iShares Select Dividend ETF (NASDAQ:DVY) Shares Acquired by BIP Wealth LLC

BIP Wealth LLC increased its holdings in iShares Select Dividend ETF (NASDAQ:DVY) by 4.0% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 4,942 shares of the company’s stock after buying an additional 190 shares during the period. BIP Wealth LLC’s holdings in iShares Select Dividend ETF were worth $579,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also modified their holdings of the business. Halbert Hargrove Global Advisors LLC boosted its holdings in shares of iShares Select Dividend ETF by 2.1% in the 4th quarter. Halbert Hargrove Global Advisors LLC now owns 4,376 shares of the company’s stock valued at $513,000 after buying an additional 88 shares during the period. JNBA Financial Advisors lifted its position in iShares Select Dividend ETF by 26.6% in the 3rd quarter. JNBA Financial Advisors now owns 448 shares of the company’s stock valued at $48,000 after purchasing an additional 94 shares during the last quarter. Sunbelt Securities Inc. lifted its position in iShares Select Dividend ETF by 0.6% in the 3rd quarter. Sunbelt Securities Inc. now owns 16,069 shares of the company’s stock valued at $1,730,000 after purchasing an additional 96 shares during the last quarter. Access Financial Services Inc. lifted its position in iShares Select Dividend ETF by 0.5% in the 4th quarter. Access Financial Services Inc. now owns 19,382 shares of the company’s stock valued at $2,272,000 after purchasing an additional 96 shares during the last quarter. Finally, Patriot Financial Group Insurance Agency LLC lifted its position in iShares Select Dividend ETF by 3.9% in the 4th quarter. Patriot Financial Group Insurance Agency LLC now owns 2,540 shares of the company’s stock valued at $298,000 after purchasing an additional 96 shares during the last quarter. 46.08% of the stock is owned by institutional investors and hedge funds.

iShares Select Dividend ETF Trading Down 0.7 %

NASDAQ:DVY traded down $0.83 during mid-day trading on Thursday, hitting $120.09. The stock had a trading volume of 225,267 shares, compared to its average volume of 573,658. The stock has a market capitalization of $18.25 billion, a price-to-earnings ratio of 12.98 and a beta of 0.87. The company has a 50 day simple moving average of $118.94 and a 200-day simple moving average of $114.70. iShares Select Dividend ETF has a 52 week low of $102.66 and a 52 week high of $123.43.

iShares Select Dividend ETF Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, March 27th. Investors of record on Friday, March 22nd were given a $0.9976 dividend. The ex-dividend date was Thursday, March 21st. This represents a $3.99 annualized dividend and a yield of 3.32%.

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.