PFG Advisors Increases Holdings in iShares Select Dividend ETF (NASDAQ:DVY)

PFG Advisors grew its holdings in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 3.7% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 9,121 shares of the company’s stock after buying an additional 327 shares during the period. PFG Advisors’ holdings in iShares Select Dividend ETF were worth $1,198,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently bought and sold shares of the business. Banque Cantonale Vaudoise lifted its holdings in iShares Select Dividend ETF by 10.1% during the 3rd quarter. Banque Cantonale Vaudoise now owns 798 shares of the company’s stock worth $108,000 after buying an additional 73 shares during the last quarter. JDM Financial Group LLC lifted its holdings in shares of iShares Select Dividend ETF by 33.3% in the 3rd quarter. JDM Financial Group LLC now owns 300 shares of the company’s stock valued at $41,000 after purchasing an additional 75 shares during the last quarter. Richardson Financial Services Inc. lifted its holdings in shares of iShares Select Dividend ETF by 17.9% in the 4th quarter. Richardson Financial Services Inc. now owns 494 shares of the company’s stock valued at $65,000 after purchasing an additional 75 shares during the last quarter. Unionview LLC lifted 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 purchasing an additional 76 shares during the last quarter. Finally, CMG Global Holdings LLC lifted its holdings in shares of iShares Select Dividend ETF by 0.5% in the 3rd quarter. CMG Global Holdings LLC now owns 17,284 shares of the company’s stock valued at $2,335,000 after purchasing an additional 80 shares during the last quarter. 46.08% of the stock is owned by hedge funds and other institutional investors.

iShares Select Dividend ETF Stock Performance

iShares Select Dividend ETF stock opened at $130.62 on Friday. iShares Select Dividend ETF has a fifty-two week low of $115.43 and a fifty-two week high of $144.09. The company has a market capitalization of $19.42 billion, a P/E ratio of 16.35 and a beta of 0.87. The stock has a 50-day simple moving average of $134.26 and a 200-day simple moving average of $135.04.

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.