Watermark Asset Management Inc. raised its holdings in shares of iShares Dow Jones U.S. ETF (NYSEARCA:IYY) by 1.9% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 26,942 shares of the company’s stock after purchasing an additional 512 shares during the period. iShares Dow Jones U.S. ETF makes up about 1.6% of Watermark Asset Management Inc.’s investment portfolio, making the stock its 17th largest holding. Watermark Asset Management Inc. owned 0.32% of iShares Dow Jones U.S. ETF worth $3,353,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds have also modified their holdings of IYY. Leavell Investment Management Inc. purchased a new stake in iShares Dow Jones U.S. ETF during the 3rd quarter valued at $206,000. Amarillo National Bank purchased a new stake in iShares Dow Jones U.S. ETF during the 3rd quarter valued at $208,000. Centaurus Financial Inc. boosted its stake in iShares Dow Jones U.S. ETF by 71.9% during the 2nd quarter. Centaurus Financial Inc. now owns 1,602 shares of the company’s stock valued at $218,000 after purchasing an additional 670 shares during the last quarter. Sunbelt Securities Inc. boosted its stake in iShares Dow Jones U.S. ETF by 24.9% during the 3rd quarter. Sunbelt Securities Inc. now owns 2,505 shares of the company’s stock valued at $365,000 after purchasing an additional 500 shares during the last quarter. Finally, Private Advisory Group LLC purchased a new stake in iShares Dow Jones U.S. ETF during the 3rd quarter valued at $420,000.
Shares of IYY opened at $129.24 on Monday. iShares Dow Jones U.S. ETF has a 12 month low of $116.62 and a 12 month high of $147.61.
The company also recently declared a quarterly dividend, which was paid on Friday, January 4th. Stockholders of record on Monday, December 31st were paid a $0.1407 dividend. The ex-dividend date of this dividend was Friday, December 28th. This represents a $0.56 annualized dividend and a dividend yield of 0.44%.
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About iShares Dow Jones U.S. ETF
iShares Dow Jones US ETF, formerly iShares Dow Jones U.S. Index Fund (the Fund), is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the Dow Jones U.S. Index (the Index). The Index measures the performance of the broad United States equity market, and is consisted of all of the companies in the Dow Jones Large-Cap Index, Dow Jones Mid-Cap Index and Dow Jones Small-Cap Index.
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