Moss Adams Wealth Advisors LLC Has $396,000 Stock Holdings in iShares Select Dividend ETF (NASDAQ:DVY)

Moss Adams Wealth Advisors LLC grew its stake in iShares Select Dividend ETF (NASDAQ:DVY) by 33.7% in the 4th quarter, Holdings Channel.com reports. The fund owned 3,013 shares of the company’s stock after purchasing an additional 760 shares during the quarter. Moss Adams Wealth Advisors LLC’s holdings in iShares Select Dividend ETF were worth $396,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Banque Cantonale Vaudoise boosted its position in iShares Select Dividend ETF by 10.1% during the third 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 stake in shares of iShares Select Dividend ETF by 33.3% during the 3rd quarter. JDM Financial Group LLC now owns 300 shares of the company’s stock worth $41,000 after purchasing an additional 75 shares in the last quarter. Unionview LLC boosted its holdings in shares of iShares Select Dividend ETF by 0.7% in the 3rd quarter. Unionview LLC now owns 11,151 shares of the company’s stock valued at $1,506,000 after buying an additional 76 shares during the last quarter. CMG Global Holdings LLC grew its stake in shares of iShares Select Dividend ETF by 0.5% in the third 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 in the last quarter. Finally, Pathway Financial Advisers LLC increased its holdings in iShares Select Dividend ETF by 1.4% during the second quarter. Pathway Financial Advisers LLC now owns 6,137 shares of the company’s stock worth $740,000 after buying an additional 84 shares during the last quarter. Institutional investors and hedge funds own 46.08% of the company’s stock.

iShares Select Dividend ETF Trading Up 0.7 %

NASDAQ DVY opened at $134.80 on Friday. The firm has a market capitalization of $20.47 billion, a P/E ratio of 13.25 and a beta of 0.87. The firm’s fifty day moving average price is $135.84 and its two-hundred day moving average price is $132.81. iShares Select Dividend ETF has a 1 year low of $112.42 and a 1 year high of $144.09.

iShares Select Dividend ETF Cuts Dividend

The company 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 of this dividend 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.