Oppenheimer & Co. Inc. Purchases 679 Shares of iShares Select Dividend ETF (NASDAQ:DVY)

Oppenheimer & Co. Inc. raised its position in iShares Select Dividend ETF (NASDAQ:DVY) by 1.7% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 39,683 shares of the company’s stock after buying an additional 679 shares during the quarter. Oppenheimer & Co. Inc.’s holdings in iShares Select Dividend ETF were worth $5,210,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of DVY. Thurston Springer Miller Herd & Titak Inc. increased its holdings in iShares Select Dividend ETF by 340.9% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 194 shares of the company’s stock valued at $25,000 after buying an additional 150 shares during the period. Creative Capital Management Investments LLC bought a new stake in shares of iShares Select Dividend ETF during the 4th quarter valued at approximately $33,000. Roxbury Financial LLC bought a new stake in shares of iShares Select Dividend ETF during the 4th quarter valued at approximately $38,000. JDM Financial Group LLC grew its holdings 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 valued at $41,000 after purchasing an additional 75 shares during the last quarter. Finally, Weaver Capital Management LLC bought a new stake in shares of iShares Select Dividend ETF during the 4th quarter valued at approximately $43,000. 46.08% of the stock is owned by institutional investors.

iShares Select Dividend ETF Trading Up 1.2 %

Shares of iShares Select Dividend ETF stock opened at $138.10 on Friday. The firm has a market capitalization of $20.53 billion, a PE ratio of 13.25 and a beta of 0.87. The firm’s 50 day moving average is $134.00 and its 200 day moving average is $134.82. iShares Select Dividend ETF has a 1 year low of $115.43 and a 1 year high of $144.09.

iShares Select Dividend ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Friday, December 20th. Investors of record on Tuesday, December 17th were issued a dividend of $1.3164 per share. The ex-dividend date was Tuesday, December 17th.

About iShares Select Dividend ETF

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.