Beacon Financial Advisory LLC Grows Stake in iShares Select Dividend ETF (NASDAQ:DVY)

Beacon Financial Advisory LLC grew its stake in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 3.3% in the fourth quarter, Holdings Channel reports. The fund owned 8,000 shares of the company’s stock after acquiring an additional 258 shares during the quarter. Beacon Financial Advisory LLC’s holdings in iShares Select Dividend ETF were worth $1,050,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently modified their holdings of the company. Banque Cantonale Vaudoise lifted its holdings in iShares Select Dividend ETF by 10.1% during the third quarter. Banque Cantonale Vaudoise now owns 798 shares of the company’s stock valued at $108,000 after purchasing an additional 73 shares during the last quarter. JDM Financial Group LLC raised its position in shares of iShares Select Dividend ETF by 33.3% in the third quarter. JDM Financial Group LLC now owns 300 shares of the company’s stock valued at $41,000 after purchasing an additional 75 shares during the period. Richardson Financial Services Inc. lifted its stake in shares of iShares Select Dividend ETF by 17.9% during the 4th quarter. Richardson Financial Services Inc. now owns 494 shares of the company’s stock valued at $65,000 after buying an additional 75 shares in the last quarter. Unionview LLC lifted its stake in shares of iShares Select Dividend ETF by 0.7% during the 3rd quarter. Unionview LLC now owns 11,151 shares of the company’s stock valued at $1,506,000 after buying an additional 76 shares in the last quarter. Finally, CMG Global Holdings LLC boosted its holdings in iShares Select Dividend ETF by 0.5% in the 3rd quarter. CMG Global Holdings LLC now owns 17,284 shares of the company’s stock worth $2,335,000 after buying an additional 80 shares during the period. Hedge funds and other institutional investors own 46.08% of the company’s stock.

iShares Select Dividend ETF Price Performance

Shares of DVY stock opened at $134.63 on Thursday. The stock has a market capitalization of $20.04 billion, a price-to-earnings ratio of 13.25 and a beta of 0.87. The company’s fifty day simple moving average is $134.66 and its two-hundred day simple moving average is $133.83. iShares Select Dividend ETF has a 1 year low of $112.42 and a 1 year high of $144.09.

iShares Select Dividend ETF Cuts Dividend

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

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.