Glen Eagle Advisors LLC Acquires 260 Shares of iShares Select Dividend ETF (NASDAQ:DVY)

Glen Eagle Advisors LLC grew its holdings in iShares Select Dividend ETF (NASDAQ:DVY) by 2.4% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 11,107 shares of the company’s stock after purchasing an additional 260 shares during the quarter. Glen Eagle Advisors LLC’s holdings in iShares Select Dividend ETF were worth $1,458,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the business. Transamerica Financial Advisors Inc. purchased a new stake in iShares Select Dividend ETF during the 4th quarter worth approximately $27,000. Creative Capital Management Investments LLC purchased a new stake in iShares Select Dividend ETF during the 4th quarter worth approximately $33,000. Millstone Evans Group LLC purchased a new stake in iShares Select Dividend ETF during the 4th quarter worth approximately $36,000. Roxbury Financial LLC purchased a new stake in iShares Select Dividend ETF during the 4th quarter worth approximately $38,000. Finally, Murphy & Mullick Capital Management Corp purchased a new stake in shares of iShares Select Dividend ETF in the 4th quarter valued at $40,000. Institutional investors own 46.08% of the company’s stock.

iShares Select Dividend ETF Price Performance

DVY stock opened at $133.71 on Wednesday. The firm’s fifty day simple moving average is $129.14 and its 200-day simple moving average is $133.32. The company has a market capitalization of $19.74 billion, a P/E ratio of 15.12 and a beta of 0.79. iShares Select Dividend ETF has a 12 month low of $115.94 and a 12 month high of $144.09.

iShares Select Dividend ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Friday, March 21st. Stockholders of record on Tuesday, March 18th were issued a $1.0495 dividend. The ex-dividend date of this dividend was Tuesday, March 18th.

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.