Resolute Wealth Strategies LLC Grows Stock Holdings in iShares Select Dividend ETF (NASDAQ:DVY)

Resolute Wealth Strategies LLC grew its holdings in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 2.0% during the fourth quarter, HoldingsChannel reports. The firm owned 6,445 shares of the company’s stock after purchasing an additional 129 shares during the quarter. Resolute Wealth Strategies LLC’s holdings in iShares Select Dividend ETF were worth $755,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in the business. Halbert Hargrove Global Advisors LLC raised its position in iShares Select Dividend ETF by 2.1% in the fourth quarter. Halbert Hargrove Global Advisors LLC now owns 4,376 shares of the company’s stock valued at $513,000 after purchasing an additional 88 shares during the period. JNBA Financial Advisors increased its stake in shares of iShares Select Dividend ETF by 26.6% in the third quarter. JNBA Financial Advisors now owns 448 shares of the company’s stock worth $48,000 after buying an additional 94 shares during the last quarter. Sunbelt Securities Inc. increased its stake in shares of iShares Select Dividend ETF by 0.6% in the third quarter. Sunbelt Securities Inc. now owns 16,069 shares of the company’s stock worth $1,730,000 after buying an additional 96 shares during the last quarter. Access Financial Services Inc. raised its holdings in iShares Select Dividend ETF by 0.5% in the fourth quarter. Access Financial Services Inc. now owns 19,382 shares of the company’s stock valued at $2,272,000 after acquiring an additional 96 shares in the last quarter. Finally, Patriot Financial Group Insurance Agency LLC boosted its stake in iShares Select Dividend ETF by 3.9% during the 4th quarter. Patriot Financial Group Insurance Agency LLC now owns 2,540 shares of the company’s stock valued at $298,000 after acquiring an additional 96 shares during the last quarter. Institutional investors and hedge funds own 46.08% of the company’s stock.

iShares Select Dividend ETF Stock Performance

Shares of iShares Select Dividend ETF stock traded up $0.56 during trading on Friday, reaching $121.24. The company had a trading volume of 357,588 shares, compared to its average volume of 563,234. The company has a market cap of $18.39 billion, a price-to-earnings ratio of 13.25 and a beta of 0.68. iShares Select Dividend ETF has a fifty-two week low of $102.66 and a fifty-two week high of $123.43. The firm’s fifty day moving average is $119.56 and its 200-day moving average is $115.29.

iShares Select Dividend ETF Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, March 27th. Shareholders of record on Friday, March 22nd were paid a dividend of $0.9976 per share. The ex-dividend date was Thursday, March 21st. This represents a $3.99 annualized dividend and a yield of 3.29%.

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.