Hoylecohen LLC Makes New $203,000 Investment in iShares Select Dividend ETF (NASDAQ:DVY)

Hoylecohen LLC acquired a new stake in iShares Select Dividend ETF (NASDAQ:DVY) during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor acquired 1,734 shares of the company’s stock, valued at approximately $203,000.

A number of other hedge funds have also recently added to or reduced their stakes in DVY. International Assets Investment Management LLC grew its stake in shares of iShares Select Dividend ETF by 12,638.3% in the fourth quarter. International Assets Investment Management LLC now owns 2,407,409 shares of the company’s stock worth $282,196,000 after acquiring an additional 2,388,510 shares during the last quarter. Comerica Bank bought a new stake in shares of iShares Select Dividend ETF during the third quarter valued at approximately $61,160,000. Miller Howard Investments Inc. NY lifted its position in iShares Select Dividend ETF by 110.0% during the 4th quarter. Miller Howard Investments Inc. NY now owns 403,081 shares of the company’s stock valued at $47,249,000 after purchasing an additional 211,112 shares during the period. Charles Schwab Investment Management Inc. grew its holdings in iShares Select Dividend ETF by 244.8% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 171,206 shares of the company’s stock worth $18,429,000 after acquiring an additional 121,551 shares during the period. Finally, Northern Trust Corp lifted its stake in iShares Select Dividend ETF by 3.0% in the third quarter. Northern Trust Corp now owns 3,446,617 shares of the company’s stock valued at $370,994,000 after buying an additional 101,996 shares during the period. Institutional investors and hedge funds own 46.08% of the company’s stock.

iShares Select Dividend ETF Stock Performance

DVY stock traded up $0.78 during midday trading on Friday, hitting $123.18. 214,707 shares of the company’s stock were exchanged, compared to its average volume of 538,435. iShares Select Dividend ETF has a one year low of $102.66 and a one year high of $125.99. The stock’s fifty day moving average price is $121.36 and its 200-day moving average price is $117.27. The company has a market cap of $18.72 billion, a PE ratio of 13.25 and a beta of 0.87.

iShares Select Dividend ETF Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, March 27th. Investors of record on Friday, March 22nd were paid a $0.9976 dividend. This represents a $3.99 dividend on an annualized basis and a yield of 3.24%. The ex-dividend date was Thursday, March 21st.

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.