Fairvoy Private Wealth LLC Acquires Shares of 2,734 iShares Select Dividend ETF (NASDAQ:DVY)

Fairvoy Private Wealth LLC bought a new position in iShares Select Dividend ETF (NASDAQ:DVY) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 2,734 shares of the company’s stock, valued at approximately $359,000.

Other hedge funds have also recently made changes to their positions in the company. Rik Saylor Financial Inc. bought a new position in iShares Select Dividend ETF in the 4th quarter worth approximately $675,000. Beacon Financial Advisory LLC lifted its position in shares of iShares Select Dividend ETF by 3.3% during the fourth quarter. Beacon Financial Advisory LLC now owns 8,000 shares of the company’s stock worth $1,050,000 after acquiring an additional 258 shares in the last quarter. Bleakley Financial Group LLC boosted its holdings in shares of iShares Select Dividend ETF by 352.7% in the fourth quarter. Bleakley Financial Group LLC now owns 20,448 shares of the company’s stock worth $2,685,000 after acquiring an additional 15,931 shares during the period. YANKCOM Partnership purchased a new position in shares of iShares Select Dividend ETF in the fourth quarter valued at $368,000. Finally, Robertson Stephens Wealth Management LLC raised its stake in shares of iShares Select Dividend ETF by 6.9% during the 4th quarter. Robertson Stephens Wealth Management LLC now owns 11,960 shares of the company’s stock valued at $1,570,000 after purchasing an additional 770 shares during the period. 46.08% of the stock is currently owned by institutional investors.

iShares Select Dividend ETF Stock Performance

Shares of DVY opened at $134.10 on Friday. iShares Select Dividend ETF has a 52-week low of $112.42 and a 52-week high of $144.09. The stock’s 50-day simple moving average is $134.33 and its 200 day simple moving average is $133.84. The stock has a market capitalization of $19.93 billion, a price-to-earnings ratio of 13.25 and a beta of 0.87.

iShares Select Dividend ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Friday, December 20th. Investors of record on Tuesday, December 17th were given a $1.3164 dividend. 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.