Flywheel Private Wealth LLC Invests $695,000 in iShares Select Dividend ETF (NASDAQ:DVY)

Flywheel Private Wealth LLC purchased a new stake in iShares Select Dividend ETF (NASDAQ:DVY) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 5,294 shares of the company’s stock, valued at approximately $695,000. iShares Select Dividend ETF accounts for 0.6% of Flywheel Private Wealth LLC’s investment portfolio, making the stock its 27th largest position.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Banque Cantonale Vaudoise increased its position in iShares Select Dividend ETF by 10.1% during the 3rd quarter. Banque Cantonale Vaudoise now owns 798 shares of the company’s stock valued at $108,000 after purchasing an additional 73 shares during the period. JDM Financial Group LLC boosted its stake in shares of iShares Select Dividend ETF by 33.3% during the third quarter. JDM Financial Group LLC now owns 300 shares of the company’s stock valued at $41,000 after purchasing an additional 75 shares in the last quarter. Unionview LLC increased its holdings in iShares Select Dividend ETF by 0.7% during the third quarter. Unionview LLC now owns 11,151 shares of the company’s stock valued at $1,506,000 after buying an additional 76 shares during the period. CMG Global Holdings LLC raised its stake in iShares Select Dividend ETF by 0.5% in the third quarter. CMG Global Holdings LLC now owns 17,284 shares of the company’s stock worth $2,335,000 after buying an additional 80 shares in the last quarter. Finally, Pathway Financial Advisers LLC lifted its holdings in iShares Select Dividend ETF by 1.4% during the second quarter. Pathway Financial Advisers LLC now owns 6,137 shares of the company’s stock worth $740,000 after buying an additional 84 shares during the period. Institutional investors own 46.08% of the company’s stock.

iShares Select Dividend ETF Trading Up 1.3 %

Shares of NASDAQ DVY opened at $132.80 on Thursday. The stock has a market capitalization of $20.22 billion, a PE ratio of 13.25 and a beta of 0.87. iShares Select Dividend ETF has a 12-month low of $112.42 and a 12-month high of $144.09. The stock’s fifty day simple moving average is $136.10 and its two-hundred day simple moving average is $132.62.

iShares Select Dividend ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Friday, December 20th. Investors of record on Tuesday, December 17th were given a dividend of $1.3164 per share. The ex-dividend date was Tuesday, December 17th.

iShares Select Dividend ETF Company 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.