National Bank of Canada FI Increases Holdings in iShares Select Dividend ETF (NASDAQ:DVY)

National Bank of Canada FI raised its stake in iShares Select Dividend ETF (NASDAQ:DVY) by 16.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 245,473 shares of the company’s stock after acquiring an additional 34,520 shares during the period. National Bank of Canada FI owned approximately 0.17% of iShares Select Dividend ETF worth $32,228,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Wealthfront Advisers LLC grew its position in 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 purchasing an additional 24,476,112 shares during the last quarter. Raymond James Financial Inc. bought a new stake in shares of iShares Select Dividend ETF during the fourth quarter valued at approximately $156,322,000. Miller Howard Investments Inc. NY raised its holdings in iShares Select Dividend ETF by 369.5% in the 4th quarter. Miller Howard Investments Inc. NY now owns 498,927 shares of the company’s stock worth $65,504,000 after acquiring an additional 392,667 shares during the last quarter. JPMorgan Chase & Co. lifted its position in iShares Select Dividend ETF by 22.8% in the 4th quarter. JPMorgan Chase & Co. now owns 1,695,199 shares of the company’s stock valued at $222,563,000 after acquiring an additional 314,358 shares in the last quarter. Finally, Moment Partners LLC purchased a new stake in iShares Select Dividend ETF during the 4th quarter valued at $34,741,000. 46.08% of the stock is currently owned by institutional investors.

iShares Select Dividend ETF Price Performance

DVY stock opened at $134.86 on Thursday. The stock has a market capitalization of $20.07 billion, a P/E ratio of 15.96 and a beta of 0.87. iShares Select Dividend ETF has a 1-year low of $115.43 and a 1-year high of $144.09. The business has a fifty day moving average price of $134.67 and a 200-day moving average price of $135.15.

iShares Select Dividend ETF Cuts Dividend

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

About iShares Select Dividend ETF

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.