264,610 Shares in iShares Select Dividend ETF (NASDAQ:DVY) Acquired by Moment Partners LLC

Moment Partners LLC bought a new stake in iShares Select Dividend ETF (NASDAQ:DVY) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 264,610 shares of the company’s stock, valued at approximately $34,741,000. iShares Select Dividend ETF comprises 6.6% of Moment Partners LLC’s portfolio, making the stock its 6th largest position.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in DVY. JPMorgan Chase & Co. increased its position in shares of iShares Select Dividend ETF by 0.5% during the third quarter. JPMorgan Chase & Co. now owns 1,380,841 shares of the company’s stock worth $186,510,000 after buying an additional 7,012 shares during the period. ORG Partners LLC boosted its position in iShares Select Dividend ETF by 331.9% during the fourth quarter. ORG Partners LLC now owns 488 shares of the company’s stock valued at $64,000 after acquiring an additional 375 shares during the last quarter. Charles Schwab Investment Management Inc. grew its holdings in iShares Select Dividend ETF by 588.4% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 288,441 shares of the company’s stock worth $37,869,000 after acquiring an additional 246,540 shares during the period. Regatta Capital Group LLC raised its position in shares of iShares Select Dividend ETF by 6.7% in the 4th quarter. Regatta Capital Group LLC now owns 3,965 shares of the company’s stock worth $521,000 after acquiring an additional 250 shares in the last quarter. Finally, Fulton Bank N.A. lifted its stake in shares of iShares Select Dividend ETF by 20.4% in the 4th quarter. Fulton Bank N.A. now owns 26,935 shares of the company’s stock valued at $3,536,000 after purchasing an additional 4,568 shares during the period. Institutional investors and hedge funds own 46.08% of the company’s stock.

iShares Select Dividend ETF Price Performance

NASDAQ DVY opened at $133.91 on Thursday. The stock has a market capitalization of $19.91 billion, a P/E ratio of 15.96 and a beta of 0.87. The business has a 50 day simple moving average of $134.75 and a 200 day simple moving average of $135.10. iShares Select Dividend ETF has a one year low of $115.43 and a one year high of $144.09.

iShares Select Dividend ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Friday, March 21st. Stockholders of record on Tuesday, March 18th were paid a $1.0495 dividend. The ex-dividend date was Tuesday, March 18th.

iShares Select Dividend ETF 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.