iShares Select Dividend ETF (NASDAQ:DVY) Shares Purchased by TCG Advisory Services LLC

TCG Advisory Services LLC increased its stake in iShares Select Dividend ETF (NASDAQ:DVY) by 30.7% in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 4,373 shares of the company’s stock after acquiring an additional 1,026 shares during the quarter. TCG Advisory Services LLC’s holdings in iShares Select Dividend ETF were worth $513,000 at the end of the most recent reporting period.

A number of other large investors also recently added to or reduced their stakes in the stock. Signaturefd LLC lifted its position in shares of iShares Select Dividend ETF by 30.0% in the third quarter. Signaturefd LLC now owns 1,864 shares of the company’s stock valued at $201,000 after acquiring an additional 430 shares in the last quarter. TIAA Trust National Association boosted its stake in 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 worth $1,140,000 after purchasing an additional 437 shares during the last quarter. JFS Wealth Advisors LLC boosted its stake in 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 worth $2,673,000 after purchasing an additional 3,078 shares during the last quarter. Park Place Capital Corp grew its holdings in shares of iShares Select Dividend ETF by 1.6% during the fourth quarter. Park Place Capital Corp now owns 8,397 shares of the company’s stock worth $984,000 after buying an additional 129 shares in the last quarter. Finally, Ledge Wealth Management Inc. acquired a new stake in shares of iShares Select Dividend ETF in the fourth quarter valued at about $202,000. 46.08% of the stock is currently owned by institutional investors and hedge funds.

iShares Select Dividend ETF Price Performance

DVY traded up $0.56 on Friday, reaching $121.24. 357,588 shares of the company’s stock were exchanged, compared to its average volume of 563,234. iShares Select Dividend ETF has a twelve month low of $102.66 and a twelve month high of $123.43. The stock has a market cap of $18.39 billion, a PE ratio of 13.25 and a beta of 0.68. The stock’s fifty day moving average price is $119.56 and its 200-day moving average price is $115.39.

iShares Select Dividend ETF Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, March 27th. Stockholders of record on Friday, March 22nd were given a $0.9976 dividend. The ex-dividend date was Thursday, March 21st. This represents a $3.99 dividend on an annualized basis and a dividend yield of 3.29%.

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.