Private Advisor Group LLC Has $50.42 Million Stake in iShares Select Dividend ETF (NASDAQ:DVY)

Private Advisor Group LLC boosted its stake in shares of iShares Select Dividend ETF (NASDAQ:DVYFree Report) by 94.0% during the 4th quarter, Holdings Channel reports. The institutional investor owned 384,003 shares of the company’s stock after buying an additional 186,055 shares during the quarter. Private Advisor Group LLC’s holdings in iShares Select Dividend ETF were worth $50,416,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. JPMorgan Chase & Co. lifted its holdings in iShares Select Dividend ETF by 0.5% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,380,841 shares of the company’s stock worth $186,510,000 after buying an additional 7,012 shares during the period. Sequoia Financial Advisors LLC lifted its holdings in iShares Select Dividend ETF by 2.2% during the 3rd quarter. Sequoia Financial Advisors LLC now owns 47,836 shares of the company’s stock worth $6,461,000 after buying an additional 1,041 shares during the period. ORG Partners LLC lifted its holdings in iShares Select Dividend ETF by 331.9% during the 4th quarter. ORG Partners LLC now owns 488 shares of the company’s stock worth $64,000 after buying an additional 375 shares during the period. Regatta Capital Group LLC lifted its holdings in iShares Select Dividend ETF by 6.7% during the 4th quarter. Regatta Capital Group LLC now owns 3,965 shares of the company’s stock worth $521,000 after buying an additional 250 shares during the period. Finally, Fulton Bank N.A. lifted its holdings in iShares Select Dividend ETF by 20.4% during the 4th quarter. Fulton Bank N.A. now owns 26,935 shares of the company’s stock worth $3,536,000 after buying an additional 4,568 shares during the period. 46.08% of the stock is owned by institutional investors and hedge funds.

iShares Select Dividend ETF Trading Up 1.0 %

Shares of DVY opened at $137.09 on Wednesday. The company has a market capitalization of $20.38 billion, a PE ratio of 13.25 and a beta of 0.87. iShares Select Dividend ETF has a 12 month low of $114.88 and a 12 month high of $144.09. The stock’s 50-day moving average price is $133.52 and its two-hundred day moving average price is $134.22.

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 issued a dividend of $1.3164 per share. The ex-dividend date was Tuesday, December 17th.

iShares Select Dividend ETF 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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