Resolute Wealth Strategies LLC Acquires 129 Shares of iShares Select Dividend ETF (NASDAQ:DVY)

Resolute Wealth Strategies LLC increased its position in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 2.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 6,445 shares of the company’s stock after acquiring an additional 129 shares during the period. Resolute Wealth Strategies LLC’s holdings in iShares Select Dividend ETF were worth $755,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently modified their holdings of DVY. Merit Financial Group LLC bought a new position in iShares Select Dividend ETF during the 4th quarter worth approximately $225,000. Fisher Asset Management LLC bought a new position in shares of iShares Select Dividend ETF in the 4th quarter worth about $483,000. Mine & Arao Wealth Creation & Management LLC. grew its stake in iShares Select Dividend ETF by 1.8% during the fourth quarter. Mine & Arao Wealth Creation & Management LLC. now owns 30,792 shares of the company’s stock worth $3,609,000 after purchasing an additional 545 shares during the period. Global Wealth Management Investment Advisory Inc. increased its stake in shares of iShares Select Dividend ETF by 14.1% in the 4th quarter. Global Wealth Management Investment Advisory Inc. now owns 1,623 shares of the company’s stock valued at $190,000 after acquiring an additional 200 shares in the last quarter. Finally, Fiducient Advisors LLC increased its stake in iShares Select Dividend ETF by 119.9% in the fourth quarter. Fiducient Advisors LLC now owns 18,385 shares of the company’s stock valued at $2,155,000 after purchasing an additional 10,024 shares in the last quarter. Institutional investors own 46.08% of the company’s stock.

iShares Select Dividend ETF Trading Up 0.5 %

Shares of NASDAQ:DVY traded up $0.56 during mid-day trading on Friday, hitting $121.24. 357,588 shares of the company traded hands, compared to its average volume of 563,234. The stock has a market cap of $18.39 billion, a P/E ratio of 13.25 and a beta of 0.68. The stock has a 50-day moving average price of $119.56 and a two-hundred day moving average price of $115.29. iShares Select Dividend ETF has a 12-month low of $102.66 and a 12-month high of $123.43.

iShares Select Dividend ETF Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, March 27th. Shareholders of record on Friday, March 22nd were paid a $0.9976 dividend. The ex-dividend date of this dividend was Thursday, March 21st. This represents a $3.99 dividend on an annualized basis and a yield of 3.29%.

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.