Greenberg Financial Group Takes Position in iShares Select Dividend ETF $DVY

Greenberg Financial Group purchased a new stake in iShares Select Dividend ETF (NASDAQ:DVY) during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 64,112 shares of the company’s stock, valued at approximately $9,049,000. iShares Select Dividend ETF makes up approximately 3.7% of Greenberg Financial Group’s investment portfolio, making the stock its 9th largest holding.

A number of other institutional investors also recently modified their holdings of the company. Brighton Jones LLC lifted its position in shares of iShares Select Dividend ETF by 14.3% in the fourth quarter. Brighton Jones LLC now owns 12,212 shares of the company’s stock worth $1,603,000 after purchasing an additional 1,524 shares in the last quarter. AQR Capital Management LLC lifted its position in shares of iShares Select Dividend ETF by 44.7% in the first quarter. AQR Capital Management LLC now owns 12,687 shares of the company’s stock worth $1,704,000 after purchasing an additional 3,918 shares in the last quarter. Gamco Investors INC. ET AL lifted its position in shares of iShares Select Dividend ETF by 230.2% in the second quarter. Gamco Investors INC. ET AL now owns 16,508 shares of the company’s stock worth $2,192,000 after purchasing an additional 11,508 shares in the last quarter. Cary Street Partners Financial LLC lifted its position in shares of iShares Select Dividend ETF by 5.3% in the second quarter. Cary Street Partners Financial LLC now owns 11,704 shares of the company’s stock worth $1,554,000 after purchasing an additional 589 shares in the last quarter. Finally, SVB Wealth LLC bought a new stake in shares of iShares Select Dividend ETF in the second quarter worth $638,000. 46.08% of the stock is currently owned by institutional investors.

iShares Select Dividend ETF Stock Performance

DVY opened at $153.16 on Thursday. iShares Select Dividend ETF has a 52-week low of $115.94 and a 52-week high of $160.38. The firm has a market capitalization of $22.59 billion, a PE ratio of 13.69 and a beta of 0.71. The business’s 50-day simple moving average is $152.87 and its 200 day simple moving average is $146.03.

iShares Select Dividend ETF Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, March 20th. Investors of record on Tuesday, March 17th were issued a dividend of $1.1493 per share. This represents a $4.60 annualized dividend and a yield of 3.0%. The ex-dividend date was Tuesday, March 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. The Index consists of 100 of the highest dividend-yielding securities (excluding real estate investment trusts (REITs) in the Dow Jones U.S.