Harel Insurance Investments & Financial Services Ltd. Purchases 1,700 Shares of iShares Select Dividend ETF (NASDAQ:DVY)

Harel Insurance Investments & Financial Services Ltd. increased its stake in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 46.7% in the 4th quarter, Holdings Channel reports. The firm owned 5,338 shares of the company’s stock after buying an additional 1,700 shares during the period. Harel Insurance Investments & Financial Services Ltd.’s holdings in iShares Select Dividend ETF were worth $701,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently modified their holdings of DVY. NewEdge Advisors LLC lifted its position in shares of iShares Select Dividend ETF by 5.6% in the second quarter. NewEdge Advisors LLC now owns 75,747 shares of the company’s stock worth $9,164,000 after buying an additional 4,031 shares in the last quarter. JPMorgan Chase & Co. lifted its stake in shares of iShares Select Dividend ETF by 0.5% during the 3rd 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. Sequoia Financial Advisors LLC boosted its stake in shares of iShares Select Dividend ETF by 2.2% during the third quarter. Sequoia Financial Advisors LLC now owns 47,836 shares of the company’s stock valued at $6,461,000 after purchasing an additional 1,041 shares during the period. Global Retirement Partners LLC grew its stake in iShares Select Dividend ETF by 12.0% in the 3rd quarter. Global Retirement Partners LLC now owns 4,232 shares of the company’s stock worth $572,000 after acquiring an additional 455 shares in the last quarter. Finally, ORG Partners LLC grew its stake in iShares Select Dividend ETF by 331.9% in the fourth quarter. ORG Partners LLC now owns 488 shares of the company’s stock worth $64,000 after purchasing an additional 375 shares in the last quarter. 46.08% of the stock is owned by institutional investors.

iShares Select Dividend ETF Trading Up 0.6 %

Shares of NASDAQ DVY opened at $135.10 on Friday. iShares Select Dividend ETF has a 12-month low of $112.42 and a 12-month high of $144.09. The stock has a market capitalization of $20.51 billion, a PE ratio of 13.25 and a beta of 0.87. The stock’s fifty day simple moving average is $135.56 and its two-hundred day simple moving average is $133.13.

iShares Select Dividend ETF Cuts Dividend

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