Kaydan Wealth Management Inc. Has $2.04 Million Stake in iShares Select Dividend ETF (NASDAQ:DVY)

Kaydan Wealth Management Inc. boosted its holdings in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 2.9% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 15,562 shares of the company’s stock after buying an additional 434 shares during the period. iShares Select Dividend ETF comprises 0.7% of Kaydan Wealth Management Inc.’s portfolio, making the stock its 25th largest holding. Kaydan Wealth Management Inc.’s holdings in iShares Select Dividend ETF were worth $2,043,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of DVY. Thurston Springer Miller Herd & Titak Inc. boosted its position in shares of iShares Select Dividend ETF by 340.9% during the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 194 shares of the company’s stock valued at $25,000 after acquiring an additional 150 shares in the last quarter. ORG Wealth Partners LLC acquired a new stake in iShares Select Dividend ETF during the third quarter valued at approximately $36,000. JDM Financial Group LLC grew its stake in shares of iShares Select Dividend ETF by 33.3% in 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 period. M&R Capital Management Inc. raised its holdings in shares of iShares Select Dividend ETF by 1,455.0% in the 3rd quarter. M&R Capital Management Inc. now owns 311 shares of the company’s stock worth $42,000 after buying an additional 291 shares in the last quarter. Finally, ORG Partners LLC lifted its position in shares of iShares Select Dividend ETF by 331.9% during the 4th quarter. ORG Partners LLC now owns 488 shares of the company’s stock worth $64,000 after buying an additional 375 shares during the period. Institutional investors own 46.08% of the company’s stock.

iShares Select Dividend ETF Price Performance

Shares of NASDAQ:DVY opened at $134.80 on Monday. The business’s fifty day moving average price is $135.84 and its two-hundred day moving average price is $132.90. iShares Select Dividend ETF has a fifty-two week low of $112.42 and a fifty-two week high of $144.09. The stock has a market capitalization of $20.47 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 announced a dividend, which was paid on Friday, December 20th. Stockholders of record on Tuesday, December 17th were issued 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.