D.A. Davidson & CO. Has $4.49 Million Stock Holdings in iShares Select Dividend ETF $DVY

D.A. Davidson & CO. raised its holdings in iShares Select Dividend ETF (NASDAQ:DVY) by 16.6% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 31,786 shares of the company’s stock after acquiring an additional 4,536 shares during the quarter. D.A. Davidson & CO.’s holdings in iShares Select Dividend ETF were worth $4,486,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in the business. Bank of America Corp DE lifted its stake in iShares Select Dividend ETF by 3.3% in the third quarter. Bank of America Corp DE now owns 8,096,893 shares of the company’s stock valued at $1,150,568,000 after acquiring an additional 256,434 shares during the last quarter. JPMorgan Chase & Co. lifted its stake in iShares Select Dividend ETF by 1.6% in the third quarter. JPMorgan Chase & Co. now owns 1,549,408 shares of the company’s stock valued at $220,171,000 after acquiring an additional 24,718 shares during the last quarter. UBS Group AG raised its position in shares of iShares Select Dividend ETF by 3.0% in the fourth quarter. UBS Group AG now owns 1,189,865 shares of the company’s stock valued at $167,938,000 after purchasing an additional 34,832 shares during the period. Miller Howard Investments Inc. NY raised its position in shares of iShares Select Dividend ETF by 745.9% in the fourth quarter. Miller Howard Investments Inc. NY now owns 505,689 shares of the company’s stock valued at $71,373,000 after purchasing an additional 445,910 shares during the period. Finally, Mariner LLC raised its position in shares of iShares Select Dividend ETF by 3.4% in the third quarter. Mariner LLC now owns 406,282 shares of the company’s stock valued at $57,719,000 after purchasing an additional 13,444 shares during the period. 46.08% of the stock is currently owned by institutional investors and hedge funds.

iShares Select Dividend ETF Stock Down 0.2%

NASDAQ:DVY opened at $153.01 on Thursday. iShares Select Dividend ETF has a 12 month low of $126.22 and a 12 month high of $160.38. The company’s 50 day moving average is $152.26 and its 200-day moving average is $147.22. The firm has a market cap of $22.52 billion, a price-to-earnings ratio of 13.69 and a beta of 0.71.

iShares Select Dividend ETF Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, March 20th. Shareholders of record on Tuesday, March 17th were issued a dividend of $1.1493 per share. This represents a $4.60 dividend on an annualized basis and a yield of 3.0%. The ex-dividend date was Tuesday, March 17th.

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. The Index consists of 100 of the highest dividend-yielding securities (excluding real estate investment trusts (REITs) in the Dow Jones U.S.