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

Thurston Springer Miller Herd & Titak Inc. raised its stake in iShares Select Dividend ETF (NASDAQ:DVY) by 113.4% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 414 shares of the company’s stock after purchasing 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 quarter.

A number of other hedge funds also recently made changes to their positions in DVY. Transamerica Financial Advisors Inc. purchased a new position in shares of iShares Select Dividend ETF in the 4th quarter worth $27,000. Creative Capital Management Investments LLC acquired a new stake in iShares Select Dividend ETF during the fourth quarter worth about $33,000. Roxbury Financial LLC purchased a new position in shares of iShares Select Dividend ETF in the 4th quarter worth about $38,000. Millstone Evans Group LLC acquired a new position in shares of iShares Select Dividend ETF in the 4th quarter valued at about $36,000. Finally, Murphy & Mullick Capital Management Corp acquired a new position in shares of iShares Select Dividend ETF in the 4th quarter valued at about $40,000. Institutional investors and hedge funds own 46.08% of the company’s stock.

iShares Select Dividend ETF Stock Performance

Shares of NASDAQ:DVY opened at $131.65 on Friday. The stock 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 capitalization of $19.47 billion, a P/E 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. Shareholders of record on Tuesday, March 18th were paid a dividend of $1.0495 per share. 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.