ORG Partners LLC Raises Holdings in iShares Select Dividend ETF (NASDAQ:DVY)

ORG Partners LLC grew its holdings in iShares Select Dividend ETF (NASDAQ:DVY) by 331.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 488 shares of the company’s stock after purchasing an additional 375 shares during the period. ORG Partners LLC’s holdings in iShares Select Dividend ETF were worth $64,000 as of its most recent SEC filing.

Other hedge funds have also recently modified their holdings of the company. ORG Wealth Partners LLC bought a new stake in iShares Select Dividend ETF in the 3rd quarter worth about $36,000. JDM Financial Group LLC grew its stake in shares of iShares Select Dividend ETF by 33.3% in the third quarter. JDM Financial Group LLC now owns 300 shares of the company’s stock worth $41,000 after acquiring an additional 75 shares during the period. M&R Capital Management Inc. raised its holdings in shares of iShares Select Dividend ETF by 1,455.0% during the third quarter. M&R Capital Management Inc. now owns 311 shares of the company’s stock valued at $42,000 after purchasing an additional 291 shares during the last quarter. Fairfield Financial Advisors LTD bought a new position in iShares Select Dividend ETF during the second quarter valued at approximately $47,000. Finally, 1832 Asset Management L.P. purchased a new stake in iShares Select Dividend ETF in the second quarter worth approximately $73,000. Hedge funds and other institutional investors own 46.08% of the company’s stock.

iShares Select Dividend ETF Trading Down 1.8 %

Shares of DVY opened at $128.58 on Friday. The firm has a market cap of $19.58 billion, a PE ratio of 13.25 and a beta of 0.87. iShares Select Dividend ETF has a 1-year low of $112.42 and a 1-year high of $144.09. The firm has a fifty day simple moving average of $136.25 and a two-hundred day simple moving average of $132.40.

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 issued 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.