iShares Select Dividend ETF (NASDAQ:DVY) Shares Acquired by Kwmg LLC

Kwmg LLC lifted its stake in shares of iShares Select Dividend ETF (NASDAQ:DVY – Get Rating) by 0.2% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 81,148 shares of the company’s stock after acquiring an additional 153 shares during the quarter. iShares Select Dividend ETF comprises about 1.4% of Kwmg LLC’s investment portfolio, making the stock its 23rd biggest holding. Kwmg LLC’s holdings in iShares Select Dividend ETF were worth $9,786,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in the stock. Sowell Financial Services LLC grew 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 buying an additional 1,271,778 shares during the last quarter. Wells Fargo & Company MN grew its position in iShares Select Dividend ETF by 8.4% in the second quarter. Wells Fargo & Company MN now owns 6,282,152 shares of the company’s stock worth $739,221,000 after buying an additional 484,517 shares during the last quarter. Mariner LLC grew its position in iShares Select Dividend ETF by 143.2% in the first quarter. Mariner LLC now owns 653,145 shares of the company’s stock worth $83,691,000 after buying an additional 384,543 shares during the last quarter. Bank of New York Mellon Corp grew its position in iShares Select Dividend ETF by 13.7% in the third quarter. Bank of New York Mellon Corp now owns 2,953,975 shares of the company’s stock worth $316,725,000 after buying an additional 354,839 shares during the last quarter. Finally, Kestra Advisory Services LLC grew its position in iShares Select Dividend ETF by 208.4% in the third quarter. Kestra Advisory Services LLC now owns 472,850 shares of the company’s stock worth $50,699,000 after buying an additional 319,526 shares during the last quarter. Institutional investors and hedge funds own 43.99% of the company’s stock.

iShares Select Dividend ETF Stock Performance

iShares Select Dividend ETF stock opened at $112.48 on Friday. The firm has a market cap of $21.25 billion, a price-to-earnings ratio of 11.69 and a beta of 0.88. iShares Select Dividend ETF has a 1 year low of $105.59 and a 1 year high of $133.33. The firm’s 50 day moving average price is $122.38 and its two-hundred day moving average price is $119.75.

About iShares Select Dividend ETF

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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.