Moment Partners LLC lowered its position in iShares Select Dividend ETF (NASDAQ:DVY – Free Report) by 1.6% in the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 260,374 shares of the company’s stock after selling 4,236 shares during the quarter. iShares Select Dividend ETF accounts for 6.9% of Moment Partners LLC’s holdings, making the stock its 5th largest position. Moment Partners LLC’s holdings in iShares Select Dividend ETF were worth $34,966,000 as of its most recent SEC filing.
Other institutional investors and hedge funds also recently made changes to their positions in the company. Financial Gravity Asset Management Inc. acquired a new stake in shares of iShares Select Dividend ETF during the 1st quarter worth approximately $30,000. IMA Advisory Services Inc. bought a new position in shares of iShares Select Dividend ETF in the 1st quarter worth $34,000. Cypress Capital Management LLC WY bought a new position in shares of iShares Select Dividend ETF in the 1st quarter worth $35,000. Mpwm Advisory Solutions LLC bought a new position in shares of iShares Select Dividend ETF in the 4th quarter worth $40,000. Finally, First Pacific Financial bought a new position in shares of iShares Select Dividend ETF in the 1st quarter worth $40,000. Institutional investors and hedge funds own 46.08% of the company’s stock.
iShares Select Dividend ETF Trading Down 0.4%
Shares of NASDAQ:DVY opened at $138.19 on Friday. The stock’s fifty day simple moving average is $134.72 and its two-hundred day simple moving average is $132.51. iShares Select Dividend ETF has a 1-year low of $115.94 and a 1-year high of $144.09. The stock has a market cap of $20.26 billion, a PE ratio of 13.69 and a beta of 0.87.
iShares Select Dividend ETF Increases Dividend
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.
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