Mezzasalma Advisors LLC Takes $540,000 Position in iShares Select Dividend ETF (NASDAQ:DVY)

Mezzasalma Advisors LLC bought a new position in iShares Select Dividend ETF (NASDAQ:DVY) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 4,115 shares of the company’s stock, valued at approximately $540,000.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Thurston Springer Miller Herd & Titak Inc. increased its holdings 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 buying an additional 150 shares in the last quarter. ORG Wealth Partners LLC acquired a new stake in shares of iShares Select Dividend ETF during the third quarter worth $36,000. JDM Financial Group LLC lifted its holdings 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 valued at $41,000 after purchasing an additional 75 shares during the last quarter. Weaver Capital Management LLC acquired a new position in shares of iShares Select Dividend ETF in the 4th quarter valued at $43,000. Finally, Financial Life Planners purchased a new position in iShares Select Dividend ETF in the 4th quarter worth about $58,000. 46.08% of the stock is owned by institutional investors and hedge funds.

iShares Select Dividend ETF Trading Down 0.6 %

NASDAQ DVY opened at $134.10 on Friday. The company has a market cap of $19.93 billion, a PE ratio of 13.25 and a beta of 0.87. iShares Select Dividend ETF has a 1 year low of $112.42 and a 1 year high of $144.09. The stock’s 50-day moving average price is $134.33 and its two-hundred day moving average price is $133.84.

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 paid 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.