Murphy & Mullick Capital Management Corp Buys Shares of 304 iShares Select Dividend ETF (NASDAQ:DVY)

Murphy & Mullick Capital Management Corp purchased a new position in shares of iShares Select Dividend ETF (NASDAQ:DVY) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 304 shares of the company’s stock, valued at approximately $40,000.

A number of other institutional investors and hedge funds have also modified their holdings of the company. Thurston Springer Miller Herd & Titak Inc. lifted its holdings in shares of iShares Select Dividend ETF by 340.9% in the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 194 shares of the company’s stock valued at $25,000 after purchasing an additional 150 shares in the last quarter. Creative Capital Management Investments LLC acquired a new position in shares of iShares Select Dividend ETF during the 4th quarter worth approximately $33,000. Millstone Evans Group LLC purchased a new stake in iShares Select Dividend ETF in the 4th quarter valued at approximately $36,000. Roxbury Financial LLC acquired a new stake in iShares Select Dividend ETF during the 4th quarter valued at $38,000. Finally, JDM Financial Group LLC increased its position in iShares Select Dividend ETF by 33.3% during the third quarter. JDM Financial Group LLC now owns 300 shares of the company’s stock worth $41,000 after buying an additional 75 shares in the last quarter. Institutional investors and hedge funds own 46.08% of the company’s stock.

iShares Select Dividend ETF Stock Down 0.1 %

Shares of NASDAQ:DVY opened at $133.83 on Friday. The company has a market capitalization of $19.89 billion, a P/E ratio of 15.96 and a beta of 0.87. iShares Select Dividend ETF has a 52-week low of $115.43 and a 52-week high of $144.09. The stock’s fifty day simple moving average is $134.75 and its 200-day simple moving average is $135.09.

iShares Select Dividend ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Friday, March 21st. Shareholders of record on Tuesday, March 18th were issued a $1.0495 dividend. The ex-dividend date was Tuesday, March 18th.

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.