Wealthspire Advisors LLC Has $8.05 Million Stock Holdings in iShares Select Dividend ETF (NASDAQ:DVY)

Wealthspire Advisors LLC lowered its position in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 1.6% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 68,673 shares of the company’s stock after selling 1,083 shares during the quarter. Wealthspire Advisors LLC’s holdings in iShares Select Dividend ETF were worth $8,050,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in DVY. International Assets Investment Management LLC raised its holdings in shares of iShares Select Dividend ETF by 12,638.3% in the fourth quarter. International Assets Investment Management LLC now owns 2,407,409 shares of the company’s stock valued at $282,196,000 after buying an additional 2,388,510 shares during the last quarter. Comerica Bank bought a new position in shares of iShares Select Dividend ETF in the third quarter worth about $61,160,000. Miller Howard Investments Inc. NY lifted its position in shares of iShares Select Dividend ETF by 110.0% during the fourth quarter. Miller Howard Investments Inc. NY now owns 403,081 shares of the company’s stock worth $47,249,000 after purchasing an additional 211,112 shares in the last quarter. Charles Schwab Investment Management Inc. grew its stake in shares of iShares Select Dividend ETF by 244.8% during the third quarter. Charles Schwab Investment Management Inc. now owns 171,206 shares of the company’s stock valued at $18,429,000 after purchasing an additional 121,551 shares during the last quarter. Finally, Northern Trust Corp increased its holdings in shares of iShares Select Dividend ETF by 3.0% in the third quarter. Northern Trust Corp now owns 3,446,617 shares of the company’s stock valued at $370,994,000 after purchasing an additional 101,996 shares in the last quarter. 46.08% of the stock is currently owned by institutional investors and hedge funds.

iShares Select Dividend ETF Stock Up 0.9 %

DVY stock traded up $1.14 during trading on Thursday, hitting $124.04. The company had a trading volume of 521,819 shares, compared to its average volume of 553,310. The firm has a 50-day moving average price of $120.11 and a 200-day moving average price of $115.73. iShares Select Dividend ETF has a 12 month low of $102.66 and a 12 month high of $124.06. The stock has a market cap of $18.85 billion, a price-to-earnings ratio of 13.25 and a beta of 0.87.

iShares Select Dividend ETF Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, March 27th. Stockholders of record on Friday, March 22nd were given a dividend of $0.9976 per share. The ex-dividend date was Thursday, March 21st. This represents a $3.99 dividend on an annualized basis and a dividend yield of 3.22%.

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.