Planned Solutions Inc. Raises Position in iShares Select Dividend ETF (NASDAQ:DVY)

Planned Solutions Inc. increased its position in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 27.2% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 9,871 shares of the company’s stock after purchasing an additional 2,108 shares during the period. iShares Select Dividend ETF makes up approximately 0.5% of Planned Solutions Inc.’s portfolio, making the stock its 26th largest position. Planned Solutions Inc.’s holdings in iShares Select Dividend ETF were worth $1,296,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. NewEdge Advisors LLC lifted its holdings in shares of iShares Select Dividend ETF by 5.6% in the 2nd quarter. NewEdge Advisors LLC now owns 75,747 shares of the company’s stock valued at $9,164,000 after buying an additional 4,031 shares during the period. JPMorgan Chase & Co. lifted its holdings in iShares Select Dividend ETF by 0.5% in the third 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 period. Sequoia Financial Advisors LLC lifted its holdings in iShares Select Dividend ETF by 2.2% in the third quarter. Sequoia Financial Advisors LLC now owns 47,836 shares of the company’s stock valued at $6,461,000 after acquiring an additional 1,041 shares during the period. Global Retirement Partners LLC grew its stake in shares of iShares Select Dividend ETF by 12.0% during the 3rd quarter. Global Retirement Partners LLC now owns 4,232 shares of the company’s stock worth $572,000 after purchasing an additional 455 shares during the period. Finally, ORG Partners LLC increased 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 purchasing an additional 375 shares in the last quarter. Institutional investors and hedge funds own 46.08% of the company’s stock.

iShares Select Dividend ETF Trading Up 0.7 %

DVY stock opened at $134.80 on Tuesday. iShares Select Dividend ETF has a 52 week low of $112.42 and a 52 week high of $144.09. The company has a market cap of $20.47 billion, a P/E ratio of 13.25 and a beta of 0.87. The company’s 50-day moving average price is $135.84 and its 200 day moving average price is $132.90.

iShares Select Dividend ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Friday, December 20th. Investors of record on Tuesday, December 17th were paid a $1.3164 dividend. 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.