Simon Quick Advisors LLC Increases Stock Position in iShares Select Dividend ETF (NASDAQ:DVY)

Simon Quick Advisors LLC boosted its holdings in iShares Select Dividend ETF (NASDAQ:DVY) by 2.6% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 23,815 shares of the company’s stock after buying an additional 607 shares during the period. Simon Quick Advisors LLC’s holdings in iShares Select Dividend ETF were worth $3,127,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Planned Solutions Inc. increased its position in shares of iShares Select Dividend ETF by 27.2% during the fourth quarter. Planned Solutions Inc. now owns 9,871 shares of the company’s stock valued at $1,296,000 after buying an additional 2,108 shares during the period. Transform Wealth LLC grew its stake in iShares Select Dividend ETF by 61.8% during the fourth quarter. Transform Wealth LLC now owns 7,506 shares of the company’s stock valued at $985,000 after acquiring an additional 2,866 shares in the last quarter. First United Bank & Trust increased its holdings in iShares Select Dividend ETF by 3.5% during the 4th quarter. First United Bank & Trust now owns 55,537 shares of the company’s stock worth $7,291,000 after acquiring an additional 1,865 shares during the period. Tudor Financial Inc. lifted its stake in iShares Select Dividend ETF by 9.3% in the 4th quarter. Tudor Financial Inc. now owns 2,618 shares of the company’s stock worth $344,000 after purchasing an additional 222 shares in the last quarter. Finally, Cove Private Wealth LLC purchased a new stake in iShares Select Dividend ETF in the 4th quarter worth approximately $267,000. Institutional investors own 46.08% of the company’s stock.

iShares Select Dividend ETF Price Performance

DVY opened at $136.14 on Wednesday. The firm has a market capitalization of $20.67 billion, a P/E ratio of 13.25 and a beta of 0.87. iShares Select Dividend ETF has a one year low of $112.42 and a one year high of $144.09. The company has a fifty day moving average price of $135.76 and a 200-day moving average price of $133.00.

iShares Select Dividend ETF Cuts Dividend

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

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.