Schnieders Capital Management LLC Has $714,000 Holdings in iShares Select Dividend ETF (NASDAQ:DVY)

Schnieders Capital Management LLC lifted its holdings in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 59.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 6,089 shares of the company’s stock after purchasing an additional 2,265 shares during the period. Schnieders Capital Management LLC’s holdings in iShares Select Dividend ETF were worth $714,000 as of its most recent filing with the SEC.

A number of other hedge funds also recently modified their holdings of DVY. Halbert Hargrove Global Advisors LLC lifted its stake 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 in the last quarter. JNBA Financial Advisors lifted its stake in iShares Select Dividend ETF by 26.6% in the 3rd quarter. JNBA Financial Advisors now owns 448 shares of the company’s stock worth $48,000 after purchasing an additional 94 shares in the last quarter. Sunbelt Securities Inc. lifted its stake in iShares Select Dividend ETF by 0.6% in the 3rd quarter. Sunbelt Securities Inc. now owns 16,069 shares of the company’s stock worth $1,730,000 after purchasing an additional 96 shares in the last quarter. Access Financial Services Inc. lifted its stake in iShares Select Dividend ETF by 0.5% in the 4th quarter. Access Financial Services Inc. now owns 19,382 shares of the company’s stock worth $2,272,000 after purchasing an additional 96 shares in the last quarter. Finally, Patriot Financial Group Insurance Agency LLC lifted its stake in iShares Select Dividend ETF by 3.9% in the 4th quarter. Patriot Financial Group Insurance Agency LLC now owns 2,540 shares of the company’s stock worth $298,000 after purchasing an additional 96 shares in the last quarter. Institutional investors and hedge funds own 46.08% of the company’s stock.

iShares Select Dividend ETF Stock Performance

Shares of DVY stock traded up $0.55 on Tuesday, hitting $120.22. 841,804 shares of the company’s stock traded hands, compared to its average volume of 581,291. iShares Select Dividend ETF has a one year low of $102.66 and a one year high of $123.43. The company’s fifty day simple moving average is $118.80 and its 200 day simple moving average is $114.66. The stock has a market capitalization of $18.32 billion, a price-to-earnings ratio of 12.98 and a beta of 0.87.

iShares Select Dividend ETF Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, March 27th. Stockholders of record on Friday, March 22nd were given a $0.9976 dividend. The ex-dividend date was Thursday, March 21st. This represents a $3.99 annualized dividend and a dividend yield of 3.32%.

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.