Diversified Trust Co Purchases Shares of 2,682 iShares Select Dividend ETF (NASDAQ:DVY)

Diversified Trust Co acquired a new position in shares of iShares Select Dividend ETF (NASDAQ:DVY) in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 2,682 shares of the company’s stock, valued at approximately $352,000.

Other hedge funds have also made changes to their positions in the company. Oppenheimer & Co. Inc. lifted its position in iShares Select Dividend ETF by 1.6% in the second quarter. Oppenheimer & Co. Inc. now owns 38,463 shares of the company’s stock valued at $4,653,000 after acquiring an additional 599 shares during the last quarter. Zions Bancorporation N.A. purchased a new stake in shares of iShares Select Dividend ETF in the 2nd quarter valued at about $410,000. 1ST Source Bank acquired a new stake in shares of iShares Select Dividend ETF in the 2nd quarter valued at about $478,000. Thoroughbred Financial Services LLC grew its stake in iShares Select Dividend ETF by 19.2% during the 2nd quarter. Thoroughbred Financial Services LLC now owns 26,063 shares of the company’s stock worth $3,153,000 after buying an additional 4,203 shares during the last quarter. Finally, Retirement Planning Co of New England Inc. increased its position in iShares Select Dividend ETF by 11.5% during the second quarter. Retirement Planning Co of New England Inc. now owns 9,565 shares of the company’s stock worth $1,157,000 after buying an additional 985 shares during the period. Hedge funds and other institutional investors own 46.08% of the company’s stock.

iShares Select Dividend ETF Trading Down 1.8 %

DVY stock opened at $128.58 on Friday. The company has a market capitalization of $19.58 billion, a P/E ratio of 13.25 and a beta of 0.87. The business has a 50 day simple moving average of $136.25 and a 200-day simple moving average of $132.40. iShares Select Dividend ETF has a twelve month low of $112.42 and a twelve month high of $144.09.

iShares Select Dividend ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Friday, December 20th. Investors of record on Tuesday, December 17th were paid a dividend of $1.3164 per share. The ex-dividend date of this dividend was Tuesday, December 17th.

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.