iShares Select Dividend ETF (NASDAQ:DVY) Shares Purchased by Cabana LLC

Cabana LLC grew its holdings in iShares Select Dividend ETF (NASDAQ:DVY) by 14.5% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 20,012 shares of the company’s stock after buying an additional 2,540 shares during the quarter. iShares Select Dividend ETF accounts for approximately 13.0% of Cabana LLC’s holdings, making the stock its 3rd biggest holding. Cabana LLC’s holdings in iShares Select Dividend ETF were worth $2,627,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Thurston Springer Miller Herd & Titak Inc. raised its holdings in iShares Select Dividend ETF by 340.9% during the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 194 shares of the company’s stock worth $25,000 after buying an additional 150 shares during the period. ORG Wealth Partners LLC acquired a new stake in shares of iShares Select Dividend ETF in the third quarter valued at approximately $36,000. JDM Financial Group LLC raised its holdings in shares of iShares Select Dividend ETF by 33.3% in 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 during the last quarter. Financial Life Planners acquired a new stake in shares of iShares Select Dividend ETF in the fourth quarter valued at approximately $58,000. Finally, ORG Partners LLC raised its holdings in shares of iShares Select Dividend ETF by 331.9% in the fourth quarter. ORG Partners LLC now owns 488 shares of the company’s stock valued at $64,000 after purchasing an additional 375 shares during the last quarter. Institutional investors and hedge funds own 46.08% of the company’s stock.

iShares Select Dividend ETF Stock Down 0.4 %

NASDAQ DVY opened at $134.25 on Tuesday. iShares Select Dividend ETF has a 12-month low of $112.42 and a 12-month high of $144.09. The company has a market capitalization of $19.98 billion, a PE ratio of 13.25 and a beta of 0.87. The firm’s 50 day moving average is $135.03 and its 200-day moving average is $133.73.

iShares Select Dividend ETF Cuts Dividend

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

iShares Select Dividend ETF 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.