Sapient Capital LLC Acquires Shares of 28,116 iShares Select Dividend ETF $DVY

Sapient Capital LLC acquired a new stake in iShares Select Dividend ETF (NASDAQ:DVY) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 28,116 shares of the company’s stock, valued at approximately $3,998,000.

Several other large investors also recently added to or reduced their stakes in DVY. Advisory Services Network LLC grew its stake in shares of iShares Select Dividend ETF by 11.8% in the 3rd quarter. Advisory Services Network LLC now owns 128,690 shares of the company’s stock worth $18,287,000 after purchasing an additional 13,536 shares during the last quarter. HighTower Advisors LLC grew its stake in shares of iShares Select Dividend ETF by 5.2% in the 3rd quarter. HighTower Advisors LLC now owns 329,839 shares of the company’s stock worth $46,870,000 after purchasing an additional 16,296 shares during the last quarter. FAS Wealth Partners Inc. grew its stake in shares of iShares Select Dividend ETF by 12.5% in the 3rd quarter. FAS Wealth Partners Inc. now owns 31,308 shares of the company’s stock worth $4,449,000 after purchasing an additional 3,467 shares during the last quarter. Caprock Group LLC acquired a new position in shares of iShares Select Dividend ETF in the 3rd quarter worth approximately $459,000. Finally, American Wealth Advisors LLC acquired a new position in shares of iShares Select Dividend ETF in the 3rd quarter worth approximately $1,884,000. 46.08% of the stock is owned by hedge funds and other institutional investors.

iShares Select Dividend ETF Price Performance

Shares of DVY opened at $150.96 on Monday. The firm’s 50 day moving average is $151.68 and its 200-day moving average is $148.09. The stock has a market capitalization of $22.21 billion, a P/E ratio of 13.69 and a beta of 0.67. iShares Select Dividend ETF has a 12-month low of $128.96 and a 12-month high of $160.38.

iShares Select Dividend ETF Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 20th. Stockholders of record on Tuesday, March 17th were paid a $1.1493 dividend. The ex-dividend date of this dividend was Tuesday, March 17th. This represents a $4.60 annualized dividend and a dividend yield of 3.0%.

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. The Index consists of 100 of the highest dividend-yielding securities (excluding real estate investment trusts (REITs) in the Dow Jones U.S.