Concurrent Investment Advisors LLC Has $797,000 Stock Position in iShares Select Dividend ETF (NASDAQ:DVY)

Concurrent Investment Advisors LLC raised its holdings in iShares Select Dividend ETF (NASDAQ:DVY) by 17.0% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 6,073 shares of the company’s stock after buying an additional 882 shares during the quarter. Concurrent Investment Advisors LLC’s holdings in iShares Select Dividend ETF were worth $797,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of DVY. Thurston Springer Miller Herd & Titak Inc. boosted its stake in iShares Select Dividend ETF by 340.9% in the 4th 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 in the last quarter. Creative Capital Management Investments LLC acquired a new stake in shares of iShares Select Dividend ETF in the 4th quarter valued at $33,000. Roxbury Financial LLC acquired a new stake in shares of iShares Select Dividend ETF in the 4th quarter valued at $38,000. JDM Financial Group LLC boosted its stake in shares of iShares Select Dividend ETF by 33.3% in 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 in the last quarter. Finally, Weaver Capital Management LLC acquired a new stake in shares of iShares Select Dividend ETF in the 4th quarter valued at $43,000. Institutional investors and hedge funds own 46.08% of the company’s stock.

iShares Select Dividend ETF Stock Down 0.5 %

NASDAQ:DVY opened at $136.69 on Monday. The firm has a market cap of $20.32 billion, a PE ratio of 13.25 and a beta of 0.87. iShares Select Dividend ETF has a 12 month low of $115.02 and a 12 month high of $144.09. The company’s 50-day moving average price is $133.50 and its two-hundred day moving average price is $134.56.

iShares Select Dividend ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Friday, December 20th. Stockholders of record on Tuesday, December 17th were issued a $1.3164 dividend. 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.