NTV Asset Management LLC Acquires 90 Shares of iShares Select Dividend ETF (NASDAQ:DVY)

NTV Asset Management LLC increased its holdings in iShares Select Dividend ETF (NASDAQ:DVY) by 0.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 115,884 shares of the company’s stock after acquiring an additional 90 shares during the period. iShares Select Dividend ETF comprises about 2.3% of NTV Asset Management LLC’s holdings, making the stock its 7th largest holding. NTV Asset Management LLC’s holdings in iShares Select Dividend ETF were worth $13,584,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of the business. Halbert Hargrove Global Advisors LLC grew its holdings in shares of iShares Select Dividend ETF by 2.1% during the 4th quarter. Halbert Hargrove Global Advisors LLC now owns 4,376 shares of the company’s stock valued at $513,000 after acquiring an additional 88 shares in the last quarter. JNBA Financial Advisors boosted its position in iShares Select Dividend ETF by 26.6% during the third quarter. JNBA Financial Advisors now owns 448 shares of the company’s stock valued at $48,000 after purchasing an additional 94 shares during the last quarter. Sunbelt Securities Inc. grew its stake in iShares Select Dividend ETF by 0.6% in the third quarter. Sunbelt Securities Inc. now owns 16,069 shares of the company’s stock valued at $1,730,000 after purchasing an additional 96 shares in the last quarter. Access Financial Services Inc. increased its position in iShares Select Dividend ETF by 0.5% in the 4th quarter. Access Financial Services Inc. now owns 19,382 shares of the company’s stock worth $2,272,000 after purchasing an additional 96 shares during the last quarter. Finally, Patriot Financial Group Insurance Agency LLC raised its stake in shares of iShares Select Dividend ETF by 3.9% during the 4th quarter. Patriot Financial Group Insurance Agency LLC now owns 2,540 shares of the company’s stock worth $298,000 after purchasing an additional 96 shares in the last quarter. 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 $0.56 during trading on Friday, hitting $121.24. 357,588 shares of the stock traded hands, compared to its average volume of 563,234. The stock has a market cap of $18.42 billion, a P/E ratio of 12.98 and a beta of 0.87. The company has a fifty day moving average price of $119.47 and a two-hundred day moving average price of $115.20. iShares Select Dividend ETF has a twelve month low of $102.66 and a twelve month high of $123.43.

iShares Select Dividend ETF Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, March 27th. Shareholders of record on Friday, March 22nd were paid a $0.9976 dividend. This represents a $3.99 dividend on an annualized basis and a yield of 3.29%. 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.