iShares Select Dividend ETF (NASDAQ:DVY) Shares Bought by NTV Asset Management LLC

NTV Asset Management LLC lifted its position in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 0.1% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 115,884 shares of the company’s stock after purchasing an additional 90 shares during the quarter. iShares Select Dividend ETF accounts for approximately 2.3% of NTV Asset Management LLC’s portfolio, making the stock its 7th largest holding. NTV Asset Management LLC owned 0.07% of iShares Select Dividend ETF worth $13,584,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the company. GAMMA Investing LLC acquired a new stake in iShares Select Dividend ETF in the fourth quarter valued at approximately $27,000. Parkside Financial Bank & Trust lifted its position in shares of iShares Select Dividend ETF by 91.2% during the 4th quarter. Parkside Financial Bank & Trust now owns 390 shares of the company’s stock valued at $46,000 after buying an additional 186 shares in the last quarter. JNBA Financial Advisors grew its stake in iShares Select Dividend ETF by 26.6% in the 3rd quarter. JNBA Financial Advisors now owns 448 shares of the company’s stock valued at $48,000 after acquiring an additional 94 shares during the period. Fortitude Family Office LLC purchased a new stake in iShares Select Dividend ETF in the 4th quarter worth $57,000. Finally, Financial Connections Group Inc. acquired a new position in iShares Select Dividend ETF during the fourth quarter worth $58,000. 46.08% of the stock is owned by hedge funds and other institutional investors.

iShares Select Dividend ETF Trading Up 0.5 %

DVY traded up $0.56 during midday trading on Friday, hitting $121.24. 357,588 shares of the company traded hands, compared to its average volume of 563,234. The company has a market capitalization of $18.42 billion, a price-to-earnings ratio of 12.98 and a beta of 0.87. The business has a 50 day simple moving average of $119.47 and a two-hundred day simple moving average of $115.20. iShares Select Dividend ETF has a 52-week low of $102.66 and a 52-week high of $123.43.

iShares Select Dividend ETF Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, March 27th. Investors 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 was Thursday, March 21st.

iShares Select Dividend ETF 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.