iShares Select Dividend ETF (NASDAQ:DVY) Stock Position Lifted by Avior Wealth Management LLC

Avior Wealth Management LLC lifted its stake in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 3.6% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 5,804 shares of the company’s stock after purchasing an additional 200 shares during the quarter. Avior Wealth Management LLC’s holdings in iShares Select Dividend ETF were worth $762,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of DVY. Evergreen Capital Management LLC bought a new stake in shares of iShares Select Dividend ETF in the 2nd quarter worth $236,000. Daymark Wealth Partners LLC grew its holdings in iShares Select Dividend ETF by 153.2% during the second quarter. Daymark Wealth Partners LLC now owns 6,588 shares of the company’s stock worth $797,000 after acquiring an additional 3,986 shares during the period. Raab & Moskowitz Asset Management LLC raised its position in iShares Select Dividend ETF by 23.0% in the second quarter. Raab & Moskowitz Asset Management LLC now owns 42,844 shares of the company’s stock worth $5,183,000 after acquiring an additional 8,020 shares in the last quarter. Silver Lake Advisory LLC acquired a new stake in iShares Select Dividend ETF in the 2nd quarter valued at about $275,000. Finally, NewEdge Advisors LLC boosted its position in shares of iShares Select Dividend ETF by 5.6% during the 2nd quarter. NewEdge Advisors LLC now owns 75,747 shares of the company’s stock valued at $9,164,000 after purchasing an additional 4,031 shares in the last quarter. Institutional investors own 46.08% of the company’s stock.

iShares Select Dividend ETF Price Performance

NASDAQ DVY opened at $135.10 on Friday. iShares Select Dividend ETF has a 12 month low of $112.42 and a 12 month high of $144.09. The company has a market capitalization of $20.24 billion, a P/E ratio of 13.25 and a beta of 0.87. The company’s 50 day simple moving average is $135.50 and its 200 day simple moving average is $133.23.

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 $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.