iShares Select Dividend ETF (NASDAQ:DVY) is Powell Investment Advisors LLC’s 5th Largest Position


Share on StockTwits

Powell Investment Advisors LLC decreased its stake in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 8.1% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 73,164 shares of the company’s stock after selling 6,479 shares during the period. iShares Select Dividend ETF accounts for 5.4% of Powell Investment Advisors LLC’s portfolio, making the stock its 5th largest position. Powell Investment Advisors LLC’s holdings in iShares Select Dividend ETF were worth $7,037,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently modified their holdings of DVY. RMR Wealth Builders acquired a new stake in iShares Select Dividend ETF during the 2nd quarter worth approximately $35,000. Harel Insurance Investments & Financial Services Ltd. boosted its position in shares of iShares Select Dividend ETF by 650.0% during the 3rd quarter. Harel Insurance Investments & Financial Services Ltd. now owns 750 shares of the company’s stock worth $61,000 after acquiring an additional 650 shares in the last quarter. AdvisorNet Financial Inc increased its stake in iShares Select Dividend ETF by 54.6% in the second quarter. AdvisorNet Financial Inc now owns 767 shares of the company’s stock valued at $62,000 after acquiring an additional 271 shares during the last quarter. Catalyst Private Wealth LLC bought a new position in shares of iShares Select Dividend ETF in the 3rd quarter valued at $82,000. Finally, Marshall Wace LLP acquired a new position in shares of iShares Select Dividend ETF during the 1st quarter worth $108,000.

Shares of NASDAQ DVY opened at $100.80 on Thursday. iShares Select Dividend ETF has a 12 month low of $61.89 and a 12 month high of $107.36. The stock has a 50-day moving average price of $96.03 and a two-hundred day moving average price of $91.41.

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.

Featured Story: Why do companies issue convertible shares?

Want to see what other hedge funds are holding DVY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Select Dividend ETF (NASDAQ:DVY).

Institutional Ownership by Quarter for iShares Select Dividend ETF (NASDAQ:DVY)

Receive News & Ratings for iShares Select Dividend ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Select Dividend ETF and related companies with MarketBeat.com's FREE daily email newsletter.