Arkadios Wealth Advisors Has $1.12 Million Position in iShares Select Dividend ETF (NASDAQ:DVY)

Arkadios Wealth Advisors cut its position in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 7.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 8,539 shares of the company’s stock after selling 698 shares during the period. Arkadios Wealth Advisors’ holdings in iShares Select Dividend ETF were worth $1,121,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of DVY. Wealthcare Advisory Partners LLC raised its stake in iShares Select Dividend ETF by 3.8% in the fourth quarter. Wealthcare Advisory Partners LLC now owns 27,567 shares of the company’s stock valued at $3,619,000 after buying an additional 1,014 shares during the period. Procyon Advisors LLC increased its holdings in shares of iShares Select Dividend ETF by 13.1% during the 4th quarter. Procyon Advisors LLC now owns 3,236 shares of the company’s stock worth $425,000 after acquiring an additional 374 shares during the last quarter. Edge Wealth Management LLC raised its stake in iShares Select Dividend ETF by 1.2% in the 4th quarter. Edge Wealth Management LLC now owns 10,973 shares of the company’s stock valued at $1,441,000 after acquiring an additional 125 shares during the period. Bouvel Investment Partners LLC lifted its holdings in iShares Select Dividend ETF by 35.2% during the 4th quarter. Bouvel Investment Partners LLC now owns 26,236 shares of the company’s stock valued at $3,445,000 after purchasing an additional 6,830 shares during the last quarter. Finally, Cypress Wealth Services LLC boosted its position in iShares Select Dividend ETF by 7.2% during the fourth quarter. Cypress Wealth Services LLC now owns 22,247 shares of the company’s stock worth $2,921,000 after purchasing an additional 1,489 shares during the period. 46.08% of the stock is owned by institutional investors.

iShares Select Dividend ETF Price Performance

Shares of DVY opened at $134.80 on Monday. The company’s 50-day moving average is $135.84 and its 200-day moving average is $132.90. The firm has a market capitalization of $20.47 billion, a PE ratio of 13.25 and a beta of 0.87. iShares Select Dividend ETF has a fifty-two week low of $112.42 and a fifty-two week high of $144.09.

iShares Select Dividend ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Friday, December 20th. Shareholders of record on Tuesday, December 17th were issued a $1.3164 dividend. The ex-dividend date of this dividend 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.