Hoey Investments Inc. Buys 407 Shares of iShares Select Dividend ETF (NASDAQ:DVY)

Hoey Investments Inc. grew its holdings in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 10,175.0% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 411 shares of the company’s stock after buying an additional 407 shares during the period. Hoey Investments Inc.’s holdings in iShares Select Dividend ETF were worth $54,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Thurston Springer Miller Herd & Titak Inc. lifted its holdings in iShares Select Dividend ETF by 340.9% during the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 194 shares of the company’s stock valued at $25,000 after purchasing an additional 150 shares in the last quarter. Transamerica Financial Advisors Inc. purchased a new position in shares of iShares Select Dividend ETF during the 4th quarter worth about $27,000. Creative Capital Management Investments LLC purchased a new stake in shares of iShares Select Dividend ETF in the fourth quarter worth approximately $33,000. Millstone Evans Group LLC purchased a new stake in iShares Select Dividend ETF in the fourth quarter worth $36,000. Finally, Roxbury Financial LLC bought a new stake in iShares Select Dividend ETF during the 4th quarter valued at about $38,000. Hedge funds and other institutional investors own 46.08% of the company’s stock.

iShares Select Dividend ETF Stock Performance

NASDAQ:DVY opened at $132.74 on Monday. The firm has a market cap of $19.73 billion, a P/E ratio of 15.96 and a beta of 0.87. iShares Select Dividend ETF has a one year low of $115.43 and a one year high of $144.09. The firm has a 50-day simple moving average of $134.70 and a 200-day simple moving average of $135.13.

iShares Select Dividend ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Friday, March 21st. Shareholders of record on Tuesday, March 18th were paid a dividend of $1.0495 per share. The ex-dividend date was Tuesday, March 18th.

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.