Jackson Grant Investment Advisers Inc. Has $5.36 Million Position in iShares Select Dividend ETF (NASDAQ:DVY)

Jackson Grant Investment Advisers Inc. boosted its position in iShares Select Dividend ETF (NASDAQ:DVY) by 0.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 40,803 shares of the company’s stock after buying an additional 314 shares during the quarter. iShares Select Dividend ETF makes up approximately 2.1% of Jackson Grant Investment Advisers Inc.’s portfolio, making the stock its 9th biggest position. Jackson Grant Investment Advisers Inc.’s holdings in iShares Select Dividend ETF were worth $5,357,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of DVY. JPMorgan Chase & Co. lifted its stake in shares of 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 acquiring an additional 7,012 shares during the last quarter. Sequoia Financial Advisors LLC increased its stake in iShares Select Dividend ETF by 2.2% in the 3rd quarter. Sequoia Financial Advisors LLC now owns 47,836 shares of the company’s stock worth $6,461,000 after purchasing an additional 1,041 shares during the period. Global Retirement Partners LLC lifted its position in iShares Select Dividend ETF by 12.0% in the third quarter. Global Retirement Partners LLC now owns 4,232 shares of the company’s stock valued at $572,000 after purchasing an additional 455 shares during the last quarter. ORG Partners LLC boosted its stake in shares of iShares Select Dividend ETF by 331.9% during the fourth quarter. ORG Partners LLC now owns 488 shares of the company’s stock valued at $64,000 after purchasing an additional 375 shares during the period. Finally, Regatta Capital Group LLC grew its holdings in shares of iShares Select Dividend ETF by 6.7% in the fourth quarter. Regatta Capital Group LLC now owns 3,965 shares of the company’s stock worth $521,000 after purchasing an additional 250 shares during the last quarter. 46.08% of the stock is currently owned by institutional investors.

iShares Select Dividend ETF Stock Up 0.3 %

Shares of NASDAQ DVY opened at $134.63 on Thursday. The firm’s fifty day moving average is $134.66 and its 200 day moving average is $133.83. iShares Select Dividend ETF has a 52 week low of $112.42 and a 52 week high of $144.09. The company has a market cap of $20.04 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 given a $1.3164 dividend. The ex-dividend date of this dividend was Tuesday, December 17th.

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.