Schwarz Dygos Wheeler Investment Advisors LLC Raises Stake in iShares Select Dividend ETF (NASDAQ:DVY)

Schwarz Dygos Wheeler Investment Advisors LLC grew its stake in iShares Select Dividend ETF (NASDAQ:DVY) by 2.2% during the 4th quarter, Holdings Channel.com reports. The firm owned 90,134 shares of the company’s stock after acquiring an additional 1,935 shares during the period. iShares Select Dividend ETF accounts for approximately 3.3% of Schwarz Dygos Wheeler Investment Advisors LLC’s investment portfolio, making the stock its 7th biggest holding. Schwarz Dygos Wheeler Investment Advisors LLC’s holdings in iShares Select Dividend ETF were worth $10,566,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. GAMMA Investing LLC bought a new position in iShares Select Dividend ETF during the fourth quarter worth about $27,000. Parkside Financial Bank & Trust increased its position in iShares Select Dividend ETF by 91.2% during the fourth quarter. Parkside Financial Bank & Trust now owns 390 shares of the company’s stock worth $46,000 after acquiring an additional 186 shares during the period. JNBA Financial Advisors increased its position in iShares Select Dividend ETF by 26.6% during the third quarter. JNBA Financial Advisors now owns 448 shares of the company’s stock worth $48,000 after acquiring an additional 94 shares during the period. Fortitude Family Office LLC bought a new position in iShares Select Dividend ETF during the fourth quarter worth about $57,000. Finally, Financial Connections Group Inc. bought a new position in iShares Select Dividend ETF during the fourth quarter worth about $58,000. 46.08% of the stock is owned by institutional investors.

iShares Select Dividend ETF Stock Performance

NASDAQ:DVY traded down $0.42 during mid-day trading on Friday, reaching $119.78. 322,915 shares of the company’s stock were exchanged, compared to its average volume of 573,232. The firm has a market capitalization of $18.20 billion, a PE ratio of 12.98 and a beta of 0.87. iShares Select Dividend ETF has a one year low of $102.66 and a one year high of $123.43. The business’s fifty day simple moving average is $119.11 and its two-hundred day simple moving average is $114.83.

iShares Select Dividend ETF Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, March 27th. Stockholders of record on Friday, March 22nd were paid a $0.9976 dividend. The ex-dividend date was Thursday, March 21st. This represents a $3.99 dividend on an annualized basis and a dividend yield of 3.33%.

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.