Dentgroup LLC Invests $204,000 in iShares Select Dividend ETF (NASDAQ:DVY)

Dentgroup LLC purchased a new position in shares of iShares Select Dividend ETF (NASDAQ:DVY) during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 1,519 shares of the company’s stock, valued at approximately $204,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Charles Schwab Investment Management Inc. raised its holdings in shares of iShares Select Dividend ETF by 588.4% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 288,441 shares of the company’s stock worth $37,869,000 after acquiring an additional 246,540 shares during the period. LPL Financial LLC raised its holdings in shares of iShares Select Dividend ETF by 8.9% during the fourth quarter. LPL Financial LLC now owns 1,596,398 shares of the company’s stock worth $209,591,000 after acquiring an additional 130,573 shares during the period. Accredited Investors Inc. raised its holdings in shares of iShares Select Dividend ETF by 37.3% during the fourth quarter. Accredited Investors Inc. now owns 3,141 shares of the company’s stock worth $412,000 after acquiring an additional 853 shares during the period. Private Trust Co. NA raised its holdings in shares of iShares Select Dividend ETF by 1.5% during the fourth quarter. Private Trust Co. NA now owns 8,136 shares of the company’s stock worth $1,068,000 after acquiring an additional 121 shares during the period. Finally, Worth Financial Advisory Group LLC raised its holdings in shares of iShares Select Dividend ETF by 13.1% during the fourth quarter. Worth Financial Advisory Group LLC now owns 1,819 shares of the company’s stock worth $239,000 after acquiring an additional 210 shares during the period. 46.08% of the stock is owned by institutional investors.

iShares Select Dividend ETF Stock Up 1.0%

Shares of NASDAQ:DVY opened at $131.65 on Friday. iShares Select Dividend ETF has a 12 month low of $115.94 and a 12 month high of $144.09. The company’s fifty day simple moving average is $128.43 and its 200 day simple moving average is $132.70. The firm has a market cap of $19.40 billion, a price-to-earnings ratio of 15.12 and a beta of 0.78.

iShares Select Dividend ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Friday, March 21st. Shareholders of record on Tuesday, March 18th were paid a $1.0495 dividend. The ex-dividend date was Tuesday, March 18th.

iShares Select Dividend ETF Company 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.