iShares Select Dividend ETF (NASDAQ:DVY) Stock Holdings Lessened by IFG Advisory LLC

IFG Advisory LLC reduced its position in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 1.7% during the 4th quarter, Holdings Channel.com reports. The firm owned 38,738 shares of the company’s stock after selling 667 shares during the period. IFG Advisory LLC’s holdings in iShares Select Dividend ETF were worth $4,538,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in the company. Columbia Trust Co 01012016 acquired a new stake in iShares Select Dividend ETF during the 4th quarter valued at $205,000. SignalPoint Asset Management LLC raised its stake in iShares Select Dividend ETF by 3.3% during the 4th quarter. SignalPoint Asset Management LLC now owns 9,396 shares of the company’s stock valued at $1,101,000 after purchasing an additional 300 shares during the period. PFG Investments LLC raised its stake in iShares Select Dividend ETF by 4.4% during the 4th quarter. PFG Investments LLC now owns 11,516 shares of the company’s stock valued at $1,350,000 after purchasing an additional 484 shares during the period. Heartwood Wealth Advisors LLC raised its stake in iShares Select Dividend ETF by 23.8% during the 4th quarter. Heartwood Wealth Advisors LLC now owns 5,757 shares of the company’s stock valued at $675,000 after purchasing an additional 1,108 shares during the period. Finally, Vision Capital Management Inc. acquired a new stake in iShares Select Dividend ETF during the 4th quarter valued at $360,000. 47.25% of the stock is owned by institutional investors and hedge funds.

iShares Select Dividend ETF Stock Up 2.3 %

Shares of NASDAQ:DVY opened at $122.44 on Thursday. The company’s fifty day moving average is $116.80 and its two-hundred day moving average is $113.21. iShares Select Dividend ETF has a 12-month low of $102.66 and a 12-month high of $122.45. The company has a market cap of $19.33 billion, a P/E ratio of 11.69 and a beta of 0.87.

iShares Select Dividend ETF Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, March 27th. Stockholders of record on Friday, March 22nd were issued a dividend of $0.9976 per share. This represents a $3.99 annualized dividend and a dividend yield of 3.26%. The ex-dividend date was Thursday, March 21st.

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.