Russell Investments Group Ltd. Buys 1,563 Shares of iShares Select Dividend ETF (NASDAQ:DVY)

Russell Investments Group Ltd. raised its position in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 301.2% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 2,082 shares of the company’s stock after purchasing an additional 1,563 shares during the period. Russell Investments Group Ltd.’s holdings in iShares Select Dividend ETF were worth $273,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also bought and sold shares of the company. Richardson Financial Services Inc. grew its stake in iShares Select Dividend ETF by 17.9% in the 4th quarter. Richardson Financial Services Inc. now owns 494 shares of the company’s stock valued at $65,000 after buying an additional 75 shares in the last quarter. Unionview LLC boosted its holdings in shares of iShares Select Dividend ETF by 0.7% in the fourth quarter. Unionview LLC now owns 11,234 shares of the company’s stock worth $1,475,000 after acquiring an additional 83 shares during the period. Ritholtz Wealth Management grew its position in shares of iShares Select Dividend ETF by 3.2% in the fourth quarter. Ritholtz Wealth Management now owns 2,764 shares of the company’s stock valued at $363,000 after purchasing an additional 86 shares in the last quarter. Apollon Financial LLC raised its stake in shares of iShares Select Dividend ETF by 1.2% during the 4th quarter. Apollon Financial LLC now owns 7,713 shares of the company’s stock valued at $1,013,000 after purchasing an additional 90 shares during the period. Finally, Pathway Financial Advisers LLC lifted its holdings in iShares Select Dividend ETF by 1.4% during the 4th quarter. Pathway Financial Advisers LLC now owns 6,318 shares of the company’s stock worth $829,000 after purchasing an additional 90 shares in the last quarter. 46.08% of the stock is owned by hedge funds and other institutional investors.

iShares Select Dividend ETF Stock Up 1.2 %

Shares of NASDAQ DVY opened at $128.41 on Friday. The company has a market cap of $19.06 billion, a P/E ratio of 14.65 and a beta of 0.87. iShares Select Dividend ETF has a 52 week low of $115.94 and a 52 week high of $144.09. The business has a 50-day simple moving average of $130.89 and a two-hundred day simple moving average of $133.89.

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 given a $1.0495 dividend. The ex-dividend date of this dividend was Tuesday, March 18th.

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.