iShares Select Dividend ETF (NASDAQ:DVY) Stock Position Lifted by Commonwealth Equity Services LLC

Commonwealth Equity Services LLC boosted its stake in iShares Select Dividend ETF (NASDAQ:DVY) by 0.8% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 646,644 shares of the company’s stock after buying an additional 4,820 shares during the quarter. Commonwealth Equity Services LLC’s holdings in iShares Select Dividend ETF were worth $84,898,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of DVY. JPMorgan Chase & Co. increased its stake in shares of iShares Select Dividend ETF by 0.5% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,380,841 shares of the company’s stock worth $186,510,000 after purchasing an additional 7,012 shares during the last quarter. ORG Partners LLC boosted its holdings in shares of iShares Select Dividend ETF by 331.9% during the 4th quarter. ORG Partners LLC now owns 488 shares of the company’s stock worth $64,000 after buying an additional 375 shares during the period. Regatta Capital Group LLC boosted its holdings in iShares Select Dividend ETF by 6.7% during the fourth quarter. Regatta Capital Group LLC now owns 3,965 shares of the company’s stock valued at $521,000 after acquiring an additional 250 shares during the period. Fulton Bank N.A. boosted its stake in iShares Select Dividend ETF by 20.4% during the 4th quarter. Fulton Bank N.A. now owns 26,935 shares of the company’s stock valued at $3,536,000 after purchasing an additional 4,568 shares during the period. Finally, Private Trust Co. NA grew its stake in shares of iShares Select Dividend ETF by 1.5% in the fourth quarter. Private Trust Co. NA now owns 8,136 shares of the company’s stock worth $1,068,000 after acquiring an additional 121 shares during the last quarter. Institutional investors and hedge funds own 46.08% of the company’s stock.

iShares Select Dividend ETF Price Performance

NASDAQ:DVY opened at $130.62 on Friday. iShares Select Dividend ETF has a one year low of $115.43 and a one year high of $144.09. The company has a fifty day moving average price of $134.26 and a 200 day moving average price of $135.04. The stock has a market cap of $19.42 billion, a P/E ratio of 16.35 and a beta of 0.87.

iShares Select Dividend ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Friday, December 20th. Stockholders of record on Tuesday, December 17th were issued a dividend of $1.3164 per share. The ex-dividend date was Tuesday, December 17th.

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.