com's FREE daily email newsletter.