RFG Advisory LLC Increases Holdings in iShares Select Dividend ETF (NASDAQ:DVY)

RFG Advisory LLC boosted its stake in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 30.6% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 28,861 shares of the company’s stock after purchasing an additional 6,758 shares during the quarter. RFG Advisory LLC’s holdings in iShares Select Dividend ETF were worth $3,049,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Envestnet Asset Management Inc. raised its position in shares of iShares Select Dividend ETF by 2.8% during the 3rd quarter. Envestnet Asset Management Inc. now owns 1,548,957 shares of the company’s stock valued at $157,916,000 after buying an additional 42,812 shares during the period. Royal Bank of Canada lifted its stake in shares of iShares Select Dividend ETF by 3.8% in the 2nd quarter. Royal Bank of Canada now owns 1,339,505 shares of the company’s stock valued at $133,360,000 after purchasing an additional 48,440 shares during the last quarter. BlackRock Inc. grew its holdings in shares of iShares Select Dividend ETF by 9.1% during the 2nd quarter. BlackRock Inc. now owns 933,222 shares of the company’s stock worth $92,912,000 after purchasing an additional 77,652 shares during the period. Commonwealth Equity Services LLC grew its holdings in shares of iShares Select Dividend ETF by 3.0% during the 3rd quarter. Commonwealth Equity Services LLC now owns 737,775 shares of the company’s stock worth $75,216,000 after purchasing an additional 21,339 shares during the period. Finally, BB&T Corp increased its position in shares of iShares Select Dividend ETF by 0.9% during the 3rd quarter. BB&T Corp now owns 373,075 shares of the company’s stock worth $38,035,000 after purchasing an additional 3,239 shares during the last quarter.

Shares of DVY opened at $106.88 on Wednesday. iShares Select Dividend ETF has a 12-month low of $92.36 and a 12-month high of $107.36. The company’s 50-day moving average price is $105.12 and its 200 day moving average price is $101.88.

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.

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Want to see what other hedge funds are holding DVY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Select Dividend ETF (NASDAQ:DVY).

Institutional Ownership by Quarter for iShares Select Dividend ETF (NASDAQ:DVY)

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