iShares Select Dividend ETF (NASDAQ:DVY) Stake Boosted by New England Private Wealth Advisors LLC

New England Private Wealth Advisors LLC increased its stake in iShares Select Dividend ETF (NASDAQ:DVY) by 13.4% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 4,363 shares of the company’s stock after purchasing an additional 516 shares during the period. New England Private Wealth Advisors LLC’s holdings in iShares Select Dividend ETF were worth $573,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Thurston Springer Miller Herd & Titak Inc. increased its stake in shares of iShares Select Dividend ETF by 340.9% in the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 194 shares of the company’s stock valued at $25,000 after purchasing an additional 150 shares during the period. Creative Capital Management Investments LLC acquired a new stake in iShares Select Dividend ETF in the 4th quarter valued at approximately $33,000. Roxbury Financial LLC bought a new stake in iShares Select Dividend ETF during the 4th quarter valued at $38,000. JDM Financial Group LLC boosted its position in iShares Select Dividend ETF by 33.3% during the 3rd quarter. JDM Financial Group LLC now owns 300 shares of the company’s stock worth $41,000 after acquiring an additional 75 shares during the period. Finally, Weaver Capital Management LLC bought a new position in shares of iShares Select Dividend ETF in the fourth quarter worth $43,000. Institutional investors and hedge funds own 46.08% of the company’s stock.

iShares Select Dividend ETF Stock Down 1.3 %

Shares of NASDAQ DVY opened at $131.69 on Wednesday. The stock has a market cap of $19.58 billion, a P/E ratio of 16.35 and a beta of 0.87. The firm’s 50-day simple moving average is $134.28 and its 200 day simple moving average is $135.10. iShares Select Dividend ETF has a fifty-two week low of $115.43 and a fifty-two week high of $144.09.

iShares Select Dividend ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Friday, December 20th. Shareholders 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 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.