Bouvel Investment Partners LLC Raises Holdings in iShares Select Dividend ETF (NASDAQ:DVY)

Bouvel Investment Partners LLC boosted its stake in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 35.2% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 26,236 shares of the company’s stock after acquiring an additional 6,830 shares during the quarter. Bouvel Investment Partners LLC’s holdings in iShares Select Dividend ETF were worth $3,445,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of DVY. Thurston Springer Miller Herd & Titak Inc. increased its holdings in shares of iShares Select Dividend ETF by 340.9% during the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 194 shares of the company’s stock valued at $25,000 after purchasing an additional 150 shares in the last quarter. ORG Wealth Partners LLC acquired a new stake in iShares Select Dividend ETF in the 3rd quarter valued at $36,000. JDM Financial Group LLC lifted its holdings in iShares Select Dividend ETF by 33.3% in 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. M&R Capital Management Inc. lifted its stake in shares of iShares Select Dividend ETF by 1,455.0% in the third quarter. M&R Capital Management Inc. now owns 311 shares of the company’s stock worth $42,000 after buying an additional 291 shares in the last quarter. Finally, ORG Partners LLC boosted its position in iShares Select Dividend ETF by 331.9% during the fourth quarter. ORG Partners LLC now owns 488 shares of the company’s stock worth $64,000 after acquiring an additional 375 shares during the last quarter. 46.08% of the stock is owned by institutional investors and hedge funds.

iShares Select Dividend ETF Price Performance

DVY opened at $133.92 on Friday. The firm has a market capitalization of $20.34 billion, a price-to-earnings ratio of 13.25 and a beta of 0.87. The company’s 50 day simple moving average is $135.98 and its two-hundred day simple moving average is $132.62. iShares Select Dividend ETF has a 1-year low of $112.42 and a 1-year high of $144.09.

iShares Select Dividend ETF Cuts Dividend

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

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.