Congress Wealth Management LLC DE Buys 2,954 Shares of iShares Select Dividend ETF (NASDAQ:DVY)

Congress Wealth Management LLC DE lifted its stake in iShares Select Dividend ETF (NASDAQ:DVY) by 2.2% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 138,283 shares of the company’s stock after buying an additional 2,954 shares during the period. Congress Wealth Management LLC DE’s holdings in iShares Select Dividend ETF were worth $18,155,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in DVY. Thurston Springer Miller Herd & Titak Inc. increased its holdings in iShares Select Dividend ETF by 340.9% in the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 194 shares of the company’s stock valued at $25,000 after purchasing an additional 150 shares during the period. Creative Capital Management Investments LLC bought a new position in shares of iShares Select Dividend ETF during the 4th quarter worth about $33,000. Millstone Evans Group LLC bought a new position in shares of iShares Select Dividend ETF during the 4th quarter worth about $36,000. Roxbury Financial LLC bought a new position in shares of iShares Select Dividend ETF during the 4th quarter worth about $38,000. Finally, JDM Financial Group LLC lifted its position in 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 acquiring an additional 75 shares in the last quarter. 46.08% of the stock is currently owned by institutional investors.

iShares Select Dividend ETF Stock Performance

Shares of NASDAQ DVY opened at $132.77 on Monday. iShares Select Dividend ETF has a fifty-two week low of $115.43 and a fifty-two week high of $144.09. The stock has a market cap of $19.74 billion, a price-to-earnings ratio of 15.96 and a beta of 0.87. The firm’s 50-day simple moving average is $134.60 and its 200 day simple moving average is $135.08.

iShares Select Dividend ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Friday, March 21st. Shareholders of record on Tuesday, March 18th were given a dividend of $1.0495 per share. The ex-dividend date of this dividend was Tuesday, March 18th.

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.