Sanders Morris Harris LLC Purchases New Position in iShares Select Dividend ETF (NASDAQ:DVY)

Sanders Morris Harris LLC purchased a new stake in iShares Select Dividend ETF (NASDAQ:DVY) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm purchased 20,237 shares of the company’s stock, valued at approximately $2,657,000.

Several other large investors have also added to or reduced their stakes in the business. Banque Cantonale Vaudoise lifted its position in shares of iShares Select Dividend ETF by 10.1% during the 3rd quarter. Banque Cantonale Vaudoise now owns 798 shares of the company’s stock worth $108,000 after buying an additional 73 shares in the last quarter. JDM Financial Group LLC lifted its position in shares of iShares Select Dividend ETF by 33.3% during the 3rd quarter. JDM Financial Group LLC now owns 300 shares of the company’s stock worth $41,000 after buying an additional 75 shares in the last quarter. Unionview LLC lifted its position in shares of iShares Select Dividend ETF by 0.7% during the 3rd quarter. Unionview LLC now owns 11,151 shares of the company’s stock worth $1,506,000 after buying an additional 76 shares in the last quarter. CMG Global Holdings LLC lifted its position in shares of iShares Select Dividend ETF by 0.5% during the 3rd quarter. CMG Global Holdings LLC now owns 17,284 shares of the company’s stock worth $2,335,000 after buying an additional 80 shares in the last quarter. Finally, Pathway Financial Advisers LLC lifted its position in shares of iShares Select Dividend ETF by 1.4% during the 2nd quarter. Pathway Financial Advisers LLC now owns 6,137 shares of the company’s stock worth $740,000 after buying an additional 84 shares in the last quarter. Institutional investors own 46.08% of the company’s stock.

iShares Select Dividend ETF Stock Performance

Shares of iShares Select Dividend ETF stock traded up $0.02 during mid-day trading on Thursday, hitting $132.82. 18,004 shares of the stock were exchanged, compared to its average volume of 437,524. iShares Select Dividend ETF has a 12 month low of $112.42 and a 12 month high of $144.09. The company has a 50-day simple moving average of $136.10 and a 200 day simple moving average of $132.62. The company has a market capitalization of $20.22 billion, a P/E ratio of 13.25 and a beta of 0.87.

iShares Select Dividend ETF Cuts Dividend

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