iShares Select Dividend ETF (NASDAQ:DVY) Position Lifted by Choate Investment Advisors

Choate Investment Advisors raised its stake in iShares Select Dividend ETF (NASDAQ:DVY) by 7.5% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 6,255 shares of the company’s stock after purchasing an additional 435 shares during the period. Choate Investment Advisors’ holdings in iShares Select Dividend ETF were worth $821,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Mill Creek Capital Advisors LLC increased its stake in iShares Select Dividend ETF by 0.8% during the third quarter. Mill Creek Capital Advisors LLC now owns 22,305 shares of the company’s stock valued at $3,013,000 after purchasing an additional 186 shares during the last quarter. Accredited Investors Inc. grew its position in shares of iShares Select Dividend ETF by 25.4% during the 3rd quarter. Accredited Investors Inc. now owns 2,288 shares of the company’s stock valued at $309,000 after buying an additional 464 shares during the last quarter. GoalVest Advisory LLC raised its stake in iShares Select Dividend ETF by 5.3% during the third quarter. GoalVest Advisory LLC now owns 27,338 shares of the company’s stock worth $3,693,000 after acquiring an additional 1,364 shares during the period. Thrivent Financial for Lutherans raised its stake in iShares Select Dividend ETF by 48.0% during the third quarter. Thrivent Financial for Lutherans now owns 34,012 shares of the company’s stock worth $4,594,000 after acquiring an additional 11,032 shares during the period. Finally, Prospera Financial Services Inc raised its position in shares of iShares Select Dividend ETF by 4.7% during the 3rd quarter. Prospera Financial Services Inc now owns 30,314 shares of the company’s stock worth $4,095,000 after purchasing an additional 1,354 shares during the period. Institutional investors and hedge funds own 46.08% of the company’s stock.

iShares Select Dividend ETF Price Performance

NASDAQ:DVY opened at $133.17 on Monday. The firm has a market capitalization of $19.80 billion, a P/E ratio of 16.35 and a beta of 0.87. The business has a 50 day simple moving average of $134.29 and a 200 day simple moving average of $135.09. iShares Select Dividend ETF has a 12-month low of $115.43 and a 12-month high of $144.09.

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.