5,716 Shares in iShares Select Dividend ETF $DVY Acquired by ASL Financial LLC

ASL Financial LLC purchased a new stake in iShares Select Dividend ETF (NASDAQ:DVY) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 5,716 shares of the company’s stock, valued at approximately $807,000. iShares Select Dividend ETF comprises about 0.6% of ASL Financial LLC’s investment portfolio, making the stock its 26th biggest position.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Romano Brothers AND Company lifted its position in iShares Select Dividend ETF by 0.7% in the fourth quarter. Romano Brothers AND Company now owns 10,023 shares of the company’s stock valued at $1,415,000 after purchasing an additional 70 shares during the period. Code Waechter LLC boosted its stake in shares of iShares Select Dividend ETF by 1.0% during the 3rd quarter. Code Waechter LLC now owns 7,120 shares of the company’s stock worth $1,005,000 after purchasing an additional 71 shares during the last quarter. Compound Planning Inc. grew its stake in iShares Select Dividend ETF by 2.7% in the 3rd quarter. Compound Planning Inc. now owns 2,785 shares of the company’s stock worth $396,000 after acquiring an additional 74 shares during the period. Murphy & Mullick Capital Management Corp grew its holdings in iShares Select Dividend ETF by 24.8% in the 3rd quarter. Murphy & Mullick Capital Management Corp now owns 382 shares of the company’s stock valued at $53,000 after buying an additional 76 shares during the period. Finally, Jackson Hole Capital Partners LLC grew its stake in shares of iShares Select Dividend ETF by 1.7% during the 3rd quarter. Jackson Hole Capital Partners LLC now owns 5,128 shares of the company’s stock valued at $729,000 after buying an additional 84 shares during the period. Hedge funds and other institutional investors own 46.08% of the company’s stock.

iShares Select Dividend ETF Trading Up 0.4%

Shares of iShares Select Dividend ETF stock opened at $151.66 on Friday. iShares Select Dividend ETF has a twelve month low of $115.94 and a twelve month high of $160.38. The company has a fifty day moving average price of $152.63 and a 200 day moving average price of $145.66. The stock has a market cap of $22.32 billion, a price-to-earnings ratio of 13.69 and a beta of 0.77.

iShares Select Dividend ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 20th. Shareholders of record on Tuesday, March 17th were issued a $1.1493 dividend. The ex-dividend date of this dividend was Tuesday, March 17th. This represents a $4.60 dividend on an annualized basis and a yield of 3.0%.

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. The Index consists of 100 of the highest dividend-yielding securities (excluding real estate investment trusts (REITs) in the Dow Jones U.S.