Scarborough Advisors LLC Grows Stock Position in iShares Select Dividend ETF (NASDAQ:DVY)

Scarborough Advisors LLC lifted its stake in iShares Select Dividend ETF (NASDAQ:DVY) by 8.4% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 36,056 shares of the company’s stock after acquiring an additional 2,788 shares during the period. Scarborough Advisors LLC’s holdings in iShares Select Dividend ETF were worth $4,734,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in the stock. Thurston Springer Miller Herd & Titak Inc. boosted its stake in iShares Select Dividend ETF by 340.9% during the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 194 shares of the company’s stock valued at $25,000 after buying an additional 150 shares during the period. JDM Financial Group LLC increased its holdings in iShares Select Dividend ETF by 33.3% during the 3rd quarter. JDM Financial Group LLC now owns 300 shares of the company’s stock valued at $41,000 after purchasing an additional 75 shares during the period. Weaver Capital Management LLC purchased a new position in iShares Select Dividend ETF during the 4th quarter valued at about $43,000. Newbridge Financial Services Group Inc. bought a new stake in iShares Select Dividend ETF during the 4th quarter valued at approximately $52,000. Finally, Financial Life Planners bought a new stake in iShares Select Dividend ETF during the 4th quarter valued at approximately $58,000. 46.08% of the stock is owned by institutional investors.

iShares Select Dividend ETF Stock Down 0.0 %

Shares of DVY opened at $135.71 on Friday. The stock has a market cap of $20.17 billion, a P/E ratio of 13.25 and a beta of 0.87. iShares Select Dividend ETF has a 52 week low of $114.37 and a 52 week high of $144.09. The business’s 50 day moving average price is $133.66 and its 200-day moving average price is $134.08.

iShares Select Dividend ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Friday, December 20th. Shareholders of record on Tuesday, December 17th were paid a dividend of $1.3164 per share. The ex-dividend date was Tuesday, December 17th.

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.