CIBC Asset Management Inc Grows Stock Position in iShares Select Dividend ETF (NASDAQ:DVY)

CIBC Asset Management Inc raised its stake in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 2.3% in the second quarter, according to its most recent 13F filing with the SEC. The fund owned 17,275 shares of the company’s stock after buying an additional 390 shares during the period. CIBC Asset Management Inc’s holdings in iShares Select Dividend ETF were worth $1,394,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in DVY. Hemenway Trust Co LLC purchased a new position in shares of iShares Select Dividend ETF in the 2nd quarter valued at about $202,000. Amarillo National Bank increased its stake in shares of iShares Select Dividend ETF by 3.0% in the 2nd quarter. Amarillo National Bank now owns 86,052 shares of the company’s stock valued at $6,946,000 after purchasing an additional 2,495 shares in the last quarter. Alpha Omega Wealth Management LLC purchased a new position in shares of iShares Select Dividend ETF in the 2nd quarter valued at about $219,000. Cambridge Investment Research Advisors Inc. increased its stake in shares of iShares Select Dividend ETF by 0.6% in the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 209,479 shares of the company’s stock valued at $16,909,000 after purchasing an additional 1,275 shares in the last quarter. Finally, SeaCrest Wealth Management LLC increased its stake in shares of iShares Select Dividend ETF by 22.2% in the 2nd quarter. SeaCrest Wealth Management LLC now owns 8,686 shares of the company’s stock valued at $701,000 after purchasing an additional 1,577 shares in the last quarter.

Shares of iShares Select Dividend ETF stock opened at $83.08 on Friday. iShares Select Dividend ETF has a twelve month low of $61.89 and a twelve month high of $107.36. The business has a 50-day moving average price of $81.53 and a 200 day moving average price of $86.25.

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.

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Institutional Ownership by Quarter for iShares Select Dividend ETF (NASDAQ:DVY)

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