QRG Capital Management Inc. Purchases 430 Shares of iShares Select Dividend ETF (NASDAQ:DVY)

QRG Capital Management Inc. grew its position in iShares Select Dividend ETF (NASDAQ:DVY) by 5.4% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 8,441 shares of the company’s stock after acquiring an additional 430 shares during the quarter. QRG Capital Management Inc.’s holdings in iShares Select Dividend ETF were worth $1,108,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also modified their holdings of the company. Thurston Springer Miller Herd & Titak Inc. lifted its holdings in shares of iShares Select Dividend ETF by 340.9% in 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 bought a new stake in shares of iShares Select Dividend ETF in the 4th quarter valued at approximately $33,000. Roxbury Financial LLC purchased a new position in shares of iShares Select Dividend ETF in the 4th quarter worth approximately $38,000. JDM Financial Group LLC increased its position 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 purchasing an additional 75 shares during the last quarter. Finally, Weaver Capital Management LLC purchased a new stake in iShares Select Dividend ETF during the 4th quarter valued at $43,000. 46.08% of the stock is owned by hedge funds and other institutional investors.

iShares Select Dividend ETF Stock Down 0.5 %

NASDAQ DVY opened at $137.45 on Tuesday. iShares Select Dividend ETF has a 52 week low of $115.43 and a 52 week high of $144.09. The firm has a market capitalization of $20.43 billion, a price-to-earnings ratio of 16.35 and a beta of 0.87. The company has a fifty day moving average of $134.12 and a two-hundred day moving average of $134.99.

iShares Select Dividend ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Friday, December 20th. Investors 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.