1,698 Shares in iShares Select Dividend ETF (NASDAQ:DVY) Bought by Hickory Point Bank & Trust

Hickory Point Bank & Trust bought a new position in iShares Select Dividend ETF (NASDAQ:DVY) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 1,698 shares of the company’s stock, valued at approximately $223,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Thurston Springer Miller Herd & Titak Inc. boosted its stake in 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 purchasing an additional 150 shares during the period. Creative Capital Management Investments LLC acquired a new position in shares of iShares Select Dividend ETF during the 4th quarter worth about $33,000. Roxbury Financial LLC acquired a new position in shares of iShares Select Dividend ETF during the 4th quarter worth about $38,000. JDM Financial Group LLC boosted its stake in shares of iShares Select Dividend ETF by 33.3% during the 3rd quarter. JDM Financial Group LLC now owns 300 shares of the company’s stock worth $41,000 after buying an additional 75 shares during the last quarter. Finally, Weaver Capital Management LLC acquired a new position in shares of iShares Select Dividend ETF during the 4th quarter worth about $43,000. 46.08% of the stock is owned by institutional investors and hedge funds.

iShares Select Dividend ETF Price Performance

iShares Select Dividend ETF stock opened at $138.10 on Friday. The firm has a 50-day moving average of $134.00 and a 200-day moving average of $134.87. iShares Select Dividend ETF has a one year low of $115.43 and a one year high of $144.09. The company has a market cap of $20.43 billion, a price-to-earnings ratio of 16.35 and a beta of 0.88.

iShares Select Dividend ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Friday, December 20th. Stockholders of record on Tuesday, December 17th were paid a dividend of $1.3164 per share. The ex-dividend date 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.