GoalVest Advisory LLC Boosts Stock Position in iShares Select Dividend ETF (NASDAQ:DVY)

GoalVest Advisory LLC boosted its holdings in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 29.7% in the 4th quarter, Holdings Channel.com reports. The firm owned 35,462 shares of the company’s stock after purchasing an additional 8,124 shares during the quarter. iShares Select Dividend ETF makes up about 1.3% of GoalVest Advisory LLC’s portfolio, making the stock its 9th largest position. GoalVest Advisory LLC’s holdings in iShares Select Dividend ETF were worth $4,656,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Thurston Springer Miller Herd & Titak Inc. increased its stake 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 acquiring an additional 150 shares during the period. ORG Wealth Partners LLC acquired a new stake in shares of iShares Select Dividend ETF during the 3rd quarter worth approximately $36,000. JDM Financial Group LLC raised its stake in shares of iShares Select Dividend ETF by 33.3% in the third quarter. JDM Financial Group LLC now owns 300 shares of the company’s stock valued at $41,000 after purchasing an additional 75 shares in the last quarter. M&R Capital Management Inc. lifted its position in iShares Select Dividend ETF by 1,455.0% in the third quarter. M&R Capital Management Inc. now owns 311 shares of the company’s stock worth $42,000 after purchasing an additional 291 shares during the period. Finally, ORG Partners LLC boosted its stake in iShares Select Dividend ETF by 331.9% during the fourth quarter. ORG Partners LLC now owns 488 shares of the company’s stock worth $64,000 after buying an additional 375 shares in the last quarter. Institutional investors and hedge funds own 46.08% of the company’s stock.

iShares Select Dividend ETF Stock Performance

Shares of iShares Select Dividend ETF stock opened at $134.01 on Thursday. The firm has a market cap of $20.35 billion, a P/E ratio of 13.25 and a beta of 0.87. The firm’s 50-day simple moving average is $135.72 and its 200-day simple moving average is $133.11. iShares Select Dividend ETF has a twelve month low of $112.42 and a twelve month high of $144.09.

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 given a dividend of $1.3164 per share. The ex-dividend date was Tuesday, December 17th.

iShares Select Dividend ETF Company 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.