GKV Capital Management Co. Inc. Buys New Shares in iShares Select Dividend ETF (NASDAQ:DVY)

GKV Capital Management Co. Inc. purchased a new position in shares of iShares Select Dividend ETF (NASDAQ:DVY) in the 4th quarter, Holdings Channel reports. The firm purchased 500 shares of the company’s stock, valued at approximately $66,000.

A number of other large investors also recently bought and sold shares of DVY. Richardson Financial Services Inc. increased its position in iShares Select Dividend ETF by 17.9% during the 4th quarter. Richardson Financial Services Inc. now owns 494 shares of the company’s stock worth $65,000 after purchasing an additional 75 shares in the last quarter. Unionview LLC increased its position in shares of iShares Select Dividend ETF by 0.7% in the fourth quarter. Unionview LLC now owns 11,234 shares of the company’s stock worth $1,475,000 after acquiring an additional 83 shares in the last quarter. Ritholtz Wealth Management raised its stake in shares of iShares Select Dividend ETF by 3.2% in the 4th quarter. Ritholtz Wealth Management now owns 2,764 shares of the company’s stock valued at $363,000 after acquiring an additional 86 shares during the period. Apollon Financial LLC lifted its holdings in shares of iShares Select Dividend ETF by 1.2% during the 4th quarter. Apollon Financial LLC now owns 7,713 shares of the company’s stock valued at $1,013,000 after acquiring an additional 90 shares in the last quarter. Finally, Pathway Financial Advisers LLC boosted its position in iShares Select Dividend ETF by 1.4% during the 4th quarter. Pathway Financial Advisers LLC now owns 6,318 shares of the company’s stock worth $829,000 after purchasing an additional 90 shares during the period. Hedge funds and other institutional investors own 46.08% of the company’s stock.

iShares Select Dividend ETF Price Performance

NASDAQ:DVY opened at $125.86 on Friday. The business’s 50-day moving average is $131.80 and its two-hundred day moving average is $134.15. iShares Select Dividend ETF has a 12 month low of $115.94 and a 12 month high of $144.09. The firm has a market capitalization of $18.70 billion, a PE ratio of 14.65 and a beta of 0.87.

iShares Select Dividend ETF Cuts Dividend

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

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.