My Personal CFO LLC Invests $3.79 Million in iShares Select Dividend ETF $DVY

My Personal CFO LLC acquired a new stake in iShares Select Dividend ETF (NASDAQ:DVY) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 26,862 shares of the company’s stock, valued at approximately $3,791,000. iShares Select Dividend ETF makes up about 1.6% of My Personal CFO LLC’s portfolio, making the stock its 14th largest position.

A number of other hedge funds have also made changes to their positions in DVY. Brighton Jones LLC lifted its holdings in shares of iShares Select Dividend ETF by 14.3% in the fourth quarter. Brighton Jones LLC now owns 12,212 shares of the company’s stock valued at $1,603,000 after buying an additional 1,524 shares during the period. AQR Capital Management LLC grew its stake in shares of iShares Select Dividend ETF by 44.7% in the 1st quarter. AQR Capital Management LLC now owns 12,687 shares of the company’s stock worth $1,704,000 after purchasing an additional 3,918 shares during the last quarter. Hsbc Holdings PLC raised its holdings in shares of iShares Select Dividend ETF by 0.8% in the 2nd quarter. Hsbc Holdings PLC now owns 16,598 shares of the company’s stock worth $2,204,000 after purchasing an additional 131 shares in the last quarter. Smith Moore & CO. raised its holdings in shares of iShares Select Dividend ETF by 5.4% in the 2nd quarter. Smith Moore & CO. now owns 9,730 shares of the company’s stock worth $1,292,000 after purchasing an additional 501 shares in the last quarter. Finally, Fisher Asset Management LLC lifted its stake in iShares Select Dividend ETF by 10.3% during the second quarter. Fisher Asset Management LLC now owns 1,751 shares of the company’s stock valued at $233,000 after purchasing an additional 164 shares during the last quarter. 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 $151.41 on Wednesday. The stock has a market capitalization of $22.08 billion, a price-to-earnings ratio of 13.69 and a beta of 0.77. iShares Select Dividend ETF has a 1-year low of $115.94 and a 1-year high of $160.38. The company has a 50 day moving average price of $152.53 and a 200 day moving average price of $145.58.

iShares Select Dividend ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 20th. Stockholders of record on Tuesday, March 17th were paid a dividend of $1.1493 per share. The ex-dividend date of this dividend was Tuesday, March 17th. This represents a $4.60 annualized dividend and a dividend yield of 3.0%.

iShares Select Dividend ETF 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. The Index consists of 100 of the highest dividend-yielding securities (excluding real estate investment trusts (REITs) in the Dow Jones U.S.