KPP Advisory Services LLC Purchases 1,065 Shares of iShares Select Dividend ETF (NASDAQ:DVY)

KPP Advisory Services LLC lifted its position in iShares Select Dividend ETF (NASDAQ:DVY) by 63.7% in the 4th quarter, Holdings Channel reports. The fund owned 2,738 shares of the company’s stock after acquiring an additional 1,065 shares during the quarter. KPP Advisory Services LLC’s holdings in iShares Select Dividend ETF were worth $359,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the company. Thurston Springer Miller Herd & Titak Inc. grew its holdings in iShares Select Dividend ETF by 340.9% in the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 194 shares of the company’s stock worth $25,000 after purchasing an additional 150 shares during the period. ORG Wealth Partners LLC bought a new stake in shares of iShares Select Dividend ETF in the 3rd quarter worth approximately $36,000. JDM Financial Group LLC grew its stake 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 during the last quarter. ORG Partners LLC increased its position in iShares Select Dividend ETF by 331.9% during the 4th quarter. ORG Partners LLC now owns 488 shares of the company’s stock valued at $64,000 after buying an additional 375 shares in the last quarter. Finally, Richardson Financial Services Inc. raised its stake in iShares Select Dividend ETF by 17.9% during the fourth quarter. Richardson Financial Services Inc. now owns 494 shares of the company’s stock valued at $65,000 after buying an additional 75 shares during the last quarter. Institutional investors own 46.08% of the company’s stock.

iShares Select Dividend ETF Trading Down 0.4 %

iShares Select Dividend ETF stock opened at $134.25 on Tuesday. iShares Select Dividend ETF has a 12 month low of $112.42 and a 12 month high of $144.09. The business’s fifty day simple moving average is $135.03 and its two-hundred day simple moving average is $133.73. The company has a market capitalization of $19.98 billion, a price-to-earnings ratio of 13.25 and a beta of 0.87.

iShares Select Dividend ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Friday, December 20th. Investors of record on Tuesday, December 17th were given a dividend of $1.3164 per share. The ex-dividend date 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.