Tyche Wealth Partners LLC Purchases Shares of 11,815 iShares Select Dividend ETF (NASDAQ:DVY)

Tyche Wealth Partners LLC purchased a new stake in shares of iShares Select Dividend ETF (NASDAQ:DVY) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 11,815 shares of the company’s stock, valued at approximately $1,385,000.

A number of other hedge funds also recently bought and sold shares of the company. Moneta Group Investment Advisors LLC raised its position in shares of iShares Select Dividend ETF by 107,178.5% during the fourth quarter. Moneta Group Investment Advisors LLC now owns 75,921,028 shares of the company’s stock valued at $9,156,076,000 after buying an additional 75,850,258 shares during the last quarter. International Assets Investment Management LLC raised its position in iShares Select Dividend ETF by 12,638.3% in the fourth quarter. International Assets Investment Management LLC now owns 2,407,409 shares of the company’s stock worth $282,196,000 after purchasing an additional 2,388,510 shares in the last quarter. Sowell Financial Services LLC raised its position in iShares Select Dividend ETF by 7,874.8% in the first quarter. Sowell Financial Services LLC now owns 1,287,928 shares of the company’s stock worth $113,110,000 after purchasing an additional 1,271,778 shares in the last quarter. Morgan Stanley raised its position in iShares Select Dividend ETF by 12.1% in the fourth quarter. Morgan Stanley now owns 7,648,470 shares of the company’s stock worth $922,406,000 after purchasing an additional 823,118 shares in the last quarter. Finally, Comerica Bank acquired a new position in iShares Select Dividend ETF in the third quarter worth about $61,160,000. 46.08% of the stock is currently owned by institutional investors.

iShares Select Dividend ETF Trading Down 0.9 %

NASDAQ:DVY traded down $1.06 during mid-day trading on Tuesday, hitting $115.73. The company’s stock had a trading volume of 367,487 shares, compared to its average volume of 583,842. iShares Select Dividend ETF has a fifty-two week low of $102.66 and a fifty-two week high of $123.43. The company has a market capitalization of $17.75 billion, a price-to-earnings ratio of 11.69 and a beta of 0.87. The stock has a fifty day moving average of $118.35 and a 200-day moving average of $114.13.

iShares Select Dividend ETF Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, March 27th. Investors of record on Friday, March 22nd were given a $0.9976 dividend. This represents a $3.99 annualized dividend and a yield of 3.45%. The ex-dividend date of this dividend was Thursday, March 21st.

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.