Guidance Point Advisors LLC Raises Stock Holdings in iShares Select Dividend ETF (NASDAQ:DVY)

Guidance Point Advisors LLC raised its stake in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 0.4% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 25,441 shares of the company’s stock after acquiring an additional 111 shares during the period. iShares Select Dividend ETF makes up approximately 0.9% of Guidance Point Advisors LLC’s holdings, making the stock its 23rd biggest position. Guidance Point Advisors LLC’s holdings in iShares Select Dividend ETF were worth $3,341,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in DVY. Wealthfront Advisers LLC increased its position in iShares Select Dividend ETF by 194,486.4% during the fourth 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 last quarter. Raymond James Financial Inc. purchased a new position in iShares Select Dividend ETF in the fourth quarter worth about $156,322,000. Miller Howard Investments Inc. NY grew its stake 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 purchasing an additional 392,667 shares during the period. JPMorgan Chase & Co. increased its position in shares of iShares Select Dividend ETF by 22.8% during the 4th quarter. JPMorgan Chase & Co. now owns 1,695,199 shares of the company’s stock valued at $222,563,000 after purchasing an additional 314,358 shares during the last quarter. Finally, Moment Partners LLC bought a new position in shares of iShares Select Dividend ETF in the 4th quarter worth approximately $34,741,000. Hedge funds and other institutional investors own 46.08% of the company’s stock.

iShares Select Dividend ETF Trading Up 0.5 %

DVY opened at $134.86 on Thursday. iShares Select Dividend ETF has a 12-month low of $115.43 and a 12-month high of $144.09. The company has a market cap of $20.07 billion, a price-to-earnings ratio of 15.96 and a beta of 0.87. The company’s 50 day moving average is $134.67 and its 200 day moving average is $135.15.

iShares Select Dividend ETF Cuts Dividend

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