Welch Group LLC Boosts Stake in iShares Select Dividend ETF (NASDAQ:DVY)

Welch Group LLC raised its position in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 69.5% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,514 shares of the company’s stock after buying an additional 2,260 shares during the quarter. Welch Group LLC’s holdings in iShares Select Dividend ETF were worth $722,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in DVY. International Assets Investment Management LLC boosted its holdings in shares of iShares Select Dividend ETF by 17,525.9% in the 3rd quarter. International Assets Investment Management LLC now owns 4,372,993 shares of the company’s stock worth $590,660,000 after purchasing an additional 4,348,183 shares during the period. Gilman Hill Asset Management LLC boosted its stake in iShares Select Dividend ETF by 1,439.1% during the fourth quarter. Gilman Hill Asset Management LLC now owns 161,377 shares of the company’s stock worth $21,187,000 after buying an additional 150,892 shares during the period. LPL Financial LLC increased its position in iShares Select Dividend ETF by 4.6% during the third quarter. LPL Financial LLC now owns 1,465,825 shares of the company’s stock valued at $197,989,000 after acquiring an additional 64,620 shares during the last quarter. Florin Court Capital LLP raised its stake in shares of iShares Select Dividend ETF by 119.7% in the third quarter. Florin Court Capital LLP now owns 65,700 shares of the company’s stock valued at $8,874,000 after acquiring an additional 35,800 shares during the period. Finally, CX Institutional bought a new stake in shares of iShares Select Dividend ETF in the 3rd quarter worth about $3,719,000. Institutional investors own 46.08% of the company’s stock.

iShares Select Dividend ETF Trading Down 0.4 %

Shares of NASDAQ:DVY opened at $134.25 on Tuesday. iShares Select Dividend ETF has a 12 month low of $112.42 and a 12 month high of $144.09. The company has a market capitalization of $19.98 billion, a price-to-earnings ratio of 13.25 and a beta of 0.87. The firm’s 50-day moving average is $135.03 and its 200 day moving average is $133.73.

iShares Select Dividend ETF Cuts Dividend

The firm also recently declared 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 was Tuesday, December 17th.

iShares Select Dividend ETF Profile

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.