Cyrus J. Lawrence LLC Has $220,000 Stock Holdings in iShares Select Dividend ETF (NASDAQ:DVY)

Cyrus J. Lawrence LLC raised its position in iShares Select Dividend ETF (NASDAQ:DVY) by 740.0% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 1,680 shares of the company’s stock after purchasing an additional 1,480 shares during the period. Cyrus J. Lawrence LLC’s holdings in iShares Select Dividend ETF were worth $220,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently modified their holdings of DVY. Wealthfront Advisers LLC lifted its position in shares of iShares Select Dividend ETF by 194,486.4% during the 4th quarter. Wealthfront Advisers LLC now owns 24,488,697 shares of the company’s stock valued at $3,215,121,000 after acquiring an additional 24,476,112 shares during the period. Raymond James Financial Inc. bought a new stake in shares of iShares Select Dividend ETF during the 4th quarter valued at $156,322,000. Miller Howard Investments Inc. NY lifted its position in shares of iShares Select Dividend ETF by 369.5% during the 4th quarter. Miller Howard Investments Inc. NY now owns 498,927 shares of the company’s stock valued at $65,504,000 after acquiring an additional 392,667 shares during the period. Charles Schwab Investment Management Inc. lifted its position in shares of iShares Select Dividend ETF by 588.4% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 288,441 shares of the company’s stock valued at $37,869,000 after acquiring an additional 246,540 shares during the period. Finally, Private Advisor Group LLC lifted its position in shares of iShares Select Dividend ETF by 94.0% during the 4th quarter. Private Advisor Group LLC now owns 384,003 shares of the company’s stock valued at $50,416,000 after acquiring an additional 186,055 shares during the period. 46.08% of the stock is currently owned by institutional investors.

iShares Select Dividend ETF Stock Performance

NASDAQ:DVY opened at $132.77 on Friday. The stock has a fifty day moving average price of $134.60 and a 200-day moving average price of $135.06. The company has a market cap of $19.61 billion, a price-to-earnings ratio of 15.96 and a beta of 0.88. iShares Select Dividend ETF has a fifty-two week low of $115.43 and a fifty-two week high of $144.09.

iShares Select Dividend ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Friday, March 21st. Investors of record on Tuesday, March 18th were given 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.