JPMorgan Chase & Co. Buys 7,012 Shares of iShares Select Dividend ETF (NASDAQ:DVY)

JPMorgan Chase & Co. grew its position in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 0.5% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,380,841 shares of the company’s stock after purchasing an additional 7,012 shares during the period. JPMorgan Chase & Co.’s holdings in iShares Select Dividend ETF were worth $186,510,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of DVY. International Assets Investment Management LLC raised its position in iShares Select Dividend ETF by 17,525.9% in the 3rd quarter. International Assets Investment Management LLC now owns 4,372,993 shares of the company’s stock worth $590,660,000 after purchasing an additional 4,348,183 shares during the period. National Bank of Canada FI lifted its stake in shares of iShares Select Dividend ETF by 72.7% in the 2nd quarter. National Bank of Canada FI now owns 213,193 shares of the company’s stock valued at $25,556,000 after acquiring an additional 89,727 shares during the last quarter. LPL Financial LLC lifted its stake in shares of iShares Select Dividend ETF by 4.6% in the 3rd quarter. LPL Financial LLC now owns 1,465,825 shares of the company’s stock valued at $197,989,000 after acquiring an additional 64,620 shares during the last quarter. Sanctuary Advisors LLC purchased a new stake in iShares Select Dividend ETF during the 2nd quarter valued at about $5,769,000. Finally, Florin Court Capital LLP grew its position in iShares Select Dividend ETF by 119.7% during the 3rd quarter. Florin Court Capital LLP now owns 65,700 shares of the company’s stock worth $8,874,000 after acquiring an additional 35,800 shares during the last quarter. 46.08% of the stock is currently owned by hedge funds and other institutional investors.

iShares Select Dividend ETF Stock Performance

NASDAQ:DVY opened at $131.29 on Wednesday. The firm has a market cap of $19.56 billion, a PE ratio of 13.25 and a beta of 0.87. iShares Select Dividend ETF has a fifty-two week low of $112.42 and a fifty-two week high of $144.09. The business has a 50 day moving average price of $136.83 and a 200-day moving average price of $131.91.

iShares Select Dividend ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Friday, December 20th. Investors of record on Tuesday, December 17th were issued a dividend of $1.3164 per share. The ex-dividend date of this dividend was Tuesday, December 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.