Motco Buys 600 Shares of iShares Select Dividend ETF (NASDAQ:DVY)

Motco grew its stake in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 35.1% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 2,311 shares of the company’s stock after acquiring an additional 600 shares during the period. Motco’s holdings in iShares Select Dividend ETF were worth $303,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently bought and sold shares of the business. Banque Cantonale Vaudoise boosted its holdings in iShares Select Dividend ETF by 10.1% in the 3rd quarter. Banque Cantonale Vaudoise now owns 798 shares of the company’s stock worth $108,000 after buying an additional 73 shares during the period. JDM Financial Group LLC lifted its stake in iShares Select Dividend ETF by 33.3% in the 3rd quarter. JDM Financial Group LLC now owns 300 shares of the company’s stock worth $41,000 after purchasing an additional 75 shares in the last quarter. Richardson Financial Services Inc. lifted its stake in iShares Select Dividend ETF by 17.9% in the 4th quarter. Richardson Financial Services Inc. now owns 494 shares of the company’s stock worth $65,000 after purchasing an additional 75 shares in the last quarter. Unionview LLC lifted its stake in iShares Select Dividend ETF by 0.7% in the 3rd quarter. Unionview LLC now owns 11,151 shares of the company’s stock worth $1,506,000 after purchasing an additional 76 shares in the last quarter. Finally, CMG Global Holdings LLC lifted its stake in iShares Select Dividend ETF by 0.5% in the 3rd quarter. CMG Global Holdings LLC now owns 17,284 shares of the company’s stock worth $2,335,000 after purchasing an additional 80 shares in the last quarter. 46.08% of the stock is owned by institutional investors.

iShares Select Dividend ETF Price Performance

NASDAQ DVY opened at $138.10 on Friday. iShares Select Dividend ETF has a 1 year low of $115.43 and a 1 year high of $144.09. The stock has a market capitalization of $20.53 billion, a PE ratio of 13.25 and a beta of 0.87. The company’s 50 day simple moving average is $134.00 and its two-hundred day simple moving average is $134.82.

iShares Select Dividend ETF Cuts Dividend

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

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.