J.W. Cole Advisors Inc. Buys 919 Shares of iShares Select Dividend ETF (NASDAQ:DVY)

J.W. Cole Advisors Inc. grew its position in iShares Select Dividend ETF (NASDAQ:DVY) by 3.1% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 30,888 shares of the company’s stock after buying an additional 919 shares during the quarter. J.W. Cole Advisors Inc.’s holdings in iShares Select Dividend ETF were worth $3,621,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Nelson Van Denburg & Campbell Wealth Management Group LLC increased its position in iShares Select Dividend ETF by 1.2% during the 1st quarter. Nelson Van Denburg & Campbell Wealth Management Group LLC now owns 6,854 shares of the company’s stock valued at $878,000 after buying an additional 81 shares in the last quarter. Halbert Hargrove Global Advisors LLC increased its holdings in shares of iShares Select Dividend ETF by 2.1% during the fourth quarter. Halbert Hargrove Global Advisors LLC now owns 4,376 shares of the company’s stock valued at $513,000 after acquiring an additional 88 shares in the last quarter. Financial Advocates Investment Management raised its position in shares of iShares Select Dividend ETF by 0.7% in the 4th quarter. Financial Advocates Investment Management now owns 14,216 shares of the company’s stock valued at $1,714,000 after purchasing an additional 93 shares during the last quarter. JNBA Financial Advisors boosted its stake in iShares Select Dividend ETF by 26.6% in the 3rd quarter. JNBA Financial Advisors now owns 448 shares of the company’s stock worth $48,000 after purchasing an additional 94 shares in the last quarter. Finally, Sunbelt Securities Inc. grew its position in iShares Select Dividend ETF by 0.6% during the 3rd quarter. Sunbelt Securities Inc. now owns 16,069 shares of the company’s stock worth $1,730,000 after purchasing an additional 96 shares during the last quarter. Hedge funds and other institutional investors own 46.08% of the company’s stock.

iShares Select Dividend ETF Stock Performance

Shares of NASDAQ DVY traded up $1.82 during mid-day trading on Friday, hitting $118.70. The stock had a trading volume of 565,538 shares, compared to its average volume of 580,696. The firm has a market cap of $18.08 billion, a PE ratio of 12.98 and a beta of 0.87. The company has a 50 day moving average of $118.58 and a two-hundred day moving average of $114.31. iShares Select Dividend ETF has a twelve month low of $102.66 and a twelve month high of $123.43.

iShares Select Dividend ETF Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, March 27th. Stockholders of record on Friday, March 22nd were issued a $0.9976 dividend. This represents a $3.99 dividend on an annualized basis and a dividend yield of 3.36%. The ex-dividend date of this dividend was Thursday, March 21st.

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.