HC Advisors LLC acquired a new stake in shares of iShares Select Dividend ETF (NASDAQ:DVY – Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 1,547 shares of the company’s stock, valued at approximately $203,000.
A number of other institutional investors have also recently made changes to their positions in DVY. Mirae Asset Global Investments Co. Ltd. boosted its stake in shares of iShares Select Dividend ETF by 13.3% during the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 18,800 shares of the company’s stock valued at $2,533,000 after purchasing an additional 2,200 shares during the period. Pathway Financial Advisers LLC boosted its stake in shares of iShares Select Dividend ETF by 1.5% during the third quarter. Pathway Financial Advisers LLC now owns 6,228 shares of the company’s stock valued at $841,000 after purchasing an additional 91 shares during the period. Pinnacle Associates Ltd. boosted its stake in shares of iShares Select Dividend ETF by 1.7% during the third quarter. Pinnacle Associates Ltd. now owns 33,326 shares of the company’s stock valued at $4,501,000 after purchasing an additional 569 shares during the period. JFS Wealth Advisors LLC boosted its stake in shares of iShares Select Dividend ETF by 1.0% during the third quarter. JFS Wealth Advisors LLC now owns 25,266 shares of the company’s stock valued at $3,413,000 after purchasing an additional 257 shares during the period. Finally, Financial Advocates Investment Management lifted its stake in iShares Select Dividend ETF by 39.0% in the third quarter. Financial Advocates Investment Management now owns 17,241 shares of the company’s stock worth $2,329,000 after acquiring an additional 4,840 shares during the period. Hedge funds and other institutional investors own 46.08% of the company’s stock.
iShares Select Dividend ETF Stock Down 0.3 %
Shares of DVY stock opened at $136.43 on Friday. The stock has a fifty day moving average of $133.87 and a 200 day moving average of $134.74. iShares Select Dividend ETF has a 52 week low of $115.43 and a 52 week high of $144.09. The firm has a market capitalization of $20.28 billion, a price-to-earnings ratio of 13.25 and a beta of 0.87.
iShares Select Dividend ETF Cuts Dividend
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.
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