Simplicity Wealth LLC Acquires 450 Shares of iShares Select Dividend ETF (NASDAQ:DVY)

Simplicity Wealth LLC increased its holdings in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 7.0% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 6,898 shares of the company’s stock after purchasing an additional 450 shares during the period. Simplicity Wealth LLC’s holdings in iShares Select Dividend ETF were worth $906,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Bank of New York Mellon Corp lifted its position in iShares Select Dividend ETF by 0.7% during the fourth quarter. Bank of New York Mellon Corp now owns 1,881,782 shares of the company’s stock worth $247,059,000 after acquiring an additional 13,228 shares during the last quarter. LPL Financial LLC lifted its position in iShares Select Dividend ETF by 4.6% during the third quarter. LPL Financial LLC now owns 1,465,825 shares of the company’s stock worth $197,989,000 after acquiring an additional 64,620 shares during the last quarter. JPMorgan Chase & Co. lifted its position in iShares Select Dividend ETF by 0.5% during the third quarter. JPMorgan Chase & Co. now owns 1,380,841 shares of the company’s stock worth $186,510,000 after acquiring an additional 7,012 shares during the last quarter. Truist Financial Corp lifted its position in iShares Select Dividend ETF by 3.9% during the fourth quarter. Truist Financial Corp now owns 1,195,080 shares of the company’s stock worth $156,902,000 after acquiring an additional 44,508 shares during the last quarter. Finally, Raymond James Financial Inc. acquired a new stake in iShares Select Dividend ETF during the fourth quarter worth approximately $156,322,000. Institutional investors own 46.08% of the company’s stock.

iShares Select Dividend ETF Stock Up 1.0 %

Shares of DVY stock opened at $134.30 on Monday. The firm has a 50 day moving average price of $134.22 and a two-hundred day moving average price of $135.09. The company has a market capitalization of $19.96 billion, a PE ratio of 16.35 and a beta of 0.87. iShares Select Dividend ETF has a 12-month low of $115.43 and a 12-month high of $144.09.

iShares Select Dividend ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Friday, December 20th. Shareholders 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 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.