iShares Select Dividend ETF (NASDAQ:DVY) Shares Purchased by QRG Capital Management Inc.

QRG Capital Management Inc. increased its holdings in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 5.4% during the 4th quarter, Holdings Channel reports. The institutional investor owned 8,441 shares of the company’s stock after purchasing an additional 430 shares during the period. QRG Capital Management Inc.’s holdings in iShares Select Dividend ETF were worth $1,108,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Miller Howard Investments Inc. NY grew its stake in shares of iShares Select Dividend ETF by 369.5% during the fourth quarter. Miller Howard Investments Inc. NY now owns 498,927 shares of the company’s stock worth $65,504,000 after acquiring an additional 392,667 shares during the last quarter. Private Advisor Group LLC boosted its stake in iShares Select Dividend ETF by 94.0% in the 4th quarter. Private Advisor Group LLC now owns 384,003 shares of the company’s stock worth $50,416,000 after purchasing an additional 186,055 shares in the last quarter. Gilman Hill Asset Management LLC grew its position in iShares Select Dividend ETF by 1,439.1% during the 4th quarter. Gilman Hill Asset Management LLC now owns 161,377 shares of the company’s stock worth $21,187,000 after purchasing an additional 150,892 shares during the last quarter. LPL Financial LLC increased its stake in iShares Select Dividend ETF by 4.6% during the 3rd quarter. LPL Financial LLC now owns 1,465,825 shares of the company’s stock valued at $197,989,000 after purchasing an additional 64,620 shares in the last quarter. Finally, Truist Financial Corp raised its holdings in shares of iShares Select Dividend ETF by 3.9% in the fourth quarter. Truist Financial Corp now owns 1,195,080 shares of the company’s stock worth $156,902,000 after buying an additional 44,508 shares during the last quarter. 46.08% of the stock is owned by institutional investors and hedge funds.

iShares Select Dividend ETF Trading Down 0.5 %

NASDAQ:DVY opened at $137.45 on Tuesday. The company has a market capitalization of $20.43 billion, a P/E ratio of 16.35 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 has a fifty day simple moving average of $134.12 and a 200-day simple moving average of $134.99.

iShares Select Dividend ETF Cuts Dividend

The company 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.