Jones Financial Companies Lllp Increases Stake in iShares Select Dividend ETF (NASDAQ:DVY)

Jones Financial Companies Lllp raised its stake in iShares Select Dividend ETF (NASDAQ:DVY) by 44.4% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 12,649 shares of the company’s stock after acquiring an additional 3,889 shares during the quarter. Jones Financial Companies Lllp’s holdings in iShares Select Dividend ETF were worth $1,661,000 at the end of the most recent reporting period.

Several other hedge funds have also bought and sold shares of DVY. Banque Cantonale Vaudoise boosted its position in iShares Select Dividend ETF by 10.1% during the third quarter. Banque Cantonale Vaudoise now owns 798 shares of the company’s stock worth $108,000 after purchasing an additional 73 shares in the last quarter. JDM Financial Group LLC lifted its position in shares of iShares Select Dividend ETF by 33.3% during the 3rd quarter. JDM Financial Group LLC now owns 300 shares of the company’s stock valued at $41,000 after buying an additional 75 shares in the last quarter. Richardson Financial Services Inc. lifted its position in shares of iShares Select Dividend ETF by 17.9% during the 4th quarter. Richardson Financial Services Inc. now owns 494 shares of the company’s stock valued at $65,000 after buying an additional 75 shares in the last quarter. Unionview LLC increased its holdings 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 acquiring an additional 76 shares in the last quarter. Finally, CMG Global Holdings LLC raised its position in iShares Select Dividend ETF by 0.5% during the third quarter. CMG Global Holdings LLC now owns 17,284 shares of the company’s stock worth $2,335,000 after acquiring an additional 80 shares during the period. Hedge funds and other institutional investors own 46.08% of the company’s stock.

iShares Select Dividend ETF Stock Down 0.6 %

DVY stock opened at $132.98 on Friday. The stock has a market capitalization of $19.77 billion, a P/E ratio of 16.35 and a beta of 0.87. iShares Select Dividend ETF has a 52 week low of $115.43 and a 52 week high of $144.09. The firm has a 50-day simple moving average of $134.17 and a 200-day simple moving average of $134.99.

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 issued a dividend of $1.3164 per share. 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.