iShares Select Dividend ETF (NASDAQ:DVY) Shares Purchased by Thurston Springer Miller Herd & Titak Inc.

Thurston Springer Miller Herd & Titak Inc. increased its stake in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 113.4% during the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 414 shares of the company’s stock after buying an additional 220 shares during the quarter. Thurston Springer Miller Herd & Titak Inc.’s holdings in iShares Select Dividend ETF were worth $56,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in DVY. Charles Schwab Investment Management Inc. raised its holdings in shares of iShares Select Dividend ETF by 588.4% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 288,441 shares of the company’s stock worth $37,869,000 after acquiring an additional 246,540 shares during the period. LPL Financial LLC increased its position in iShares Select Dividend ETF by 8.9% during the fourth quarter. LPL Financial LLC now owns 1,596,398 shares of the company’s stock worth $209,591,000 after purchasing an additional 130,573 shares during the last quarter. Accredited Investors Inc. raised its stake in iShares Select Dividend ETF by 37.3% during the fourth quarter. Accredited Investors Inc. now owns 3,141 shares of the company’s stock worth $412,000 after purchasing an additional 853 shares during the period. Private Trust Co. NA raised its stake in iShares Select Dividend ETF by 1.5% during the fourth quarter. Private Trust Co. NA now owns 8,136 shares of the company’s stock worth $1,068,000 after purchasing an additional 121 shares during the period. Finally, Worth Financial Advisory Group LLC boosted its holdings in iShares Select Dividend ETF by 13.1% in the 4th quarter. Worth Financial Advisory Group LLC now owns 1,819 shares of the company’s stock valued at $239,000 after purchasing an additional 210 shares during the last quarter. Institutional investors and hedge funds own 46.08% of the company’s stock.

iShares Select Dividend ETF Price Performance

iShares Select Dividend ETF stock opened at $131.65 on Friday. The firm has a 50 day simple moving average of $128.43 and a 200-day simple moving average of $132.70. The stock has a market cap of $19.47 billion, a price-to-earnings ratio of 15.12 and a beta of 0.87. iShares Select Dividend ETF has a 1-year low of $115.94 and a 1-year high of $144.09.

iShares Select Dividend ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Friday, March 21st. Investors of record on Tuesday, March 18th were issued a $1.0495 dividend. The ex-dividend date was Tuesday, March 18th.

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.