GWN Securities Inc. Makes New $294,000 Investment in iShares Select Dividend ETF (NASDAQ:DVY)

GWN Securities Inc. purchased a new stake in iShares Select Dividend ETF (NASDAQ:DVY) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 2,239 shares of the company’s stock, valued at approximately $294,000.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Glenview Trust co increased its stake in shares of iShares Select Dividend ETF by 1.7% in the 4th quarter. Glenview Trust co now owns 47,310 shares of the company’s stock valued at $6,211,000 after acquiring an additional 796 shares during the last quarter. Gitterman Wealth Management LLC bought a new stake in shares of iShares Select Dividend ETF in the 4th quarter valued at about $216,000. CBIZ Investment Advisory Services LLC increased its stake in shares of iShares Select Dividend ETF by 1.3% in the 4th quarter. CBIZ Investment Advisory Services LLC now owns 10,105 shares of the company’s stock valued at $1,327,000 after acquiring an additional 133 shares during the last quarter. Choate Investment Advisors increased its stake in shares of iShares Select Dividend ETF by 7.5% in the 4th quarter. Choate Investment Advisors now owns 6,255 shares of the company’s stock valued at $821,000 after acquiring an additional 435 shares during the last quarter. Finally, Commonwealth Equity Services LLC increased its stake in shares of iShares Select Dividend ETF by 0.8% in the 4th quarter. Commonwealth Equity Services LLC now owns 646,644 shares of the company’s stock valued at $84,898,000 after acquiring an additional 4,820 shares during the last quarter. 46.08% of the stock is owned by institutional investors.

iShares Select Dividend ETF Price Performance

Shares of DVY stock opened at $134.51 on Tuesday. The stock has a 50-day moving average of $134.36 and a 200-day moving average of $135.10. iShares Select Dividend ETF has a one year low of $115.43 and a one year high of $144.09. The stock has a market cap of $19.99 billion, a PE ratio of 16.35 and a beta of 0.87.

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.