Y Intercept Hong Kong Ltd Makes New Investment in iShares Select Dividend ETF (NASDAQ:DVY)

Y Intercept Hong Kong Ltd bought a new position in iShares Select Dividend ETF (NASDAQ:DVY) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 6,833 shares of the company’s stock, valued at approximately $897,000.

Other hedge funds also recently bought and sold shares of the company. Thurston Springer Miller Herd & Titak Inc. increased its holdings in shares of iShares Select Dividend ETF by 340.9% during the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 194 shares of the company’s stock valued at $25,000 after acquiring an additional 150 shares during the last quarter. Creative Capital Management Investments LLC acquired a new position in shares of iShares Select Dividend ETF during the 4th quarter valued at about $33,000. Roxbury Financial LLC acquired a new position in shares of iShares Select Dividend ETF during the 4th quarter valued at about $38,000. JDM Financial Group LLC increased its holdings in shares of iShares Select Dividend ETF by 33.3% during the 3rd quarter. JDM Financial Group LLC now owns 300 shares of the company’s stock valued at $41,000 after acquiring an additional 75 shares during the last quarter. Finally, Weaver Capital Management LLC acquired a new position in shares of iShares Select Dividend ETF during the 4th quarter valued at about $43,000. 46.08% of the stock is owned by institutional investors and hedge funds.

iShares Select Dividend ETF Stock Performance

Shares of NASDAQ DVY opened at $136.43 on Friday. The firm has a market cap of $20.28 billion, a price-to-earnings ratio of 13.25 and a beta of 0.87. The business’s 50-day simple moving average is $133.87 and its 200-day simple moving average is $134.74. iShares Select Dividend ETF has a 52 week low of $115.43 and a 52 week high of $144.09.

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 of this dividend 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.