Wealthfront Advisers LLC Boosts Position in iShares Select Dividend ETF (NASDAQ:DVY)

Wealthfront Advisers LLC grew its holdings in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 194,486.4% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 24,488,697 shares of the company’s stock after buying an additional 24,476,112 shares during the period. iShares Select Dividend ETF makes up 2.6% of Wealthfront Advisers LLC’s investment portfolio, making the stock its 9th largest holding. Wealthfront Advisers LLC owned about 0.16% of iShares Select Dividend ETF worth $3,215,121,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of DVY. JPMorgan Chase & Co. grew its stake in shares of iShares Select Dividend ETF by 0.5% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,380,841 shares of the company’s stock worth $186,510,000 after acquiring an additional 7,012 shares during the period. ORG Partners LLC raised its holdings in shares of iShares Select Dividend ETF by 331.9% during the 4th quarter. ORG Partners LLC now owns 488 shares of the company’s stock valued at $64,000 after buying an additional 375 shares in the last quarter. Regatta Capital Group LLC raised its holdings in shares of iShares Select Dividend ETF by 6.7% during the 4th quarter. Regatta Capital Group LLC now owns 3,965 shares of the company’s stock valued at $521,000 after buying an additional 250 shares in the last quarter. Fulton Bank N.A. increased its stake in iShares Select Dividend ETF by 20.4% in the 4th quarter. Fulton Bank N.A. now owns 26,935 shares of the company’s stock worth $3,536,000 after purchasing an additional 4,568 shares during the period. Finally, Private Trust Co. NA grew its position in shares of iShares Select Dividend ETF by 1.5% in the 4th quarter. Private Trust Co. NA now owns 8,136 shares of the company’s stock worth $1,068,000 after buying an additional 121 shares during the last quarter. 46.08% of the stock is owned by institutional investors and hedge funds.

iShares Select Dividend ETF Stock Down 0.7 %

NASDAQ DVY opened at $133.39 on Tuesday. iShares Select Dividend ETF has a twelve month low of $115.43 and a twelve month high of $144.09. The firm has a market capitalization of $19.83 billion, a PE ratio of 16.35 and a beta of 0.87. The stock’s 50 day moving average is $134.27 and its 200 day moving average is $135.11.

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 paid a $1.3164 dividend. The ex-dividend date was Tuesday, December 17th.

iShares Select Dividend ETF Company 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.