Eagle Strategies LLC Buys 869 Shares of iShares Select Dividend ETF (NASDAQ:DVY)

Eagle Strategies LLC increased its stake in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 7.8% in the 4th quarter, Holdings Channel reports. The firm owned 11,942 shares of the company’s stock after buying an additional 869 shares during the period. Eagle Strategies LLC’s holdings in iShares Select Dividend ETF were worth $1,400,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently made changes to their positions in DVY. Nelson Van Denburg & Campbell Wealth Management Group LLC increased its stake in iShares Select Dividend ETF by 1.2% in the first quarter. Nelson Van Denburg & Campbell Wealth Management Group LLC now owns 6,854 shares of the company’s stock worth $878,000 after purchasing an additional 81 shares during the period. Halbert Hargrove Global Advisors LLC raised its position in shares of iShares Select Dividend ETF by 2.1% during the 4th quarter. Halbert Hargrove Global Advisors LLC now owns 4,376 shares of the company’s stock valued at $513,000 after buying an additional 88 shares during the period. Financial Advocates Investment Management increased its holdings in iShares Select Dividend ETF by 0.7% in the 4th quarter. Financial Advocates Investment Management now owns 14,216 shares of the company’s stock valued at $1,714,000 after purchasing an additional 93 shares during the last quarter. JNBA Financial Advisors boosted its holdings in iShares Select Dividend ETF by 26.6% in the third quarter. JNBA Financial Advisors now owns 448 shares of the company’s stock valued at $48,000 after purchasing an additional 94 shares during the period. Finally, Sunbelt Securities Inc. raised its position in shares of iShares Select Dividend ETF by 0.6% during the 3rd quarter. Sunbelt Securities Inc. now owns 16,069 shares of the company’s stock worth $1,730,000 after acquiring an additional 96 shares in the last quarter. Hedge funds and other institutional investors own 46.08% of the company’s stock.

iShares Select Dividend ETF Stock Down 2.3 %

NASDAQ:DVY traded down $2.85 during midday trading on Wednesday, reaching $119.39. The stock had a trading volume of 629,513 shares, compared to its average volume of 578,073. The firm has a fifty day simple moving average of $118.09 and a two-hundred day simple moving average of $113.86. The stock has a market cap of $18.33 billion, a P/E ratio of 11.69 and a beta of 0.87. iShares Select Dividend ETF has a 12-month low of $102.66 and a 12-month high of $123.43.

iShares Select Dividend ETF Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, March 27th. Stockholders of record on Friday, March 22nd were issued a dividend of $0.9976 per share. This represents a $3.99 annualized dividend and a dividend yield of 3.34%. The ex-dividend date was Thursday, March 21st.

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.