1,978 Shares in iShares Select Dividend ETF (NASDAQ:DVY) Bought by TBH Global Asset Management LLC

TBH Global Asset Management LLC acquired a new stake in shares of iShares Select Dividend ETF (NASDAQ:DVY) during the fourth quarter, Holdings Channel.com reports. The firm acquired 1,978 shares of the company’s stock, valued at approximately $260,000.

Several other hedge funds and other institutional investors have also made changes to their positions in DVY. Thurston Springer Miller Herd & Titak Inc. lifted its stake 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 worth $25,000 after acquiring an additional 150 shares during the last quarter. Creative Capital Management Investments LLC bought a new stake in shares of iShares Select Dividend ETF during the fourth quarter worth $33,000. Roxbury Financial LLC bought a new stake in shares of iShares Select Dividend ETF during the fourth quarter worth $38,000. JDM Financial Group LLC boosted its stake in shares of iShares Select Dividend ETF by 33.3% during 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 during the period. Finally, Weaver Capital Management LLC bought a new position in shares of iShares Select Dividend ETF in the fourth quarter worth about $43,000. Hedge funds and other institutional investors own 46.08% of the company’s stock.

iShares Select Dividend ETF Price Performance

Shares of DVY opened at $137.31 on Friday. The firm has a market capitalization of $20.41 billion, a price-to-earnings ratio of 13.25 and a beta of 0.87. iShares Select Dividend ETF has a 1-year low of $115.02 and a 1-year high of $144.09. The company has a 50-day moving average of $133.50 and a 200 day moving average of $134.31.

iShares Select Dividend ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Friday, December 20th. Stockholders of record on Tuesday, December 17th were paid a dividend of $1.3164 per share. 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.