Fusion Family Wealth LLC Increases Holdings in iShares Select Dividend ETF (NASDAQ:DVY)

Fusion Family Wealth LLC boosted its stake in iShares Select Dividend ETF (NASDAQ:DVY) by 2.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 4,663 shares of the company’s stock after purchasing an additional 98 shares during the period. iShares Select Dividend ETF makes up about 0.1% of Fusion Family Wealth LLC’s investment portfolio, making the stock its 27th biggest holding. Fusion Family Wealth LLC’s holdings in iShares Select Dividend ETF were worth $612,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently added to or reduced their stakes in the stock. International Assets Investment Management LLC raised its holdings in shares of iShares Select Dividend ETF by 17,525.9% during the 3rd quarter. International Assets Investment Management LLC now owns 4,372,993 shares of the company’s stock valued at $590,660,000 after buying an additional 4,348,183 shares during the period. LPL Financial LLC grew its position in iShares Select Dividend ETF by 4.6% in the third quarter. LPL Financial LLC now owns 1,465,825 shares of the company’s stock valued at $197,989,000 after acquiring an additional 64,620 shares in the last quarter. JPMorgan Chase & Co. raised its stake in shares of iShares Select Dividend ETF by 0.5% during the third quarter. JPMorgan Chase & Co. now owns 1,380,841 shares of the company’s stock valued at $186,510,000 after purchasing an additional 7,012 shares during the period. Raymond James & Associates lifted its position in shares of iShares Select Dividend ETF by 2.9% during the third quarter. Raymond James & Associates now owns 584,439 shares of the company’s stock worth $78,940,000 after purchasing an additional 16,512 shares in the last quarter. Finally, Rockefeller Capital Management L.P. boosted its stake in shares of iShares Select Dividend ETF by 0.5% in the third quarter. Rockefeller Capital Management L.P. now owns 403,745 shares of the company’s stock valued at $54,510,000 after purchasing an additional 2,072 shares during the period. 46.08% of the stock is owned by hedge funds and other institutional investors.

iShares Select Dividend ETF Price Performance

iShares Select Dividend ETF stock opened at $134.20 on Wednesday. iShares Select Dividend ETF has a 12-month low of $112.42 and a 12-month high of $144.09. The company has a market capitalization of $19.98 billion, a price-to-earnings ratio of 13.25 and a beta of 0.87. The firm’s fifty day moving average price is $134.84 and its 200 day moving average price is $133.78.

iShares Select Dividend ETF Cuts Dividend

The firm also recently declared 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 of this dividend 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.