Next Level Private LLC Acquires Shares of 1,881 iShares Select Dividend ETF (NASDAQ:DVY)

Next Level Private LLC acquired a new stake in shares of iShares Select Dividend ETF (NASDAQ:DVY) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 1,881 shares of the company’s stock, valued at approximately $220,000.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. CGC Financial Services LLC purchased a new position in iShares Select Dividend ETF during the second quarter valued at $27,000. Tyler Stone Wealth Management purchased a new position in iShares Select Dividend ETF during the second quarter valued at $28,000. Almanack Investment Partners LLC. purchased a new position in shares of iShares Select Dividend ETF in the third quarter worth about $35,000. Financial Freedom LLC purchased a new position in shares of iShares Select Dividend ETF in the fourth quarter worth about $45,000. Finally, JNBA Financial Advisors lifted its stake in shares of iShares Select Dividend ETF by 26.6% in the third quarter. JNBA Financial Advisors now owns 448 shares of the company’s stock worth $48,000 after buying an additional 94 shares in the last quarter. 47.25% of the stock is owned by hedge funds and other institutional investors.

iShares Select Dividend ETF Trading Up 0.5 %

NASDAQ:DVY opened at $123.06 on Thursday. The company’s 50-day moving average price is $116.80 and its 200-day moving average price is $113.21. The company has a market cap of $19.43 billion, a P/E ratio of 11.69 and a beta of 0.87. iShares Select Dividend ETF has a twelve month low of $102.66 and a twelve month high of $123.07.

iShares Select Dividend ETF Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, March 27th. Stockholders of record on Friday, March 22nd were paid a $0.9976 dividend. This represents a $3.99 annualized dividend and a dividend yield of 3.24%. The ex-dividend date was Thursday, March 21st.

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.