iShares Select Dividend ETF (NASDAQ:DVY) Shares Purchased by Crescent Grove Advisors LLC

Crescent Grove Advisors LLC boosted its stake in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 1.2% in the fourth quarter, Holdings Channel reports. The fund owned 15,224 shares of the company’s stock after purchasing an additional 187 shares during the period. Crescent Grove Advisors LLC’s holdings in iShares Select Dividend ETF were worth $1,999,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Banque Cantonale Vaudoise boosted its stake in shares of iShares Select Dividend ETF by 10.1% during the 3rd quarter. Banque Cantonale Vaudoise now owns 798 shares of the company’s stock worth $108,000 after purchasing an additional 73 shares during the last quarter. JDM Financial Group LLC lifted its stake in shares of iShares Select Dividend ETF by 33.3% during the third quarter. JDM Financial Group LLC now owns 300 shares of the company’s stock valued at $41,000 after buying an additional 75 shares during the period. Unionview LLC boosted its position in iShares Select Dividend ETF by 0.7% during the third quarter. Unionview LLC now owns 11,151 shares of the company’s stock worth $1,506,000 after acquiring an additional 76 shares during the last quarter. CMG Global Holdings LLC grew its stake in iShares Select Dividend ETF by 0.5% in the 3rd quarter. CMG Global Holdings LLC now owns 17,284 shares of the company’s stock worth $2,335,000 after acquiring an additional 80 shares during the period. Finally, Pathway Financial Advisers LLC raised its holdings in iShares Select Dividend ETF by 1.4% in the 2nd quarter. Pathway Financial Advisers LLC now owns 6,137 shares of the company’s stock valued at $740,000 after acquiring an additional 84 shares during the last quarter. 46.08% of the stock is currently owned by hedge funds and other institutional investors.

iShares Select Dividend ETF Stock Up 0.6 %

DVY stock opened at $135.10 on Friday. The stock has a market capitalization of $20.24 billion, a price-to-earnings ratio of 13.25 and a beta of 0.87. iShares Select Dividend ETF has a 52-week low of $112.42 and a 52-week high of $144.09. The stock’s fifty day simple moving average is $135.50 and its 200-day simple moving average is $133.23.

iShares Select Dividend ETF Cuts Dividend

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