iShares Select Dividend ETF $DVY Shares Acquired by SVB Wealth LLC

SVB Wealth LLC grew its position in iShares Select Dividend ETF (NASDAQ:DVY) by 148.9% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 11,722 shares of the company’s stock after acquiring an additional 7,013 shares during the period. SVB Wealth LLC’s holdings in iShares Select Dividend ETF were worth $1,654,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of the company. Bank of America Corp DE raised its position in shares of 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 worth $1,150,568,000 after acquiring an additional 256,434 shares during the period. JPMorgan Chase & Co. increased its stake in shares of iShares Select Dividend ETF by 1.6% during the third quarter. JPMorgan Chase & Co. now owns 1,549,408 shares of the company’s stock worth $220,171,000 after purchasing an additional 24,718 shares in the last quarter. UBS Group AG increased its stake in shares of iShares Select Dividend ETF by 3.0% during the fourth quarter. UBS Group AG now owns 1,189,865 shares of the company’s stock worth $167,938,000 after purchasing an additional 34,832 shares in the last quarter. Miller Howard Investments Inc. NY increased its stake in shares of iShares Select Dividend ETF by 745.9% during the fourth quarter. Miller Howard Investments Inc. NY now owns 505,689 shares of the company’s stock worth $71,373,000 after purchasing an additional 445,910 shares in the last quarter. Finally, Mariner LLC increased its stake in shares of iShares Select Dividend ETF by 3.4% during the third quarter. Mariner LLC now owns 406,282 shares of the company’s stock worth $57,719,000 after purchasing an additional 13,444 shares in the last quarter. Institutional investors and hedge funds own 46.08% of the company’s stock.

iShares Select Dividend ETF Stock Down 0.0%

DVY stock opened at $152.21 on Tuesday. The stock has a market capitalization of $22.39 billion, a P/E ratio of 13.69 and a beta of 0.67. The firm has a 50-day simple moving average of $151.94 and a 200-day simple moving average of $147.81. iShares Select Dividend ETF has a 52 week low of $128.96 and a 52 week high of $160.38.

iShares Select Dividend ETF Cuts Dividend

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

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