Apella Capital LLC Makes New Investment in iShares Select Dividend ETF (NASDAQ:DVY)

Apella Capital LLC purchased a new stake in shares of iShares Select Dividend ETF (NASDAQ:DVY) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund purchased 1,879 shares of the company’s stock, valued at approximately $247,000.

Several other institutional investors have also made changes to their positions in the company. Banque Cantonale Vaudoise lifted its stake in iShares Select Dividend ETF by 10.1% in the third quarter. Banque Cantonale Vaudoise now owns 798 shares of the company’s stock valued at $108,000 after acquiring an additional 73 shares during the last quarter. JDM Financial Group LLC raised its holdings in shares of iShares Select Dividend ETF by 33.3% during the 3rd quarter. JDM Financial Group LLC now owns 300 shares of the company’s stock valued at $41,000 after purchasing an additional 75 shares in the last quarter. Unionview LLC lifted its stake in shares of iShares Select Dividend ETF by 0.7% in the 3rd quarter. Unionview LLC now owns 11,151 shares of the company’s stock valued at $1,506,000 after purchasing an additional 76 shares during the last quarter. CMG Global Holdings LLC boosted its holdings in iShares Select Dividend ETF by 0.5% in the third quarter. CMG Global Holdings LLC now owns 17,284 shares of the company’s stock worth $2,335,000 after purchasing an additional 80 shares in the last quarter. Finally, Pathway Financial Advisers LLC increased its position in iShares Select Dividend ETF by 1.4% during the second quarter. Pathway Financial Advisers LLC now owns 6,137 shares of the company’s stock worth $740,000 after buying an additional 84 shares during the last quarter. 46.08% of the stock is currently owned by institutional investors and hedge funds.

iShares Select Dividend ETF Price Performance

NASDAQ DVY opened at $132.80 on Thursday. iShares Select Dividend ETF has a fifty-two week low of $112.42 and a fifty-two week high of $144.09. The stock’s 50-day moving average is $136.10 and its two-hundred day moving average is $132.62. The firm has a market cap of $20.22 billion, a P/E ratio of 13.25 and a beta of 0.87.

iShares Select Dividend ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Friday, December 20th. Investors of record on Tuesday, December 17th were paid a $1.3164 dividend. The ex-dividend date was Tuesday, December 17th.

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.