Cornerstone Wealth Management LLC Buys 312 Shares of iShares Select Dividend ETF (NASDAQ:DVY)

Cornerstone Wealth Management LLC grew its position in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 6.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 5,516 shares of the company’s stock after acquiring an additional 312 shares during the quarter. Cornerstone Wealth Management LLC’s holdings in iShares Select Dividend ETF were worth $724,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently bought and sold shares of the company. International Assets Investment Management LLC raised its stake in shares of iShares Select Dividend ETF by 17,525.9% in the third quarter. International Assets Investment Management LLC now owns 4,372,993 shares of the company’s stock worth $590,660,000 after purchasing an additional 4,348,183 shares during the last quarter. LPL Financial LLC grew its holdings in iShares Select Dividend ETF by 4.6% during the third quarter. LPL Financial LLC now owns 1,465,825 shares of the company’s stock worth $197,989,000 after buying an additional 64,620 shares in the last quarter. JPMorgan Chase & Co. raised its position in iShares Select Dividend ETF by 0.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,380,841 shares of the company’s stock valued at $186,510,000 after buying an additional 7,012 shares during the last quarter. Raymond James & Associates lifted its stake in iShares Select Dividend ETF by 2.9% during the 3rd quarter. Raymond James & Associates now owns 584,439 shares of the company’s stock valued at $78,940,000 after acquiring an additional 16,512 shares in the last quarter. Finally, Rockefeller Capital Management L.P. boosted its holdings in iShares Select Dividend ETF by 0.5% during the 3rd quarter. Rockefeller Capital Management L.P. now owns 403,745 shares of the company’s stock worth $54,510,000 after acquiring an additional 2,072 shares during the last quarter. Institutional investors and hedge funds own 46.08% of the company’s stock.

iShares Select Dividend ETF Price Performance

NASDAQ DVY opened at $135.10 on Friday. The company has a fifty day moving average price of $135.50 and a 200-day moving average price of $133.23. iShares Select Dividend ETF has a 1 year low of $112.42 and a 1 year high of $144.09. The firm has a market cap of $20.24 billion, a price-to-earnings ratio of 13.25 and a beta of 0.87.

iShares Select Dividend ETF Cuts Dividend

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