25,030 Shares in iShares Select Dividend ETF $DVY Bought by Bleakley Financial Group LLC

Bleakley Financial Group LLC bought a new position in shares of iShares Select Dividend ETF (NASDAQ:DVY) in the 4th quarter, HoldingsChannel.com reports. The institutional investor bought 25,030 shares of the company’s stock, valued at approximately $3,533,000.

Several other large investors have also bought and sold shares of the stock. Bank of America Corp DE raised its position in iShares Select Dividend ETF by 3.3% during the 3rd quarter. Bank of America Corp DE now owns 8,096,893 shares of the company’s stock worth $1,150,568,000 after purchasing an additional 256,434 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its position in iShares Select Dividend ETF by 1,771.5% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 6,385,482 shares of the company’s stock worth $901,247,000 after purchasing an additional 6,044,290 shares during the last quarter. JPMorgan Chase & Co. grew its holdings in iShares Select Dividend ETF by 1.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,549,408 shares of the company’s stock worth $220,171,000 after acquiring an additional 24,718 shares during the period. UBS Group AG grew its holdings in iShares Select Dividend ETF by 3.0% during the 4th quarter. UBS Group AG now owns 1,189,865 shares of the company’s stock worth $167,938,000 after acquiring an additional 34,832 shares during the period. Finally, Miller Howard Investments Inc. NY grew its holdings in iShares Select Dividend ETF by 745.9% during the 4th quarter. Miller Howard Investments Inc. NY now owns 505,689 shares of the company’s stock worth $71,373,000 after acquiring an additional 445,910 shares during the period. 46.08% of the stock is owned by institutional investors.

iShares Select Dividend ETF Trading Up 0.0%

Shares of iShares Select Dividend ETF stock opened at $155.28 on Thursday. The business has a 50-day moving average price of $152.12 and a two-hundred day moving average price of $148.94. iShares Select Dividend ETF has a 1-year low of $129.36 and a 1-year high of $160.38. The company has a market cap of $22.84 billion, a P/E ratio of 13.69 and a beta of 0.67.

iShares Select Dividend ETF Cuts Dividend

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