Linscomb Wealth Inc. Has $9.49 Million Stock Position in iShares Select Dividend ETF (NASDAQ:DVY)

Linscomb Wealth Inc. raised its position in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 1.8% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 72,254 shares of the company’s stock after purchasing an additional 1,256 shares during the quarter. Linscomb Wealth Inc.’s holdings in iShares Select Dividend ETF were worth $9,486,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. lifted its stake in shares of iShares Select Dividend ETF by 0.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,380,841 shares of the company’s stock valued at $186,510,000 after purchasing an additional 7,012 shares during the period. 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 worth $64,000 after purchasing an additional 375 shares in the last quarter. Regatta Capital Group LLC lifted its stake in iShares Select Dividend ETF by 6.7% in the fourth quarter. Regatta Capital Group LLC now owns 3,965 shares of the company’s stock valued at $521,000 after buying an additional 250 shares during the period. Fulton Bank N.A. boosted its holdings in shares of iShares Select Dividend ETF by 20.4% during the 4th quarter. Fulton Bank N.A. now owns 26,935 shares of the company’s stock worth $3,536,000 after buying an additional 4,568 shares in the last quarter. Finally, Kapstone Financial Advisors LLC grew its position in shares of iShares Select Dividend ETF by 1.3% during the 3rd quarter. Kapstone Financial Advisors LLC now owns 23,015 shares of the company’s stock worth $3,101,000 after buying an additional 300 shares during the period. Institutional investors own 46.08% of the company’s stock.

iShares Select Dividend ETF Stock Down 0.3 %

iShares Select Dividend ETF stock opened at $136.43 on Friday. The company has a market capitalization of $20.28 billion, a PE ratio of 13.25 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 firm’s fifty day moving average is $133.87 and its 200 day moving average is $134.74.

iShares Select Dividend ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Friday, December 20th. Stockholders of record on Tuesday, December 17th were issued 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.