Sequoia Financial Advisors LLC Purchases 1,029 Shares of iShares Select Dividend ETF (NASDAQ:DVY)

Sequoia Financial Advisors LLC grew its position in iShares Select Dividend ETF (NASDAQ:DVY) by 2.4% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 44,474 shares of the company’s stock after acquiring an additional 1,029 shares during the quarter. Sequoia Financial Advisors LLC’s holdings in iShares Select Dividend ETF were worth $5,478,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also modified their holdings of the company. International Assets Investment Management LLC lifted its position in iShares Select Dividend ETF by 12,638.3% during the fourth quarter. International Assets Investment Management LLC now owns 2,407,409 shares of the company’s stock valued at $282,196,000 after purchasing an additional 2,388,510 shares during the last quarter. Comerica Bank bought a new stake in iShares Select Dividend ETF during the third quarter worth approximately $61,160,000. Raymond James Financial Services Advisors Inc. increased its stake in iShares Select Dividend ETF by 47.2% during the first quarter. Raymond James Financial Services Advisors Inc. now owns 759,253 shares of the company’s stock worth $93,525,000 after acquiring an additional 243,579 shares during the last quarter. Miller Howard Investments Inc. NY lifted its stake in shares of iShares Select Dividend ETF by 110.0% in the 4th quarter. Miller Howard Investments Inc. NY now owns 403,081 shares of the company’s stock valued at $47,249,000 after purchasing an additional 211,112 shares during the last quarter. Finally, Truist Financial Corp lifted its stake in shares of iShares Select Dividend ETF by 5.9% in the 4th quarter. Truist Financial Corp now owns 1,505,448 shares of the company’s stock valued at $176,469,000 after purchasing an additional 84,251 shares during the last quarter. 46.08% of the stock is owned by hedge funds and other institutional investors.

iShares Select Dividend ETF Price Performance

Shares of iShares Select Dividend ETF stock traded down $0.56 on Friday, reaching $119.99. The company had a trading volume of 359,241 shares, compared to its average volume of 511,628. The firm has a market cap of $18.00 billion, a price-to-earnings ratio of 13.25 and a beta of 0.87. The firm’s 50-day moving average price is $122.01 and its two-hundred day moving average price is $119.18. iShares Select Dividend ETF has a 1 year low of $102.66 and a 1 year high of $125.99.

iShares Select Dividend ETF Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, June 17th. Stockholders of record on Tuesday, June 11th were issued a $0.9304 dividend. The ex-dividend date was Tuesday, June 11th. This represents a $3.72 annualized dividend and a dividend yield of 3.10%.

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.