iShares Select Dividend ETF (NASDAQ:DVY) Shares Purchased by Avior Wealth Management LLC

Avior Wealth Management LLC raised its holdings in iShares Select Dividend ETF (NASDAQ:DVY) by 5.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,712 shares of the company’s stock after buying an additional 306 shares during the period. Avior Wealth Management LLC’s holdings in iShares Select Dividend ETF were worth $670,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of DVY. Nelson Van Denburg & Campbell Wealth Management Group LLC grew its position in shares of iShares Select Dividend ETF by 1.2% in the 1st quarter. Nelson Van Denburg & Campbell Wealth Management Group LLC now owns 6,854 shares of the company’s stock valued at $878,000 after buying an additional 81 shares during the last quarter. Halbert Hargrove Global Advisors LLC boosted its position in shares of iShares Select Dividend ETF by 2.1% in the 4th quarter. Halbert Hargrove Global Advisors LLC now owns 4,376 shares of the company’s stock valued at $513,000 after purchasing an additional 88 shares during the period. Financial Advocates Investment Management grew its stake in iShares Select Dividend ETF by 0.7% during the 4th quarter. Financial Advocates Investment Management now owns 14,216 shares of the company’s stock worth $1,714,000 after buying an additional 93 shares during the last quarter. JNBA Financial Advisors increased its position in iShares Select Dividend ETF by 26.6% during the third quarter. JNBA Financial Advisors now owns 448 shares of the company’s stock worth $48,000 after buying an additional 94 shares during the period. Finally, Sunbelt Securities Inc. lifted its stake in iShares Select Dividend ETF by 0.6% in the third quarter. Sunbelt Securities Inc. now owns 16,069 shares of the company’s stock valued at $1,730,000 after buying an additional 96 shares during the last quarter. 46.08% of the stock is currently owned by institutional investors and hedge funds.

iShares Select Dividend ETF Price Performance

Shares of iShares Select Dividend ETF stock opened at $116.35 on Thursday. The firm’s fifty day simple moving average is $118.43 and its 200-day simple moving average is $114.20. iShares Select Dividend ETF has a 12 month low of $102.66 and a 12 month high of $123.43. The stock has a market capitalization of $17.85 billion, a price-to-earnings ratio of 11.69 and a beta of 0.87.

iShares Select Dividend ETF Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, March 27th. Stockholders of record on Friday, March 22nd were paid a dividend of $0.9976 per share. The ex-dividend date of this dividend was Thursday, March 21st. This represents a $3.99 annualized dividend and a dividend yield of 3.43%.

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.