Scotia Capital Inc. Has $2.61 Million Stock Holdings in iShares Select Dividend ETF (NASDAQ:DVY)

Scotia Capital Inc. decreased its holdings in shares of iShares Select Dividend ETF (NASDAQ:DVYFree Report) by 11.1% in the 4th quarter, HoldingsChannel.com reports. The fund owned 22,262 shares of the company’s stock after selling 2,771 shares during the quarter. Scotia Capital Inc.’s holdings in iShares Select Dividend ETF were worth $2,610,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. TIAA Trust National Association boosted its stake in iShares Select Dividend ETF by 4.7% during the 4th quarter. TIAA Trust National Association now owns 9,725 shares of the company’s stock worth $1,140,000 after acquiring an additional 437 shares during the last quarter. Park Place Capital Corp boosted its position in shares of iShares Select Dividend ETF by 1.6% during the fourth quarter. Park Place Capital Corp now owns 8,397 shares of the company’s stock worth $984,000 after purchasing an additional 129 shares in the last quarter. Ledge Wealth Management Inc. bought a new position in shares of iShares Select Dividend ETF during the fourth quarter worth $202,000. Relyea Zuckerberg Hanson LLC acquired a new position in shares of iShares Select Dividend ETF in the 4th quarter valued at $200,000. Finally, Fonville Wealth Management LLC bought a new stake in shares of iShares Select Dividend ETF in the 4th quarter valued at $518,000. Institutional investors and hedge funds own 46.08% of the company’s stock.

iShares Select Dividend ETF Stock Performance

DVY stock traded up $2.38 during midday trading on Friday, hitting $124.47. 490,015 shares of the company’s stock were exchanged, compared to its average volume of 531,851. iShares Select Dividend ETF has a one year low of $102.66 and a one year high of $125.99. The company has a market cap of $18.91 billion, a PE ratio of 13.25 and a beta of 0.87. The stock’s fifty day moving average price is $121.57 and its 200-day moving average price is $117.82.

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 3.21%. The ex-dividend date was Thursday, March 21st.

iShares Select Dividend ETF Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for iShares Select Dividend ETF (NASDAQ:DVY)

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