Guerra Pan Advisors LLC Buys 262 Shares of iShares Select Dividend ETF (NASDAQ:DVY)

Guerra Pan Advisors LLC lifted its position in iShares Select Dividend ETF (NASDAQ:DVY) by 4.7% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 5,846 shares of the company’s stock after acquiring an additional 262 shares during the period. Guerra Pan Advisors LLC’s holdings in iShares Select Dividend ETF were worth $685,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in DVY. Moneta Group Investment Advisors LLC grew its stake in shares of iShares Select Dividend ETF by 107,178.5% during the fourth quarter. Moneta Group Investment Advisors LLC now owns 75,921,028 shares of the company’s stock worth $9,156,076,000 after buying an additional 75,850,258 shares during the last quarter. Morgan Stanley grew its holdings in shares of iShares Select Dividend ETF by 12.1% during the fourth quarter. Morgan Stanley now owns 7,648,470 shares of the company’s stock worth $922,406,000 after purchasing an additional 823,118 shares during the last quarter. Northern Trust Corp increased its stake in shares of iShares Select Dividend ETF by 3.0% in the third quarter. Northern Trust Corp now owns 3,446,617 shares of the company’s stock valued at $370,994,000 after buying an additional 101,996 shares during the period. Royal Bank of Canada raised its holdings in iShares Select Dividend ETF by 2.6% in the 3rd quarter. Royal Bank of Canada now owns 2,579,311 shares of the company’s stock valued at $277,635,000 after buying an additional 64,326 shares during the last quarter. Finally, International Assets Investment Management LLC increased its position in iShares Select Dividend ETF by 12,638.3% in the 4th quarter. International Assets Investment Management LLC now owns 2,407,409 shares of the company’s stock valued at $282,196,000 after acquiring an additional 2,388,510 shares during the period. 46.08% of the stock is owned by institutional investors.

iShares Select Dividend ETF Price Performance

Shares of iShares Select Dividend ETF stock traded down $0.74 during trading on Tuesday, hitting $116.05. The company’s stock had a trading volume of 145,444 shares, compared to its average volume of 580,675. The stock has a market cap of $17.80 billion, a price-to-earnings ratio of 11.69 and a beta of 0.87. iShares Select Dividend ETF has a 52 week low of $102.66 and a 52 week high of $123.43. The stock has a 50-day moving average price of $118.35 and a two-hundred day moving average price of $114.13.

iShares Select Dividend ETF Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, March 27th. Stockholders of record on Friday, March 22nd were paid a $0.9976 dividend. The ex-dividend date of this dividend was Thursday, March 21st. This represents a $3.99 annualized dividend and a dividend yield of 3.44%.

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.