LGL Partners LLC Has $3.97 Million Holdings in iShares Select Dividend ETF (NASDAQ:DVY)

LGL Partners LLC lifted its holdings in iShares Select Dividend ETF (NASDAQ:DVY) by 2.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 33,838 shares of the company’s stock after acquiring an additional 719 shares during the quarter. iShares Select Dividend ETF makes up approximately 0.5% of LGL Partners LLC’s holdings, making the stock its 22nd largest holding. LGL Partners LLC’s holdings in iShares Select Dividend ETF were worth $3,967,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of the business. Commonwealth Equity Services LLC lifted its holdings in iShares Select Dividend ETF by 1.2% during the 3rd quarter. Commonwealth Equity Services LLC now owns 641,814 shares of the company’s stock worth $69,085,000 after buying an additional 7,883 shares in the last quarter. Joel Isaacson & Co. LLC increased its position in shares of iShares Select Dividend ETF by 1.7% in the 3rd quarter. Joel Isaacson & Co. LLC now owns 24,659 shares of the company’s stock valued at $2,654,000 after buying an additional 405 shares in the last quarter. Dakota Wealth Management increased its holdings in iShares Select Dividend ETF by 13.5% during the 3rd quarter. Dakota Wealth Management now owns 7,906 shares of the company’s stock worth $851,000 after purchasing an additional 943 shares in the last quarter. Financial Consulate Inc. increased its holdings in iShares Select Dividend ETF by 3.2% during the 3rd quarter. Financial Consulate Inc. now owns 3,217 shares of the company’s stock worth $346,000 after purchasing an additional 99 shares in the last quarter. Finally, Simon Quick Advisors LLC increased its holdings in iShares Select Dividend ETF by 11.1% during the 3rd quarter. Simon Quick Advisors LLC now owns 23,208 shares of the company’s stock worth $2,498,000 after purchasing an additional 2,310 shares in the last quarter. 46.08% of the stock is owned by institutional investors and hedge funds.

iShares Select Dividend ETF Trading Down 0.7 %

Shares of iShares Select Dividend ETF stock traded down $0.79 during trading hours on Tuesday, reaching $119.86. 303,686 shares of the company’s stock were exchanged, compared to its average volume of 567,219. The company has a 50 day moving average of $119.22 and a two-hundred day moving average of $115.03. iShares Select Dividend ETF has a fifty-two week low of $102.66 and a fifty-two week high of $123.43. The stock has a market cap of $18.22 billion, a P/E ratio of 12.98 and a beta of 0.87.

iShares Select Dividend ETF Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, March 27th. Investors of record on Friday, March 22nd were paid a $0.9976 dividend. The ex-dividend date of this dividend was Thursday, March 21st. This represents a $3.99 annualized dividend and a yield of 3.33%.

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.