Ameritas Advisory Services LLC Has $1.71 Million Position in iShares Select Dividend ETF $DVY

Ameritas Advisory Services LLC cut its holdings in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 39.7% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 12,852 shares of the company’s stock after selling 8,466 shares during the quarter. Ameritas Advisory Services LLC’s holdings in iShares Select Dividend ETF were worth $1,707,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in DVY. Brighton Jones LLC increased its holdings in shares of iShares Select Dividend ETF by 14.3% during the 4th quarter. Brighton Jones LLC now owns 12,212 shares of the company’s stock worth $1,603,000 after acquiring an additional 1,524 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. increased its holdings in shares of iShares Select Dividend ETF by 113.4% during the 1st quarter. Thurston Springer Miller Herd & Titak Inc. now owns 414 shares of the company’s stock worth $56,000 after acquiring an additional 220 shares during the last quarter. Breakwater Capital Group grew its holdings in iShares Select Dividend ETF by 16.3% in the 1st quarter. Breakwater Capital Group now owns 3,948 shares of the company’s stock valued at $530,000 after buying an additional 552 shares in the last quarter. Armstrong Fleming & Moore Inc acquired a new position in iShares Select Dividend ETF in the 1st quarter valued at $1,634,000. Finally, Edge Wealth Management LLC grew its holdings in iShares Select Dividend ETF by 8.3% in the 1st quarter. Edge Wealth Management LLC now owns 11,883 shares of the company’s stock valued at $1,596,000 after buying an additional 910 shares in the last quarter. 46.08% of the stock is owned by institutional investors and hedge funds.

iShares Select Dividend ETF Price Performance

Shares of NASDAQ DVY opened at $143.11 on Friday. The stock’s fifty day moving average price is $139.64 and its two-hundred day moving average price is $134.00. iShares Select Dividend ETF has a one year low of $115.94 and a one year high of $144.09. The firm has a market cap of $21.04 billion, a price-to-earnings ratio of 13.69 and a beta of 0.87.

iShares Select Dividend ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 19th. Shareholders of record on Tuesday, September 16th were issued a $1.2465 dividend. The ex-dividend date of this dividend was Tuesday, September 16th. This represents a $4.99 dividend on an annualized basis and a yield of 3.5%. This is a positive change from iShares Select Dividend ETF’s previous quarterly dividend of $1.23.

iShares Select Dividend ETF Company 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.