iShares Select Dividend ETF (NASDAQ:DVY) Shares Purchased by Parallel Advisors LLC

Parallel Advisors LLC increased its position in iShares Select Dividend ETF (NASDAQ:DVY) by 13.0% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 17,528 shares of the company’s stock after acquiring an additional 2,011 shares during the period. Parallel Advisors LLC’s holdings in iShares Select Dividend ETF were worth $2,301,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in DVY. JPMorgan Chase & Co. raised its stake in shares of iShares Select Dividend ETF by 0.5% in the third quarter. JPMorgan Chase & Co. now owns 1,380,841 shares of the company’s stock worth $186,510,000 after purchasing an additional 7,012 shares during the last quarter. ORG Partners LLC raised its position in iShares Select Dividend ETF by 331.9% during the 4th quarter. ORG Partners LLC now owns 488 shares of the company’s stock worth $64,000 after buying an additional 375 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its stake in iShares Select Dividend ETF by 588.4% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 288,441 shares of the company’s stock valued at $37,869,000 after acquiring an additional 246,540 shares during the period. Regatta Capital Group LLC boosted its holdings in shares of iShares Select Dividend ETF by 6.7% in the 4th quarter. Regatta Capital Group LLC now owns 3,965 shares of the company’s stock valued at $521,000 after acquiring an additional 250 shares during the last quarter. Finally, Fulton Bank N.A. increased its stake in shares of iShares Select Dividend ETF by 20.4% in the fourth quarter. Fulton Bank N.A. now owns 26,935 shares of the company’s stock worth $3,536,000 after acquiring an additional 4,568 shares during the period. Institutional investors and hedge funds own 46.08% of the company’s stock.

iShares Select Dividend ETF Price Performance

Shares of iShares Select Dividend ETF stock opened at $132.97 on Wednesday. The stock has a market cap of $19.64 billion, a PE ratio of 15.96 and a beta of 0.88. The firm has a fifty day moving average price of $134.40 and a 200 day moving average price of $135.09. iShares Select Dividend ETF has a 1 year low of $115.43 and a 1 year high of $144.09.

iShares Select Dividend ETF Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Friday, March 21st. Shareholders of record on Tuesday, March 18th will be paid a dividend of $1.0495 per share. The ex-dividend date of this dividend is Tuesday, March 18th.

About iShares Select Dividend ETF

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.