Hopwood Financial Services Inc. Makes New Investment in iShares Select Dividend ETF (NASDAQ:DVY)

Hopwood Financial Services Inc. acquired a new stake in iShares Select Dividend ETF (NASDAQ:DVY) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 366 shares of the company’s stock, valued at approximately $48,000.

A number of other large investors also recently modified their holdings of the company. Axxcess Wealth Management LLC lifted its position in iShares Select Dividend ETF by 14.7% during the third quarter. Axxcess Wealth Management LLC now owns 8,458 shares of the company’s stock valued at $1,142,000 after purchasing an additional 1,083 shares during the last quarter. Ashton Thomas Securities LLC increased its stake in shares of iShares Select Dividend ETF by 72.7% in the third quarter. Ashton Thomas Securities LLC now owns 1,190 shares of the company’s stock worth $161,000 after buying an additional 501 shares during the period. Harbour Investments Inc. increased its stake in shares of iShares Select Dividend ETF by 29.9% in the third quarter. Harbour Investments Inc. now owns 8,667 shares of the company’s stock worth $1,171,000 after buying an additional 1,994 shares during the period. Ashton Thomas Private Wealth LLC boosted its holdings in iShares Select Dividend ETF by 8.9% in the third quarter. Ashton Thomas Private Wealth LLC now owns 14,647 shares of the company’s stock valued at $1,978,000 after acquiring an additional 1,197 shares in the last quarter. Finally, Haverford Trust Co boosted its holdings in iShares Select Dividend ETF by 1.6% in the third quarter. Haverford Trust Co now owns 22,772 shares of the company’s stock valued at $3,076,000 after acquiring an additional 363 shares in the last quarter. 46.08% of the stock is currently owned by institutional investors.

iShares Select Dividend ETF Stock Down 0.6 %

NASDAQ:DVY opened at $130.95 on Thursday. The stock has a market cap of $19.47 billion, a P/E ratio of 16.35 and a beta of 0.87. The firm’s fifty day simple moving average is $134.27 and its 200 day simple moving average is $135.07. iShares Select Dividend ETF has a twelve month low of $115.43 and a twelve month high of $144.09.

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 issued a dividend of $1.3164 per share. The ex-dividend date of this dividend was Tuesday, December 17th.

iShares Select Dividend ETF 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.