iShares Select Dividend ETF (NASDAQ:DVY) Stock Position Decreased by SRS Capital Advisors Inc.

SRS Capital Advisors Inc. lowered its holdings in iShares Select Dividend ETF (NASDAQ:DVY) by 12.8% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 33,505 shares of the company’s stock after selling 4,934 shares during the period. SRS Capital Advisors Inc.’s holdings in iShares Select Dividend ETF were worth $3,928,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of DVY. GAMMA Investing LLC acquired a new stake in shares of iShares Select Dividend ETF during the 4th quarter worth approximately $27,000. Parkside Financial Bank & Trust grew its stake in iShares Select Dividend ETF by 91.2% during the 4th quarter. Parkside Financial Bank & Trust now owns 390 shares of the company’s stock worth $46,000 after buying an additional 186 shares during the last quarter. JNBA Financial Advisors increased its position in iShares Select Dividend ETF by 26.6% in the third quarter. JNBA Financial Advisors now owns 448 shares of the company’s stock worth $48,000 after buying an additional 94 shares during the period. Fortitude Family Office LLC bought a new stake in iShares Select Dividend ETF in the fourth quarter valued at $57,000. Finally, Financial Connections Group Inc. acquired a new position in shares of iShares Select Dividend ETF during the fourth quarter valued at $58,000. 46.08% of the stock is currently owned by institutional investors and hedge funds.

iShares Select Dividend ETF Stock Performance

Shares of iShares Select Dividend ETF stock traded up $0.51 during trading on Thursday, hitting $120.48. 244,422 shares of the stock were exchanged, compared to its average volume of 563,452. iShares Select Dividend ETF has a 12 month low of $102.66 and a 12 month high of $123.43. The stock’s fifty day moving average is $119.38 and its 200 day moving average is $115.16. The stock has a market cap of $18.32 billion, a PE ratio of 12.98 and a beta of 0.87.

iShares Select Dividend ETF Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, March 27th. Shareholders of record on Friday, March 22nd were given a $0.9976 dividend. This represents a $3.99 annualized dividend and a yield of 3.31%. The ex-dividend date of this dividend was Thursday, March 21st.

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.