Brown Advisory Inc. Acquires 296 Shares of iShares Select Dividend ETF (NASDAQ:DVY)

Brown Advisory Inc. raised its holdings in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 0.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 42,182 shares of the company’s stock after purchasing an additional 296 shares during the quarter. Brown Advisory Inc.’s holdings in iShares Select Dividend ETF were worth $4,945,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also bought and sold shares of DVY. Halbert Hargrove Global Advisors LLC lifted its holdings in shares of iShares Select Dividend ETF by 2.1% in the 4th quarter. Halbert Hargrove Global Advisors LLC now owns 4,376 shares of the company’s stock worth $513,000 after acquiring an additional 88 shares during the last quarter. Sunbelt Securities Inc. lifted its holdings in shares of iShares Select Dividend ETF by 0.6% in the 3rd quarter. Sunbelt Securities Inc. now owns 16,069 shares of the company’s stock worth $1,730,000 after acquiring an additional 96 shares during the last quarter. Access Financial Services Inc. lifted its holdings in shares of iShares Select Dividend ETF by 0.5% in the 4th quarter. Access Financial Services Inc. now owns 19,382 shares of the company’s stock worth $2,272,000 after acquiring an additional 96 shares during the last quarter. Patriot Financial Group Insurance Agency LLC lifted its holdings in shares of iShares Select Dividend ETF by 3.9% in the 4th quarter. Patriot Financial Group Insurance Agency LLC now owns 2,540 shares of the company’s stock worth $298,000 after acquiring an additional 96 shares during the last quarter. Finally, Dynamic Advisor Solutions LLC lifted its holdings in shares of iShares Select Dividend ETF by 1.7% in the 4th quarter. Dynamic Advisor Solutions LLC now owns 6,312 shares of the company’s stock worth $745,000 after acquiring an additional 106 shares during the last quarter. Institutional investors own 46.08% of the company’s stock.

iShares Select Dividend ETF Trading Down 0.8 %

iShares Select Dividend ETF stock opened at $124.47 on Thursday. The firm has a 50-day moving average price of $121.21 and a 200-day moving average price of $117.06. The firm has a market capitalization of $18.91 billion, a PE ratio of 13.25 and a beta of 0.87. iShares Select Dividend ETF has a 12-month low of $102.66 and a 12-month high of $125.99.

iShares Select Dividend ETF Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, March 27th. Investors of record on Friday, March 22nd were paid a $0.9976 dividend. This represents a $3.99 annualized dividend and a yield of 3.21%. The ex-dividend date of this dividend was Thursday, March 21st.

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.