Ieq Capital LLC Increases Position in iShares Select Dividend ETF (NASDAQ:DVY)

Ieq Capital LLC lifted its position in iShares Select Dividend ETF (NASDAQ:DVY) by 14.4% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 35,133 shares of the company’s stock after purchasing an additional 4,422 shares during the period. Ieq Capital LLC’s holdings in iShares Select Dividend ETF were worth $4,613,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently modified their holdings of the company. JPMorgan Chase & Co. increased its stake in shares of iShares Select Dividend ETF by 0.5% in the third quarter. JPMorgan Chase & Co. now owns 1,380,841 shares of the company’s stock worth $186,510,000 after purchasing an additional 7,012 shares in the last quarter. ORG Partners LLC increased its stake in shares of 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. Regatta Capital Group LLC increased its stake in shares of iShares Select Dividend ETF by 6.7% in the fourth quarter. Regatta Capital Group LLC now owns 3,965 shares of the company’s stock worth $521,000 after purchasing an additional 250 shares in the last quarter. Fulton Bank N.A. increased its stake in shares of iShares Select Dividend ETF by 20.4% in the fourth quarter. Fulton Bank N.A. now owns 26,935 shares of the company’s stock worth $3,536,000 after purchasing an additional 4,568 shares in the last quarter. Finally, Fidelis Capital Partners LLC boosted its position in shares of iShares Select Dividend ETF by 2.6% during the third quarter. Fidelis Capital Partners LLC now owns 12,963 shares of the company’s stock worth $1,756,000 after acquiring an additional 325 shares during the last quarter. 46.08% of the stock is owned by hedge funds and other institutional investors.

iShares Select Dividend ETF Stock Performance

Shares of NASDAQ:DVY opened at $136.69 on Friday. The firm has a fifty day moving average price of $133.51 and a 200 day moving average price of $134.33. iShares Select Dividend ETF has a fifty-two week low of $115.02 and a fifty-two week high of $144.09. The firm has a market cap of $20.32 billion, a price-to-earnings ratio of 13.25 and a beta of 0.87.

iShares Select Dividend ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Friday, December 20th. Investors of record on Tuesday, December 17th were given a dividend of $1.3164 per share. The ex-dividend date of this dividend was Tuesday, December 17th.

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.