Duncan Williams Asset Management LLC Acquires New Position in iShares Select Dividend ETF (NASDAQ:DVY)

Duncan Williams Asset Management LLC bought a new position in iShares Select Dividend ETF (NASDAQ:DVY) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 1,591 shares of the company’s stock, valued at approximately $209,000.

A number of other institutional investors also recently modified their holdings of DVY. International Assets Investment Management LLC increased its stake in shares of iShares Select Dividend ETF by 17,525.9% during 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 last quarter. Gilman Hill Asset Management LLC increased its position 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 last quarter. LPL Financial LLC raised its holdings 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 buying an additional 64,620 shares in the last quarter. Sanctuary Advisors LLC bought a new position in iShares Select Dividend ETF during the second quarter valued at about $5,769,000. Finally, Florin Court Capital LLP lifted its position 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 worth $8,874,000 after buying an additional 35,800 shares during the last quarter. Institutional investors and hedge funds own 46.08% of the company’s stock.

iShares Select Dividend ETF Stock Performance

Shares of NASDAQ DVY opened at $135.10 on Friday. The business’s 50-day simple moving average is $135.50 and its 200-day simple moving average is $133.23. iShares Select Dividend ETF has a 52 week low of $112.42 and a 52 week high of $144.09. The firm has a market cap of $20.24 billion, a price-to-earnings ratio of 13.25 and a beta of 0.87.

iShares Select Dividend ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Friday, December 20th. Shareholders of record on Tuesday, December 17th were issued a dividend of $1.3164 per share. The ex-dividend date of this dividend 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.