Perryman Financial Advisory Inc. AD Invests $1.87 Million in iShares Select Dividend ETF $DVY

Perryman Financial Advisory Inc. AD bought a new position in iShares Select Dividend ETF (NASDAQ:DVY) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 13,244 shares of the company’s stock, valued at approximately $1,869,000.

Other large investors have also made changes to their positions in the company. HighTower Advisors LLC raised its position in shares of iShares Select Dividend ETF by 5.2% in the 3rd quarter. HighTower Advisors LLC now owns 329,839 shares of the company’s stock worth $46,870,000 after buying an additional 16,296 shares during the period. Advisory Services Network LLC raised its position in shares of iShares Select Dividend ETF by 11.8% in the 3rd quarter. Advisory Services Network LLC now owns 128,690 shares of the company’s stock worth $18,287,000 after buying an additional 13,536 shares during the period. Caprock Group LLC purchased a new position in shares of iShares Select Dividend ETF in the 3rd quarter worth $459,000. American Wealth Advisors LLC purchased a new position in shares of iShares Select Dividend ETF in the 3rd quarter worth $1,884,000. Finally, CIBC Bancorp USA Inc. purchased a new position in shares of iShares Select Dividend ETF in the 3rd quarter worth $8,718,000. 46.08% of the stock is owned by hedge funds and other institutional investors.

iShares Select Dividend ETF Stock Performance

Shares of DVY opened at $158.84 on Monday. The firm has a market capitalization of $23.37 billion, a P/E ratio of 13.69 and a beta of 0.66. The stock’s fifty day simple moving average is $153.55 and its 200 day simple moving average is $150.22. iShares Select Dividend ETF has a twelve month low of $129.36 and a twelve month high of $160.38.

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. The Index consists of 100 of the highest dividend-yielding securities (excluding real estate investment trusts (REITs) in the Dow Jones U.S.