iShares Select Dividend ETF (NASDAQ:DVY) Position Boosted by Flagship Private Wealth LLC

Flagship Private Wealth LLC boosted its holdings in iShares Select Dividend ETF (NASDAQ:DVY) by 29.3% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 2,317 shares of the company’s stock after acquiring an additional 525 shares during the quarter. Flagship Private Wealth LLC’s holdings in iShares Select Dividend ETF were worth $304,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Rockwood Wealth Management LLC grew its stake in shares of iShares Select Dividend ETF by 45.4% in the fourth quarter. Rockwood Wealth Management LLC now owns 2,760 shares of the company’s stock worth $361,000 after purchasing an additional 862 shares in the last quarter. Crescent Grove Advisors LLC lifted its holdings in iShares Select Dividend ETF by 1.2% in the fourth quarter. Crescent Grove Advisors LLC now owns 15,224 shares of the company’s stock worth $1,999,000 after purchasing an additional 187 shares during the period. Duncan Williams Asset Management LLC bought a new position in iShares Select Dividend ETF in the 4th quarter valued at about $209,000. Affiance Financial LLC acquired a new position in iShares Select Dividend ETF during the 4th quarter valued at about $299,000. Finally, Juncture Wealth Strategies LLC raised its position in shares of iShares Select Dividend ETF by 2.8% during the 4th quarter. Juncture Wealth Strategies LLC now owns 5,150 shares of the company’s stock worth $676,000 after buying an additional 138 shares in the last quarter. Institutional investors own 46.08% of the company’s stock.

iShares Select Dividend ETF Price Performance

iShares Select Dividend ETF stock opened at $135.10 on Friday. iShares Select Dividend ETF has a 12-month low of $112.42 and a 12-month high of $144.09. The stock has a market capitalization of $20.24 billion, a PE ratio of 13.25 and a beta of 0.87. The firm has a 50 day simple moving average of $135.50 and a 200-day simple moving average of $133.23.

iShares Select Dividend ETF Cuts Dividend

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

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.