Valeo Financial Advisors LLC Has $2.60 Million Holdings in iShares Select Dividend ETF (NASDAQ:DVY)

Valeo Financial Advisors LLC grew its holdings in iShares Select Dividend ETF (NASDAQ:DVY) by 1.7% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 19,815 shares of the company’s stock after acquiring an additional 330 shares during the period. Valeo Financial Advisors LLC’s holdings in iShares Select Dividend ETF were worth $2,602,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Banque Cantonale Vaudoise lifted its holdings in iShares Select Dividend ETF by 10.1% during the 3rd quarter. Banque Cantonale Vaudoise now owns 798 shares of the company’s stock valued at $108,000 after purchasing an additional 73 shares during the last quarter. JDM Financial Group LLC raised its position in shares of iShares Select Dividend ETF by 33.3% in the third 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. Richardson Financial Services Inc. lifted its stake in shares of iShares Select Dividend ETF by 17.9% during the 4th quarter. Richardson Financial Services Inc. now owns 494 shares of the company’s stock worth $65,000 after buying an additional 75 shares during the last quarter. Unionview LLC boosted its holdings in shares of iShares Select Dividend ETF by 0.7% during the 3rd quarter. Unionview LLC now owns 11,151 shares of the company’s stock worth $1,506,000 after buying an additional 76 shares during the period. Finally, CMG Global Holdings LLC grew its stake in iShares Select Dividend ETF by 0.5% in the 3rd quarter. CMG Global Holdings LLC now owns 17,284 shares of the company’s stock valued at $2,335,000 after buying an additional 80 shares during the last quarter. 46.08% of the stock is currently owned by institutional investors.

iShares Select Dividend ETF Stock Down 0.0 %

Shares of DVY stock opened at $135.71 on Friday. iShares Select Dividend ETF has a 12-month low of $114.37 and a 12-month high of $144.09. The company has a market capitalization of $20.17 billion, a PE ratio of 13.25 and a beta of 0.87. The firm has a 50 day moving average price of $133.58 and a two-hundred day moving average price of $134.12.

iShares Select Dividend ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Friday, December 20th. Investors of record on Tuesday, December 17th were issued a dividend of $1.3164 per share. The ex-dividend date was Tuesday, December 17th.

About iShares Select Dividend ETF

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.