Joel Isaacson & Co. LLC Purchases 258 Shares of iShares Select Dividend ETF (NASDAQ:DVY)

Joel Isaacson & Co. LLC raised its holdings in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 1.1% in the 4th quarter, Holdings Channel.com reports. The fund owned 23,092 shares of the company’s stock after buying an additional 258 shares during the period. Joel Isaacson & Co. LLC’s holdings in iShares Select Dividend ETF were worth $3,032,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in DVY. Thurston Springer Miller Herd & Titak Inc. grew its position in iShares Select Dividend ETF by 340.9% in the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 194 shares of the company’s stock valued at $25,000 after purchasing an additional 150 shares in the last quarter. ORG Wealth Partners LLC acquired a new position in shares of iShares Select Dividend ETF during the 3rd quarter worth about $36,000. JDM Financial Group LLC grew its holdings in shares of iShares Select Dividend ETF by 33.3% in 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 in the last quarter. Weaver Capital Management LLC acquired a new stake in shares of iShares Select Dividend ETF in the fourth quarter valued at about $43,000. Finally, Financial Life Planners bought a new stake in iShares Select Dividend ETF during the fourth quarter worth about $58,000. 46.08% of the stock is currently owned by institutional investors and hedge funds.

iShares Select Dividend ETF Stock Performance

Shares of NASDAQ DVY opened at $134.10 on Friday. The stock has a market capitalization of $19.93 billion, a PE ratio of 13.25 and a beta of 0.87. iShares Select Dividend ETF has a 52 week low of $112.42 and a 52 week high of $144.09. The stock has a 50 day moving average price of $134.33 and a 200 day moving average price of $133.84.

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 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.