iShares Select Dividend ETF (NASDAQ:DVY) Stock Position Raised by Townsend Asset Management Corp NC ADV

Townsend Asset Management Corp NC ADV lifted its position in iShares Select Dividend ETF (NASDAQ:DVY) by 3.2% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 30,312 shares of the company’s stock after buying an additional 933 shares during the quarter. iShares Select Dividend ETF comprises 1.5% of Townsend Asset Management Corp NC ADV’s investment portfolio, making the stock its 17th largest holding. Townsend Asset Management Corp NC ADV’s holdings in iShares Select Dividend ETF were worth $3,980,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Thurston Springer Miller Herd & Titak Inc. raised its holdings in iShares Select Dividend ETF by 340.9% during the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 194 shares of the company’s stock valued at $25,000 after buying an additional 150 shares in 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 bought a new position in shares of iShares Select Dividend ETF in the 4th quarter valued at approximately $38,000. JDM Financial Group LLC lifted its holdings in iShares Select Dividend ETF by 33.3% in the 3rd quarter. JDM Financial Group LLC now owns 300 shares of the company’s stock worth $41,000 after purchasing an additional 75 shares during the last quarter. Finally, Weaver Capital Management LLC bought a new stake in iShares Select Dividend ETF during the fourth quarter worth approximately $43,000. Institutional investors and hedge funds own 46.08% of the company’s stock.

iShares Select Dividend ETF Stock Up 0.1 %

Shares of DVY stock opened at $133.84 on Thursday. iShares Select Dividend ETF has a 12 month low of $115.43 and a 12 month high of $144.09. The company has a market cap of $19.90 billion, a PE ratio of 16.35 and a beta of 0.87. The business’s 50 day moving average is $134.17 and its two-hundred day moving average is $135.01.

iShares Select Dividend ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Friday, December 20th. Investors of record on Tuesday, December 17th were paid a $1.3164 dividend. The ex-dividend date of this dividend was Tuesday, December 17th.

About iShares Select Dividend ETF

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.