iShares Select Dividend ETF (NASDAQ:DVY) Shares Acquired by Sowell Financial Services LLC

Sowell Financial Services LLC increased its position in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 5.5% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 20,182 shares of the company’s stock after purchasing an additional 1,059 shares during the quarter. Sowell Financial Services LLC’s holdings in iShares Select Dividend ETF were worth $2,650,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Rialto Wealth Management LLC acquired a new stake in shares of iShares Select Dividend ETF during the fourth quarter worth about $258,000. AMG National Trust Bank lifted its holdings in shares of iShares Select Dividend ETF by 0.6% during the fourth quarter. AMG National Trust Bank now owns 295,675 shares of the company’s stock worth $38,720,000 after purchasing an additional 1,822 shares during the period. Ashton Thomas Private Wealth LLC lifted its holdings in shares of iShares Select Dividend ETF by 12.9% during the fourth quarter. Ashton Thomas Private Wealth LLC now owns 16,538 shares of the company’s stock worth $2,171,000 after purchasing an additional 1,891 shares during the period. Townsend Asset Management Corp NC ADV lifted its holdings in shares of iShares Select Dividend ETF by 3.2% during the fourth quarter. Townsend Asset Management Corp NC ADV now owns 30,312 shares of the company’s stock worth $3,980,000 after purchasing an additional 933 shares during the period. Finally, Raymond James Financial Inc. acquired a new stake in shares of iShares Select Dividend ETF during the fourth quarter worth about $156,322,000. Institutional investors and hedge funds own 46.08% of the company’s stock.

iShares Select Dividend ETF Stock Up 1.0 %

iShares Select Dividend ETF stock opened at $134.30 on Monday. iShares Select Dividend ETF has a 52 week low of $115.43 and a 52 week high of $144.09. The company has a market capitalization of $19.96 billion, a price-to-earnings ratio of 16.35 and a beta of 0.87. The stock has a 50-day moving average price of $134.22 and a 200 day moving average price of $135.09.

iShares Select Dividend ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Friday, December 20th. Investors of record on Tuesday, December 17th were given a dividend of $1.3164 per share. The ex-dividend date of this dividend was Tuesday, December 17th.

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.