iShares Select Dividend ETF (NASDAQ:DVY) Shares Acquired by Cwm LLC

Cwm LLC increased its stake in iShares Select Dividend ETF (NASDAQ:DVY) by 63.1% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 32,977 shares of the company’s stock after acquiring an additional 12,764 shares during the period. Cwm LLC’s holdings in iShares Select Dividend ETF were worth $3,866,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Powell Investment Advisors LLC raised its holdings in iShares Select Dividend ETF by 1.4% in the fourth quarter. Powell Investment Advisors LLC now owns 93,122 shares of the company’s stock valued at $10,916,000 after buying an additional 1,247 shares during the period. CRA Financial Services LLC raised its holdings in iShares Select Dividend ETF by 9.6% in the fourth quarter. CRA Financial Services LLC now owns 7,440 shares of the company’s stock valued at $872,000 after buying an additional 652 shares during the period. Dupree Financial Group LLC purchased a new position in iShares Select Dividend ETF in the fourth quarter valued at approximately $765,000. J.W. Cole Advisors Inc. raised its holdings in iShares Select Dividend ETF by 3.1% in the fourth quarter. J.W. Cole Advisors Inc. now owns 30,888 shares of the company’s stock valued at $3,621,000 after buying an additional 919 shares during the period. Finally, Wetzel Investment Advisors Inc. purchased a new position in iShares Select Dividend ETF in the fourth quarter valued at approximately $65,000. 46.08% of the stock is owned by institutional investors and hedge funds.

iShares Select Dividend ETF Stock Performance

NASDAQ DVY opened at $120.92 on Thursday. iShares Select Dividend ETF has a one year low of $102.66 and a one year high of $123.43. The company’s 50 day moving average price is $118.94 and its 200 day moving average price is $114.70. The firm has a market capitalization of $18.37 billion, a price-to-earnings ratio of 12.98 and a beta of 0.87.

iShares Select Dividend ETF Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, March 27th. Stockholders of record on Friday, March 22nd were paid a dividend of $0.9976 per share. The ex-dividend date of this dividend was Thursday, March 21st. This represents a $3.99 dividend on an annualized basis and a dividend yield of 3.30%.

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.