Prepared Retirement Institute LLC Acquires 3,361 Shares of iShares Select Dividend ETF $DVY

Prepared Retirement Institute LLC increased its holdings in iShares Select Dividend ETF (NASDAQ:DVY) by 128.0% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 5,987 shares of the company’s stock after buying an additional 3,361 shares during the period. Prepared Retirement Institute LLC’s holdings in iShares Select Dividend ETF were worth $845,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently bought and sold shares of the business. Cabana LLC bought a new position in iShares Select Dividend ETF in the 4th quarter worth approximately $962,000. Diversified Enterprises LLC lifted its stake in iShares Select Dividend ETF by 8.6% in the 4th quarter. Diversified Enterprises LLC now owns 1,877 shares of the company’s stock worth $265,000 after purchasing an additional 149 shares in the last quarter. Chicago Partners Investment Group LLC lifted its stake in iShares Select Dividend ETF by 1.6% in the 4th quarter. Chicago Partners Investment Group LLC now owns 20,020 shares of the company’s stock worth $2,961,000 after purchasing an additional 314 shares in the last quarter. OLD National Bancorp IN lifted its stake in iShares Select Dividend ETF by 27.0% in the 4th quarter. OLD National Bancorp IN now owns 87,167 shares of the company’s stock worth $12,303,000 after purchasing an additional 18,553 shares in the last quarter. Finally, HB Wealth Management LLC lifted its stake in iShares Select Dividend ETF by 5.7% in the 4th quarter. HB Wealth Management LLC now owns 133,966 shares of the company’s stock worth $18,908,000 after purchasing an additional 7,213 shares in the last quarter. 46.08% of the stock is owned by institutional investors.

iShares Select Dividend ETF Price Performance

NASDAQ DVY opened at $151.91 on Friday. iShares Select Dividend ETF has a 1 year low of $126.22 and a 1 year high of $160.38. The stock has a market capitalization of $22.36 billion, a PE ratio of 13.69 and a beta of 0.71. The company’s 50 day simple moving average is $152.51 and its two-hundred day simple moving average is $146.92.

iShares Select Dividend ETF Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, March 20th. Shareholders of record on Tuesday, March 17th were paid a $1.1493 dividend. The ex-dividend date was Tuesday, March 17th. This represents a $4.60 annualized dividend 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.