Providence First Trust Co Acquires 7,241 Shares of iShares Select Dividend ETF (NASDAQ:DVY)

Providence First Trust Co boosted its stake in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 54.3% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 20,586 shares of the company’s stock after acquiring an additional 7,241 shares during the quarter. iShares Select Dividend ETF comprises about 1.0% of Providence First Trust Co’s investment portfolio, making the stock its 27th biggest position. Providence First Trust Co’s holdings in iShares Select Dividend ETF were worth $2,703,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also modified their holdings of the stock. Thurston Springer Miller Herd & Titak Inc. lifted its holdings in shares of iShares Select Dividend ETF by 340.9% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 194 shares of the company’s stock worth $25,000 after acquiring an additional 150 shares during the last quarter. Creative Capital Management Investments LLC purchased a new stake in iShares Select Dividend ETF in the 4th quarter worth about $33,000. Roxbury Financial LLC bought a new stake in iShares Select Dividend ETF in the fourth quarter worth about $38,000. JDM Financial Group LLC boosted its position 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. Finally, Weaver Capital Management LLC bought a new position in shares of iShares Select Dividend ETF during the fourth quarter valued at approximately $43,000. 46.08% of the stock is owned by institutional investors.

iShares Select Dividend ETF Stock Performance

Shares of NASDAQ DVY opened at $138.10 on Friday. The business’s 50 day moving average price is $134.00 and its 200-day moving average price is $134.82. iShares Select Dividend ETF has a fifty-two week low of $115.43 and a fifty-two week high of $144.09. The company has a market cap of $20.53 billion, a price-to-earnings ratio of 13.25 and a beta of 0.87.

iShares Select Dividend ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Friday, December 20th. Stockholders of record on Tuesday, December 17th were given 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.