LGL Partners LLC Purchases 294 Shares of iShares Select Dividend ETF (NASDAQ:DVY)

LGL Partners LLC grew its holdings in iShares Select Dividend ETF (NASDAQ:DVY) by 0.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 32,445 shares of the company’s stock after acquiring an additional 294 shares during the quarter. iShares Select Dividend ETF accounts for approximately 0.6% of LGL Partners LLC’s investment portfolio, making the stock its 18th biggest position. LGL Partners LLC’s holdings in iShares Select Dividend ETF were worth $4,260,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of DVY. Weinberger Asset Management Inc grew its position in iShares Select Dividend ETF by 1.0% during the fourth quarter. Weinberger Asset Management Inc now owns 18,086 shares of the company’s stock worth $2,374,000 after buying an additional 185 shares in the last quarter. Bank of New York Mellon Corp grew its holdings in shares of iShares Select Dividend ETF by 0.7% during the 4th quarter. Bank of New York Mellon Corp now owns 1,881,782 shares of the company’s stock worth $247,059,000 after purchasing an additional 13,228 shares in the last quarter. BankPlus Trust Department bought a new position in shares of iShares Select Dividend ETF in the fourth quarter worth $182,000. Edge Capital Group LLC increased its position in shares of iShares Select Dividend ETF by 22.6% in the fourth quarter. Edge Capital Group LLC now owns 16,313 shares of the company’s stock worth $2,142,000 after purchasing an additional 3,008 shares during the period. Finally, IFP Advisors Inc raised its stake in iShares Select Dividend ETF by 122.0% in the fourth quarter. IFP Advisors Inc now owns 38,437 shares of the company’s stock valued at $5,047,000 after purchasing an additional 21,125 shares in the last quarter. 46.08% of the stock is currently owned by institutional investors and hedge funds.

iShares Select Dividend ETF Stock Up 0.1 %

Shares of iShares Select Dividend ETF stock opened at $137.10 on Wednesday. iShares Select Dividend ETF has a 12-month low of $115.02 and a 12-month high of $144.09. The company has a market capitalization of $20.38 billion, a price-to-earnings ratio of 13.25 and a beta of 0.87. The firm’s 50-day moving average price is $133.59 and its two-hundred day moving average price is $134.71.

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 given a dividend of $1.3164 per share. The ex-dividend date of this dividend was Tuesday, December 17th.

About iShares Select Dividend ETF

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.