MONECO Advisors LLC Acquires Shares of 1,935 iShares Select Dividend ETF (NASDAQ:DVY)

MONECO Advisors LLC acquired a new stake in iShares Select Dividend ETF (NASDAQ:DVY) during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor acquired 1,935 shares of the company’s stock, valued at approximately $254,000.

Several other large investors have also recently added to or reduced their stakes in DVY. Miller Howard Investments Inc. NY increased its stake in iShares Select Dividend ETF by 369.5% in the 4th quarter. Miller Howard Investments Inc. NY now owns 498,927 shares of the company’s stock valued at $65,504,000 after buying an additional 392,667 shares during the period. Private Advisor Group LLC grew its position in iShares Select Dividend ETF by 94.0% in the fourth quarter. Private Advisor Group LLC now owns 384,003 shares of the company’s stock worth $50,416,000 after acquiring an additional 186,055 shares in the last quarter. Gilman Hill Asset Management LLC grew its position in iShares Select Dividend ETF by 1,439.1% in the fourth quarter. Gilman Hill Asset Management LLC now owns 161,377 shares of the company’s stock worth $21,187,000 after acquiring an additional 150,892 shares in the last quarter. LPL Financial LLC grew its position in iShares Select Dividend ETF by 4.6% in the third quarter. LPL Financial LLC now owns 1,465,825 shares of the company’s stock worth $197,989,000 after acquiring an additional 64,620 shares in the last quarter. Finally, Truist Financial Corp grew its position in iShares Select Dividend ETF by 3.9% in the fourth quarter. Truist Financial Corp now owns 1,195,080 shares of the company’s stock worth $156,902,000 after acquiring an additional 44,508 shares in the last quarter. Institutional investors and hedge funds own 46.08% of the company’s stock.

iShares Select Dividend ETF Stock Up 0.1 %

DVY stock opened at $137.10 on Wednesday. The company has a market capitalization of $20.38 billion, a price-to-earnings ratio of 13.25 and a beta of 0.87. iShares Select Dividend ETF has a 12 month low of $115.02 and a 12 month high of $144.09. The firm has a 50 day moving average of $133.59 and a two-hundred day moving average of $134.71.

iShares Select Dividend ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Friday, December 20th. Shareholders of record on Tuesday, December 17th were given 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.