iShares Select Dividend ETF (NASDAQ:DVY) Position Increased by Sheaff Brock Investment Advisors LLC

Sheaff Brock Investment Advisors LLC grew its holdings in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 22.4% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 6,559 shares of the company’s stock after purchasing an additional 1,201 shares during the period. Sheaff Brock Investment Advisors LLC’s holdings in iShares Select Dividend ETF were worth $769,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of DVY. AMG National Trust Bank increased its position in iShares Select Dividend ETF by 6.1% in the fourth quarter. AMG National Trust Bank now owns 278,393 shares of the company’s stock worth $32,633,000 after buying an additional 15,899 shares during the period. Brown Advisory Inc. lifted its position in iShares Select Dividend ETF by 0.7% in the 4th quarter. Brown Advisory Inc. now owns 42,182 shares of the company’s stock valued at $4,945,000 after purchasing an additional 296 shares during the last quarter. Level Four Advisory Services LLC boosted its stake in iShares Select Dividend ETF by 10.7% during the 4th quarter. Level Four Advisory Services LLC now owns 13,983 shares of the company’s stock valued at $1,639,000 after purchasing an additional 1,348 shares during the period. Stelac Advisory Services LLC grew its position in iShares Select Dividend ETF by 7.5% in the 4th quarter. Stelac Advisory Services LLC now owns 42,126 shares of the company’s stock worth $4,937,000 after purchasing an additional 2,956 shares during the last quarter. Finally, Haverford Trust Co increased its stake in shares of iShares Select Dividend ETF by 4.1% in the fourth quarter. Haverford Trust Co now owns 23,081 shares of the company’s stock valued at $2,706,000 after purchasing an additional 903 shares during the period. 46.08% of the stock is currently owned by institutional investors.

iShares Select Dividend ETF Stock Performance

Shares of DVY traded up $0.22 during mid-day trading on Friday, reaching $125.75. 288,503 shares of the company’s stock traded hands, compared to its average volume of 547,916. The business’s 50-day moving average price is $120.91 and its 200-day moving average price is $116.69. The stock has a market capitalization of $19.11 billion, a P/E ratio of 13.25 and a beta of 0.87. iShares Select Dividend ETF has a 12 month low of $102.66 and a 12 month high of $125.99.

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. This represents a $3.99 annualized dividend and a yield of 3.17%. The ex-dividend date was Thursday, March 21st.

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.