Chancellor Financial Group WB LP Makes New $444,000 Investment in iShares Select Dividend ETF (NASDAQ:DVY)

Chancellor Financial Group WB LP acquired a new stake in shares of iShares Select Dividend ETF (NASDAQ:DVY) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 3,382 shares of the company’s stock, valued at approximately $444,000.

Several other large investors have also recently modified their holdings of the stock. Richardson Financial Services Inc. grew its position in iShares Select Dividend ETF by 17.9% during the fourth quarter. Richardson Financial Services Inc. now owns 494 shares of the company’s stock valued at $65,000 after buying an additional 75 shares during the period. Cornerstone Advisory LLC boosted its holdings in shares of iShares Select Dividend ETF by 3.1% during the 4th quarter. Cornerstone Advisory LLC now owns 2,516 shares of the company’s stock valued at $341,000 after purchasing an additional 76 shares during the last quarter. Unionview LLC grew its holdings in iShares Select Dividend ETF by 0.7% during the 4th quarter. Unionview LLC now owns 11,234 shares of the company’s stock valued at $1,475,000 after buying an additional 83 shares in the last quarter. NorthCrest Asset Manangement LLC grew its stake in shares of iShares Select Dividend ETF by 0.7% in the 4th quarter. NorthCrest Asset Manangement LLC now owns 11,978 shares of the company’s stock worth $1,573,000 after buying an additional 83 shares in the last quarter. Finally, Apollon Financial LLC increased its position in shares of iShares Select Dividend ETF by 1.2% during the 4th quarter. Apollon Financial LLC now owns 7,713 shares of the company’s stock valued at $1,013,000 after purchasing an additional 90 shares during the last quarter. Hedge funds and other institutional investors own 46.08% of the company’s stock.

iShares Select Dividend ETF Stock Up 1.4%

Shares of NASDAQ:DVY opened at $132.13 on Wednesday. iShares Select Dividend ETF has a 52-week low of $115.94 and a 52-week high of $144.09. The business’s 50 day moving average is $128.85 and its 200 day moving average is $133.12. The stock has a market cap of $19.54 billion, a P/E ratio of 15.12 and a beta of 0.87.

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 given a dividend of $1.0495 per share. The ex-dividend date of this dividend was Tuesday, March 18th.

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.