Mission Wealth Management LP Acquires 931 Shares of iShares Select Dividend ETF (NASDAQ:DVY)

Mission Wealth Management LP raised its stake in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 4.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 23,910 shares of the company’s stock after acquiring an additional 931 shares during the quarter. Mission Wealth Management LP’s holdings in iShares Select Dividend ETF were worth $3,139,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Fidelis Capital Partners LLC lifted its stake in shares of iShares Select Dividend ETF by 30.2% during the 4th quarter. Fidelis Capital Partners LLC now owns 16,878 shares of the company’s stock worth $2,266,000 after purchasing an additional 3,915 shares during the last quarter. SBI Securities Co. Ltd. bought a new position in iShares Select Dividend ETF in the fourth quarter worth about $2,876,000. Jones Financial Companies Lllp raised its holdings in iShares Select Dividend ETF by 44.4% in the fourth quarter. Jones Financial Companies Lllp now owns 12,649 shares of the company’s stock worth $1,661,000 after purchasing an additional 3,889 shares in the last quarter. Modera Wealth Management LLC lifted its position in shares of iShares Select Dividend ETF by 18.1% during the fourth quarter. Modera Wealth Management LLC now owns 8,151 shares of the company’s stock valued at $1,070,000 after buying an additional 1,248 shares during the last quarter. Finally, IFG Advisors LLC boosted its holdings in shares of iShares Select Dividend ETF by 0.9% in the 4th quarter. IFG Advisors LLC now owns 108,916 shares of the company’s stock valued at $14,300,000 after buying an additional 942 shares in the last quarter. 46.08% of the stock is currently owned by hedge funds and other institutional investors.

iShares Select Dividend ETF Stock Down 0.5 %

Shares of iShares Select Dividend ETF stock opened at $137.45 on Tuesday. iShares Select Dividend ETF has a 52-week low of $115.43 and a 52-week high of $144.09. The firm’s 50 day moving average price is $134.12 and its 200-day moving average price is $134.99. The company has a market cap of $20.43 billion, a P/E ratio of 16.35 and a beta of 0.87.

iShares Select Dividend ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Friday, December 20th. Shareholders of record on Tuesday, December 17th were issued a $1.3164 dividend. 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.