iShares Select Dividend ETF (NASDAQ:DVY) Shares Acquired by Steward Partners Investment Advisory LLC

Steward Partners Investment Advisory LLC grew its position in iShares Select Dividend ETF (NASDAQ:DVY) by 0.1% in the 4th quarter, Holdings Channel.com reports. The firm owned 86,020 shares of the company’s stock after buying an additional 104 shares during the period. Steward Partners Investment Advisory LLC’s holdings in iShares Select Dividend ETF were worth $11,294,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also modified their holdings of the company. Forum Financial Management LP acquired a new position in iShares Select Dividend ETF in the 3rd quarter worth approximately $247,000. QRG Capital Management Inc. raised its holdings in shares of iShares Select Dividend ETF by 2.4% during the 3rd quarter. QRG Capital Management Inc. now owns 8,011 shares of the company’s stock valued at $1,082,000 after purchasing an additional 189 shares in the last quarter. United Advisor Group LLC acquired a new stake in shares of iShares Select Dividend ETF in the third quarter worth about $305,000. Arthur M. Cohen & Associates LLC boosted its holdings in shares of iShares Select Dividend ETF by 18.1% during the 3rd quarter. Arthur M. Cohen & Associates LLC now owns 4,922 shares of the company’s stock worth $663,000 after buying an additional 755 shares during the period. Finally, Global Wealth Management Investment Advisory Inc. acquired a new stake in shares of iShares Select Dividend ETF in the third quarter valued at about $219,000. 46.08% of the stock is currently owned by institutional investors.

iShares Select Dividend ETF Stock Down 2.7 %

NASDAQ:DVY opened at $133.72 on Wednesday. The company’s 50-day moving average price is $134.14 and its two-hundred day moving average price is $135.02. iShares Select Dividend ETF has a 12 month low of $115.43 and a 12 month high of $144.09. The firm has a market cap of $19.88 billion, a PE ratio of 16.35 and a beta of 0.87.

iShares Select Dividend ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Friday, December 20th. Stockholders of record on Tuesday, December 17th were given a dividend of $1.3164 per share. The ex-dividend date was Tuesday, December 17th.

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.