Insight Inv LLC Acquires New Position in iShares Select Dividend ETF (NASDAQ:DVY)

Insight Inv LLC purchased a new position in iShares Select Dividend ETF (NASDAQ:DVY) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund purchased 1,662 shares of the company’s stock, valued at approximately $218,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Banque Cantonale Vaudoise lifted its stake in iShares Select Dividend ETF by 10.1% in the third quarter. Banque Cantonale Vaudoise now owns 798 shares of the company’s stock valued at $108,000 after buying an additional 73 shares during the last quarter. JDM Financial Group LLC boosted its position 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 worth $41,000 after buying an additional 75 shares in the last quarter. Unionview LLC raised its holdings in shares of iShares Select Dividend ETF by 0.7% in the third quarter. Unionview LLC now owns 11,151 shares of the company’s stock worth $1,506,000 after acquiring an additional 76 shares during the last quarter. CMG Global Holdings LLC grew its position in shares of iShares Select Dividend ETF by 0.5% in the third quarter. CMG Global Holdings LLC now owns 17,284 shares of the company’s stock valued at $2,335,000 after purchasing an additional 80 shares during the period. Finally, Pathway Financial Advisers LLC raised its position in shares of iShares Select Dividend ETF by 1.4% in the 2nd quarter. Pathway Financial Advisers LLC now owns 6,137 shares of the company’s stock worth $740,000 after buying an additional 84 shares during the period. 46.08% of the stock is currently owned by institutional investors.

iShares Select Dividend ETF Trading Up 0.6 %

Shares of DVY stock opened at $135.10 on Friday. The company has a market capitalization of $20.24 billion, a PE ratio of 13.25 and a beta of 0.87. iShares Select Dividend ETF has a twelve month low of $112.42 and a twelve month high of $144.09. The firm has a fifty day simple moving average of $135.50 and a 200-day simple moving average of $133.23.

iShares Select Dividend ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Friday, December 20th. Investors of record on Tuesday, December 17th were issued a $1.3164 dividend. The ex-dividend date of this dividend was Tuesday, December 17th.

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.