Clientfirst Wealth Management LLC Invests $300,000 in iShares Select Dividend ETF (NASDAQ:DVY)

Clientfirst Wealth Management LLC purchased a new stake in iShares Select Dividend ETF (NASDAQ:DVY) in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 2,285 shares of the company’s stock, valued at approximately $300,000.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Thurston Springer Miller Herd & Titak Inc. raised its position in shares of iShares Select Dividend ETF by 340.9% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 194 shares of the company’s stock valued at $25,000 after buying an additional 150 shares in the last quarter. ORG Wealth Partners LLC bought a new position in iShares Select Dividend ETF in the third quarter valued at approximately $36,000. JDM Financial Group LLC raised its position in iShares Select Dividend ETF by 33.3% during the third quarter. JDM Financial Group LLC now owns 300 shares of the company’s stock valued at $41,000 after purchasing an additional 75 shares in the last quarter. Weaver Capital Management LLC bought a new stake in iShares Select Dividend ETF during the fourth quarter worth $43,000. Finally, Financial Life Planners acquired a new stake in shares of iShares Select Dividend ETF in the 4th quarter valued at $58,000. Institutional investors own 46.08% of the company’s stock.

iShares Select Dividend ETF Stock Performance

Shares of DVY opened at $134.10 on Friday. iShares Select Dividend ETF has a 52-week low of $112.42 and a 52-week high of $144.09. The firm has a market cap of $19.93 billion, a price-to-earnings ratio of 13.25 and a beta of 0.87. The business’s fifty day moving average is $134.33 and its 200-day moving average is $133.84.

iShares Select Dividend ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Friday, December 20th. Shareholders of record on Tuesday, December 17th were paid 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.