CX Institutional Boosts Stake in iShares Select Dividend ETF (NASDAQ:DVY)

CX Institutional grew its holdings in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 11.2% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 30,612 shares of the company’s stock after acquiring an additional 3,079 shares during the period. CX Institutional’s holdings in iShares Select Dividend ETF were worth $4,019,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of the business. Thurston Springer Miller Herd & Titak Inc. boosted its stake in iShares Select Dividend ETF by 340.9% during the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 194 shares of the company’s stock valued at $25,000 after acquiring an additional 150 shares during the last quarter. ORG Wealth Partners LLC acquired a new stake in shares of iShares Select Dividend ETF in the 3rd quarter valued at about $36,000. JDM Financial Group LLC lifted its position in shares of iShares Select Dividend ETF by 33.3% during the third quarter. JDM Financial Group LLC now owns 300 shares of the company’s stock worth $41,000 after purchasing an additional 75 shares during the last quarter. M&R Capital Management Inc. grew its stake in iShares Select Dividend ETF by 1,455.0% in the third quarter. M&R Capital Management Inc. now owns 311 shares of the company’s stock worth $42,000 after purchasing an additional 291 shares in the last quarter. Finally, ORG Partners LLC increased its holdings in iShares Select Dividend ETF by 331.9% in the fourth quarter. ORG Partners LLC now owns 488 shares of the company’s stock valued at $64,000 after buying an additional 375 shares during the last quarter. 46.08% of the stock is owned by hedge funds and other institutional investors.

iShares Select Dividend ETF Stock Up 0.6 %

NASDAQ:DVY opened at $135.10 on Friday. The company has a market cap of $20.51 billion, a PE ratio of 13.25 and a beta of 0.87. The business’s 50 day moving average is $135.56 and its two-hundred day moving average is $133.13. iShares Select Dividend ETF has a 52 week low of $112.42 and a 52 week high of $144.09.

iShares Select Dividend ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Friday, December 20th. Investors of record on Tuesday, December 17th were paid a dividend of $1.3164 per share. The ex-dividend date of this dividend 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.