Sonata Capital Group Inc. Acquires 101 Shares of iShares Select Dividend ETF (NASDAQ:DVY)

Sonata Capital Group Inc. grew its holdings in iShares Select Dividend ETF (NASDAQ:DVY) by 0.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 25,548 shares of the company’s stock after buying an additional 101 shares during the period. iShares Select Dividend ETF accounts for about 1.4% of Sonata Capital Group Inc.’s portfolio, making the stock its 19th biggest holding. Sonata Capital Group Inc.’s holdings in iShares Select Dividend ETF were worth $3,354,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Ritholtz Wealth Management raised its holdings in iShares Select Dividend ETF by 33.7% in the 3rd quarter. Ritholtz Wealth Management now owns 2,678 shares of the company’s stock valued at $362,000 after acquiring an additional 675 shares during the period. Carnegie Investment Counsel increased its stake in shares of iShares Select Dividend ETF by 2.9% during the third quarter. Carnegie Investment Counsel now owns 12,410 shares of the company’s stock worth $1,676,000 after purchasing an additional 350 shares during the period. ORG Wealth Partners LLC bought a new position in shares of iShares Select Dividend ETF during the third quarter worth approximately $36,000. Fiduciary Alliance LLC acquired a new stake in iShares Select Dividend ETF during the 3rd quarter worth approximately $220,000. Finally, CX Institutional bought a new stake in iShares Select Dividend ETF in the 3rd quarter valued at $3,719,000. 46.08% of the stock is currently owned by institutional investors.

iShares Select Dividend ETF Stock Performance

DVY opened at $135.21 on Wednesday. The stock has a fifty day moving average of $133.99 and a 200-day moving average of $134.02. The company has a market capitalization of $20.10 billion, a P/E ratio of 13.25 and a beta of 0.87. iShares Select Dividend ETF has a fifty-two week low of $112.42 and a fifty-two week high of $144.09.

iShares Select Dividend ETF Cuts Dividend

The firm also recently disclosed 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.

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.