Runnymede Capital Advisors Inc. Takes Position in iShares Select Dividend ETF (NASDAQ:DVY)

Runnymede Capital Advisors Inc. purchased a new stake in iShares Select Dividend ETF (NASDAQ:DVY) during the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 1,445 shares of the company’s stock, valued at approximately $190,000.

Several other large investors have also modified their holdings of the business. Cyrus J. Lawrence LLC lifted its stake in shares of iShares Select Dividend ETF by 740.0% in the 4th quarter. Cyrus J. Lawrence LLC now owns 1,680 shares of the company’s stock valued at $220,000 after purchasing an additional 1,480 shares during the last quarter. Millstone Evans Group LLC acquired a new position in shares of iShares Select Dividend ETF in the 4th quarter valued at $36,000. TD Private Client Wealth LLC lifted its stake in iShares Select Dividend ETF by 4.3% during the 4th quarter. TD Private Client Wealth LLC now owns 48,927 shares of the company’s stock worth $6,424,000 after acquiring an additional 2,011 shares in the last quarter. Lee Danner & Bass Inc. lifted its stake in iShares Select Dividend ETF by 41.5% during the 4th quarter. Lee Danner & Bass Inc. now owns 3,410 shares of the company’s stock worth $448,000 after acquiring an additional 1,000 shares in the last quarter. Finally, HUB Investment Partners LLC lifted its stake in iShares Select Dividend ETF by 7.1% during the 4th quarter. HUB Investment Partners LLC now owns 5,083 shares of the company’s stock worth $667,000 after acquiring an additional 335 shares in the last quarter. Institutional investors and hedge funds own 46.08% of the company’s stock.

iShares Select Dividend ETF Trading Down 0.5 %

DVY opened at $132.77 on Friday. The stock’s 50-day moving average price is $134.60 and its 200 day moving average price is $135.06. iShares Select Dividend ETF has a 12-month low of $115.43 and a 12-month high of $144.09. The firm has a market cap of $19.61 billion, a price-to-earnings ratio of 15.96 and a beta of 0.88.

iShares Select Dividend ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Friday, March 21st. Investors of record on Tuesday, March 18th were paid a dividend of $1.0495 per share. The ex-dividend date was Tuesday, March 18th.

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.