Dentgroup LLC Purchases Shares of 1,519 iShares Select Dividend ETF (NASDAQ:DVY)

Dentgroup LLC purchased a new stake in iShares Select Dividend ETF (NASDAQ:DVY) during the 1st quarter, Holdings Channel reports. The firm purchased 1,519 shares of the company’s stock, valued at approximately $204,000.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Rockwood Wealth Management LLC increased its stake in iShares Select Dividend ETF by 54.0% in the 1st quarter. Rockwood Wealth Management LLC now owns 4,251 shares of the company’s stock valued at $571,000 after buying an additional 1,491 shares during the last quarter. Pines Wealth Management LLC increased its stake in shares of iShares Select Dividend ETF by 28.0% during the 1st quarter. Pines Wealth Management LLC now owns 3,572 shares of the company’s stock worth $480,000 after purchasing an additional 782 shares during the last quarter. Procyon Advisors LLC increased its stake in shares of iShares Select Dividend ETF by 11.5% during the 1st quarter. Procyon Advisors LLC now owns 3,608 shares of the company’s stock worth $485,000 after purchasing an additional 372 shares during the last quarter. Ullmann Wealth Partners Group LLC acquired a new position in shares of iShares Select Dividend ETF during the 1st quarter worth about $202,000. Finally, Edge Wealth Management LLC increased its stake in shares of iShares Select Dividend ETF by 8.3% during the 1st quarter. Edge Wealth Management LLC now owns 11,883 shares of the company’s stock worth $1,596,000 after purchasing an additional 910 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

iShares Select Dividend ETF stock opened at $131.65 on Friday. The firm has a market capitalization of $19.40 billion, a PE ratio of 15.12 and a beta of 0.78. The company’s 50-day moving average is $128.43 and its 200-day moving average is $132.70. iShares Select Dividend ETF has a fifty-two week low of $115.94 and a fifty-two week high of $144.09.

iShares Select Dividend ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Friday, March 21st. Stockholders of record on Tuesday, March 18th were paid a dividend of $1.0495 per share. The ex-dividend date of this dividend was Tuesday, March 18th.

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.