iShares Select Dividend ETF (NASDAQ:DVY) Shares Bought by Bryn Mawr Capital Management LLC

Bryn Mawr Capital Management LLC raised its stake in iShares Select Dividend ETF (NASDAQ:DVY) by 77.1% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 5,010 shares of the company’s stock after purchasing an additional 2,181 shares during the quarter. Bryn Mawr Capital Management LLC’s holdings in iShares Select Dividend ETF were worth $658,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in the stock. Private Advisor Group LLC boosted its holdings in shares of iShares Select Dividend ETF by 94.0% in the 4th quarter. Private Advisor Group LLC now owns 384,003 shares of the company’s stock valued at $50,416,000 after purchasing an additional 186,055 shares during the last quarter. Flagstar Advisors Inc. boosted its holdings in shares of iShares Select Dividend ETF by 7.6% in the 4th quarter. Flagstar Advisors Inc. now owns 24,445 shares of the company’s stock valued at $3,209,000 after purchasing an additional 1,731 shares during the last quarter. Atlas Legacy Advisors LLC acquired a new position in shares of iShares Select Dividend ETF in the 4th quarter valued at $554,000. Bank of Jackson Hole Trust acquired a new position in shares of iShares Select Dividend ETF in the 4th quarter valued at $384,000. Finally, Creative Capital Management Investments LLC acquired a new position in shares of iShares Select Dividend ETF in the 4th quarter valued at $33,000. Institutional investors and hedge funds own 46.08% of the company’s stock.

iShares Select Dividend ETF Trading Down 0.5 %

Shares of iShares Select Dividend ETF stock opened at $136.69 on Friday. iShares Select Dividend ETF has a twelve month low of $115.02 and a twelve month high of $144.09. The stock has a market cap of $20.32 billion, a price-to-earnings ratio of 13.25 and a beta of 0.87. The company has a fifty day moving average price of $133.51 and a 200 day moving average price of $134.33.

iShares Select Dividend ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Friday, December 20th. Stockholders of record on Tuesday, December 17th were given a $1.3164 dividend. The ex-dividend date of this dividend 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.