Churchill Financial Advisors LLC Takes Position in iShares Select Dividend ETF $DVY

Churchill Financial Advisors LLC bought a new stake in shares of iShares Select Dividend ETF (NASDAQ:DVY) during the fourth quarter, Holdings Channel.com reports. The fund bought 6,825 shares of the company’s stock, valued at approximately $963,000.

Other large investors have also recently modified their holdings of the company. Elevated Capital Advisors LLC bought a new stake in shares of iShares Select Dividend ETF during the 4th quarter valued at about $26,000. Ransom Advisory Ltd bought a new stake in iShares Select Dividend ETF during the fourth quarter worth about $27,000. Qube Research & Technologies Ltd bought a new stake in iShares Select Dividend ETF during the second quarter worth about $34,000. Headlands Technologies LLC bought a new stake in iShares Select Dividend ETF during the second quarter worth about $38,000. Finally, Arvest Investments Inc. bought a new stake in iShares Select Dividend ETF during the fourth quarter worth about $50,000. Institutional investors own 46.08% of the company’s stock.

iShares Select Dividend ETF Price Performance

NASDAQ:DVY opened at $155.76 on Monday. iShares Select Dividend ETF has a one year low of $128.96 and a one year high of $160.38. The company’s 50-day simple moving average is $151.84 and its 200 day simple moving average is $148.58. The firm has a market capitalization of $22.91 billion, a P/E ratio of 13.69 and a beta of 0.67.

iShares Select Dividend ETF Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 20th. Investors of record on Tuesday, March 17th were paid a dividend of $1.1493 per share. The ex-dividend date of this dividend was Tuesday, March 17th. This represents a $4.60 annualized dividend and a yield of 3.0%.

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. The Index consists of 100 of the highest dividend-yielding securities (excluding real estate investment trusts (REITs) in the Dow Jones U.S.