Peak Planning Group LLC Acquires Shares of 3,313 iShares Select Dividend ETF $DVY

Peak Planning Group LLC acquired a new stake in iShares Select Dividend ETF (NASDAQ:DVY) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 3,313 shares of the company’s stock, valued at approximately $468,000.

Several other hedge funds also recently bought and sold shares of the business. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC bought a new position in iShares Select Dividend ETF in the 4th quarter valued at $1,510,000. Wells Fargo & Company MN grew its position in iShares Select Dividend ETF by 1.9% in the 4th quarter. Wells Fargo & Company MN now owns 3,807,955 shares of the company’s stock valued at $537,455,000 after acquiring an additional 69,658 shares during the last quarter. Cullen Capital Management LLC bought a new position in iShares Select Dividend ETF in the 4th quarter valued at $2,982,000. Summit Financial LLC grew its position in iShares Select Dividend ETF by 15.2% in the 4th quarter. Summit Financial LLC now owns 4,300 shares of the company’s stock valued at $607,000 after acquiring an additional 566 shares during the last quarter. Finally, Howland Capital Management LLC grew its position in iShares Select Dividend ETF by 6.0% in the 4th quarter. Howland Capital Management LLC now owns 17,706 shares of the company’s stock valued at $2,499,000 after acquiring an additional 1,008 shares during the last quarter. Institutional investors own 46.08% of the company’s stock.

iShares Select Dividend ETF Stock Up 1.2%

Shares of iShares Select Dividend ETF stock opened at $158.84 on Friday. The stock’s fifty day moving average is $153.55 and its two-hundred day moving average is $150.16. The company has a market capitalization of $23.37 billion, a PE ratio of 13.69 and a beta of 0.66. iShares Select Dividend ETF has a 52 week low of $129.36 and a 52 week high of $160.38.

iShares Select Dividend ETF Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 20th. Shareholders of record on Tuesday, March 17th were given a $1.1493 dividend. This represents a $4.60 annualized dividend and a yield of 2.9%. The ex-dividend date of this dividend was Tuesday, March 17th.

iShares Select Dividend ETF Company Profile

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.