4,418 Shares in iShares Select Dividend ETF (NASDAQ:DVY) Acquired by Fonville Wealth Management LLC

Fonville Wealth Management LLC bought a new position in iShares Select Dividend ETF (NASDAQ:DVY) during the 4th quarter, Holdings Channel reports. The institutional investor bought 4,418 shares of the company’s stock, valued at approximately $518,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Signaturefd LLC lifted its stake in iShares Select Dividend ETF by 30.0% in the 3rd quarter. Signaturefd LLC now owns 1,864 shares of the company’s stock worth $201,000 after purchasing an additional 430 shares in the last quarter. TIAA Trust National Association raised its position in shares of iShares Select Dividend ETF by 4.7% during the 4th quarter. TIAA Trust National Association now owns 9,725 shares of the company’s stock valued at $1,140,000 after buying an additional 437 shares in the last quarter. JFS Wealth Advisors LLC raised its position in shares of iShares Select Dividend ETF by 14.2% during the 3rd quarter. JFS Wealth Advisors LLC now owns 24,829 shares of the company’s stock valued at $2,673,000 after buying an additional 3,078 shares in the last quarter. Park Place Capital Corp raised its position in shares of iShares Select Dividend ETF by 1.6% during the 4th quarter. Park Place Capital Corp now owns 8,397 shares of the company’s stock valued at $984,000 after buying an additional 129 shares in the last quarter. Finally, Ledge Wealth Management Inc. purchased a new stake in shares of iShares Select Dividend ETF during the 4th quarter valued at $202,000. 46.08% of the stock is currently owned by hedge funds and other institutional investors.

iShares Select Dividend ETF Trading Up 0.5 %

Shares of iShares Select Dividend ETF stock traded up $0.53 on Thursday, hitting $116.88. 408,079 shares of the company traded hands, compared to its average volume of 580,896. The firm’s 50-day simple moving average is $118.43 and its 200 day simple moving average is $114.20. The company has a market cap of $17.93 billion, a P/E ratio of 11.69 and a beta of 0.87. iShares Select Dividend ETF has a 12-month low of $102.66 and a 12-month high of $123.43.

iShares Select Dividend ETF Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, March 27th. Shareholders of record on Friday, March 22nd were issued a $0.9976 dividend. The ex-dividend date of this dividend was Thursday, March 21st. This represents a $3.99 annualized dividend and a yield of 3.41%.

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.