North Forty Two & Co. Purchases New Position in iShares Select Dividend ETF (NASDAQ:DVY)

North Forty Two & Co. purchased a new stake in iShares Select Dividend ETF (NASDAQ:DVY) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 4,227 shares of the company’s stock, valued at approximately $555,000.

Other institutional investors have also recently made changes to their positions in the company. JPMorgan Chase & Co. lifted its holdings in shares of iShares Select Dividend ETF by 0.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,380,841 shares of the company’s stock valued at $186,510,000 after acquiring an additional 7,012 shares during the last quarter. ORG Partners LLC lifted its holdings in shares of iShares Select Dividend ETF by 331.9% in the 4th quarter. ORG Partners LLC now owns 488 shares of the company’s stock valued at $64,000 after acquiring an additional 375 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its holdings in shares of iShares Select Dividend ETF by 588.4% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 288,441 shares of the company’s stock valued at $37,869,000 after acquiring an additional 246,540 shares during the last quarter. Regatta Capital Group LLC lifted its holdings in shares of iShares Select Dividend ETF by 6.7% in the 4th quarter. Regatta Capital Group LLC now owns 3,965 shares of the company’s stock valued at $521,000 after acquiring an additional 250 shares during the last quarter. Finally, Fulton Bank N.A. lifted its holdings in shares of iShares Select Dividend ETF by 20.4% in the 4th quarter. Fulton Bank N.A. now owns 26,935 shares of the company’s stock valued at $3,536,000 after acquiring an additional 4,568 shares during the last quarter. Institutional investors own 46.08% of the company’s stock.

iShares Select Dividend ETF Trading Down 1.1 %

Shares of NASDAQ:DVY opened at $132.97 on Wednesday. iShares Select Dividend ETF has a 12 month low of $115.43 and a 12 month high of $144.09. The company has a 50-day moving average price of $134.40 and a 200 day moving average price of $135.09. The company has a market cap of $19.64 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 disclosed a dividend, which will be paid on Friday, March 21st. Investors of record on Tuesday, March 18th will be given a $1.0495 dividend. The ex-dividend date is Tuesday, March 18th.

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.