iShares Select Dividend ETF $DVY Shares Acquired by Ameritas Advisory Services LLC

Ameritas Advisory Services LLC lifted its position in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 29.7% in the 3rd quarter, Holdings Channel reports. The fund owned 16,665 shares of the company’s stock after buying an additional 3,813 shares during the period. Ameritas Advisory Services LLC’s holdings in iShares Select Dividend ETF were worth $2,368,000 as of its most recent filing with the SEC.

Several other large investors also recently made changes to their positions in DVY. Parvin Asset Management LLC acquired a new stake in iShares Select Dividend ETF in the 2nd quarter valued at approximately $27,000. Financial Gravity Companies Inc. bought a new position in shares of iShares Select Dividend ETF during the 2nd quarter valued at about $29,000. Total Investment Management Inc. bought a new stake in iShares Select Dividend ETF during the second quarter worth approximately $29,000. Kilter Group LLC acquired a new position in shares of iShares Select Dividend ETF in the 2nd quarter worth $31,000. Finally, Qube Research & Technologies Ltd purchased a new position in iShares Select Dividend ETF in the 2nd quarter worth about $34,000. Institutional investors and hedge funds own 46.08% of the company’s stock.

iShares Select Dividend ETF Price Performance

DVY stock opened at $157.93 on Friday. The firm has a market capitalization of $23.03 billion, a P/E ratio of 13.69 and a beta of 0.77. The company’s 50 day simple moving average is $146.79 and its 200-day simple moving average is $142.49. iShares Select Dividend ETF has a 52-week low of $115.94 and a 52-week high of $158.82.

iShares Select Dividend ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, December 19th. Shareholders of record on Tuesday, December 16th were given a dividend of $1.6162 per share. This represents a $6.46 dividend on an annualized basis and a yield of 4.1%. The ex-dividend date was Tuesday, December 16th. This is a boost from iShares Select Dividend ETF’s previous quarterly dividend of $1.25.

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.