32,988 Shares in iShares Select Dividend ETF (NASDAQ:DVY) Purchased by Gallagher Capital Advisors LLC

Gallagher Capital Advisors LLC purchased a new stake in shares of iShares Select Dividend ETF (NASDAQ:DVY) during the 4th quarter, according to its most recent filing with the SEC. The institutional investor purchased 32,988 shares of the company’s stock, valued at approximately $4,331,000. iShares Select Dividend ETF comprises about 3.2% of Gallagher Capital Advisors LLC’s investment portfolio, making the stock its 9th largest holding.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Banque Cantonale Vaudoise raised its holdings in shares of iShares Select Dividend ETF by 10.1% in the third 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 grew its position 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 valued at $41,000 after acquiring an additional 75 shares during the last quarter. Richardson Financial Services Inc. increased its stake in iShares Select Dividend ETF by 17.9% in the fourth quarter. Richardson Financial Services Inc. now owns 494 shares of the company’s stock worth $65,000 after purchasing an additional 75 shares during the period. Unionview LLC lifted its position in shares of iShares Select Dividend ETF by 0.7% during the third quarter. Unionview LLC now owns 11,151 shares of the company’s stock worth $1,506,000 after purchasing an additional 76 shares during the last quarter. Finally, CMG Global Holdings LLC boosted its stake in shares of 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 valued at $2,335,000 after purchasing an additional 80 shares during the period. 46.08% of the stock is owned by hedge funds and other institutional investors.

iShares Select Dividend ETF Trading Up 1.0 %

NASDAQ DVY opened at $134.30 on Monday. The stock has a market cap of $19.96 billion, a PE ratio of 16.35 and a beta of 0.87. iShares Select Dividend ETF has a 12 month low of $115.43 and a 12 month high of $144.09. The company’s 50-day moving average price is $134.22 and its 200-day moving average price is $135.09.

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 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.