RWA Wealth Partners LLC Has $1.16 Million Stock Position in iShares Select Dividend ETF (NASDAQ:DVY)

RWA Wealth Partners LLC reduced its stake in iShares Select Dividend ETF (NASDAQ:DVY) by 1.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 9,915 shares of the company’s stock after selling 98 shares during the quarter. RWA Wealth Partners LLC’s holdings in iShares Select Dividend ETF were worth $1,162,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Halbert Hargrove Global Advisors LLC lifted its stake in shares of iShares Select Dividend ETF by 2.1% in the fourth quarter. Halbert Hargrove Global Advisors LLC now owns 4,376 shares of the company’s stock worth $513,000 after acquiring an additional 88 shares during the period. JNBA Financial Advisors lifted its stake in shares of iShares Select Dividend ETF by 26.6% in the third quarter. JNBA Financial Advisors now owns 448 shares of the company’s stock worth $48,000 after acquiring an additional 94 shares during the period. Sunbelt Securities Inc. lifted its stake in shares of iShares Select Dividend ETF by 0.6% in the third quarter. Sunbelt Securities Inc. now owns 16,069 shares of the company’s stock worth $1,730,000 after acquiring an additional 96 shares during the period. Access Financial Services Inc. lifted its stake in shares of iShares Select Dividend ETF by 0.5% in the fourth quarter. Access Financial Services Inc. now owns 19,382 shares of the company’s stock worth $2,272,000 after acquiring an additional 96 shares during the period. Finally, Patriot Financial Group Insurance Agency LLC lifted its stake in shares of iShares Select Dividend ETF by 3.9% in the fourth quarter. Patriot Financial Group Insurance Agency LLC now owns 2,540 shares of the company’s stock worth $298,000 after acquiring an additional 96 shares during the period. 46.08% of the stock is owned by institutional investors and hedge funds.

iShares Select Dividend ETF Stock Performance

Shares of DVY opened at $120.92 on Thursday. iShares Select Dividend ETF has a 52-week low of $102.66 and a 52-week high of $123.43. The business’s 50 day moving average price is $118.94 and its two-hundred day moving average price is $114.70. The firm has a market cap of $18.37 billion, a PE ratio of 12.98 and a beta of 0.87.

iShares Select Dividend ETF Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, March 27th. Shareholders of record on Friday, March 22nd were paid a $0.9976 dividend. This represents a $3.99 annualized dividend and a yield of 3.30%. The ex-dividend date of this dividend was Thursday, March 21st.

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.