Jmac Enterprises LLC Buys 104 Shares of iShares Select Dividend ETF (NASDAQ:DVY)

Jmac Enterprises LLC boosted its stake in iShares Select Dividend ETF (NASDAQ:DVY) by 0.6% during the fourth quarter, HoldingsChannel reports. The firm owned 17,142 shares of the company’s stock after buying an additional 104 shares during the period. Jmac Enterprises LLC’s holdings in iShares Select Dividend ETF were worth $2,251,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. Ritholtz Wealth Management raised its position in shares of iShares Select Dividend ETF by 33.7% during the 3rd quarter. Ritholtz Wealth Management now owns 2,678 shares of the company’s stock valued at $362,000 after buying an additional 675 shares in the last quarter. Carnegie Investment Counsel grew its position in iShares Select Dividend ETF by 2.9% in the third quarter. Carnegie Investment Counsel now owns 12,410 shares of the company’s stock worth $1,676,000 after acquiring an additional 350 shares in the last quarter. ORG Wealth Partners LLC bought a new position in iShares Select Dividend ETF in the third quarter valued at $36,000. Fiduciary Alliance LLC purchased a new stake in iShares Select Dividend ETF during the third quarter valued at about $220,000. Finally, CX Institutional bought a new stake in iShares Select Dividend ETF during the third quarter worth about $3,719,000. 46.08% of the stock is currently owned by institutional investors.

iShares Select Dividend ETF Trading Up 0.6 %

DVY opened at $135.21 on Wednesday. The stock has a market capitalization of $20.10 billion, a P/E ratio of 13.25 and a beta of 0.87. The stock has a 50-day moving average price of $133.99 and a 200-day moving average price of $134.02. iShares Select Dividend ETF has a 12-month low of $112.42 and a 12-month high of $144.09.

iShares Select Dividend ETF Cuts Dividend

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