KCM Investment Advisors LLC Purchases 911 Shares of iShares Select Dividend ETF (NASDAQ:DVY)

KCM Investment Advisors LLC grew its holdings in iShares Select Dividend ETF (NASDAQ:DVY) by 1.8% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 52,910 shares of the company’s stock after purchasing an additional 911 shares during the period. KCM Investment Advisors LLC’s holdings in iShares Select Dividend ETF were worth $6,947,000 as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of DVY. Thurston Springer Miller Herd & Titak Inc. increased its stake in shares of iShares Select Dividend ETF by 340.9% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 194 shares of the company’s stock worth $25,000 after purchasing an additional 150 shares in the last quarter. Transamerica Financial Advisors Inc. purchased a new stake in iShares Select Dividend ETF in the 4th quarter worth approximately $27,000. Creative Capital Management Investments LLC bought a new stake in iShares Select Dividend ETF during the 4th quarter worth approximately $33,000. Millstone Evans Group LLC purchased a new position in iShares Select Dividend ETF during the fourth quarter valued at approximately $36,000. Finally, Roxbury Financial LLC bought a new position in shares of iShares Select Dividend ETF in the fourth quarter worth approximately $38,000. 46.08% of the stock is currently owned by institutional investors.

iShares Select Dividend ETF Price Performance

Shares of NASDAQ DVY opened at $122.07 on Friday. The stock has a market cap of $18.20 billion, a PE ratio of 14.65 and a beta of 0.78. iShares Select Dividend ETF has a 1 year low of $115.43 and a 1 year high of $144.09. The firm has a fifty day moving average price of $134.31 and a 200-day moving average price of $135.02.

iShares Select Dividend ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Friday, March 21st. Shareholders of record on Tuesday, March 18th were issued a dividend of $1.0495 per share. The ex-dividend date was Tuesday, March 18th.

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.