Scarborough Advisors LLC Grows Stake in iShares Select Dividend ETF (NASDAQ:DVY)

Scarborough Advisors LLC raised its holdings in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 8.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 36,056 shares of the company’s stock after buying an additional 2,788 shares during the period. Scarborough Advisors LLC’s holdings in iShares Select Dividend ETF were worth $4,734,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of DVY. Cornerstone Wealth Management LLC raised its stake in iShares Select Dividend ETF by 2.1% in the third quarter. Cornerstone Wealth Management LLC now owns 5,204 shares of the company’s stock worth $703,000 after buying an additional 106 shares in the last quarter. Good Life Advisors LLC grew its holdings in shares of iShares Select Dividend ETF by 98.1% during the third quarter. Good Life Advisors LLC now owns 10,726 shares of the company’s stock valued at $1,448,000 after buying an additional 5,312 shares during the last quarter. Global Retirement Partners LLC grew its holdings in shares of iShares Select Dividend ETF by 12.0% during the third quarter. Global Retirement Partners LLC now owns 4,232 shares of the company’s stock valued at $572,000 after buying an additional 455 shares during the last quarter. Trust Co. of Vermont boosted its holdings in iShares Select Dividend ETF by 5.6% in the third quarter. Trust Co. of Vermont now owns 3,106 shares of the company’s stock valued at $420,000 after purchasing an additional 166 shares during the last quarter. Finally, Bar Harbor Wealth Management boosted its holdings in iShares Select Dividend ETF by 1.3% in the third quarter. Bar Harbor Wealth Management now owns 7,486 shares of the company’s stock valued at $1,011,000 after purchasing an additional 99 shares during the last quarter. Hedge funds and other institutional investors own 46.08% of the company’s stock.

iShares Select Dividend ETF Stock Performance

Shares of iShares Select Dividend ETF stock opened at $135.71 on Friday. The firm has a 50-day simple moving average of $133.66 and a two-hundred day simple moving average of $134.08. The company has a market cap of $20.17 billion, a P/E ratio of 13.25 and a beta of 0.87. iShares Select Dividend ETF has a fifty-two week low of $114.37 and a fifty-two week high of $144.09.

iShares Select Dividend ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Friday, December 20th. Shareholders of record on Tuesday, December 17th were issued a $1.3164 dividend. The ex-dividend date of this dividend was Tuesday, December 17th.

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.