Horizon Investments LLC Boosts Position in iShares Select Dividend ETF (NASDAQ:DVY)

Horizon Investments LLC increased its holdings in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 82,525.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 3,305 shares of the company’s stock after purchasing an additional 3,301 shares during the quarter. Horizon Investments LLC’s holdings in iShares Select Dividend ETF were worth $434,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Taylor Financial Group Inc. lifted its stake in iShares Select Dividend ETF by 6.8% in the fourth quarter. Taylor Financial Group Inc. now owns 21,621 shares of the company’s stock valued at $2,839,000 after buying an additional 1,370 shares during the last quarter. Flagship Wealth Advisors LLC purchased a new stake in iShares Select Dividend ETF in the fourth quarter valued at approximately $967,000. Cozad Asset Management Inc. lifted its stake in iShares Select Dividend ETF by 4.7% in the fourth quarter. Cozad Asset Management Inc. now owns 15,153 shares of the company’s stock valued at $1,989,000 after buying an additional 679 shares during the last quarter. Parallel Advisors LLC lifted its stake in iShares Select Dividend ETF by 13.0% in the fourth quarter. Parallel Advisors LLC now owns 17,528 shares of the company’s stock valued at $2,301,000 after buying an additional 2,011 shares during the last quarter. Finally, GWN Securities Inc. purchased a new stake in iShares Select Dividend ETF in the fourth quarter valued at approximately $294,000. Hedge funds and other institutional investors own 46.08% of the company’s stock.

iShares Select Dividend ETF Trading Down 0.3 %

Shares of NASDAQ DVY opened at $133.48 on Friday. iShares Select Dividend ETF has a twelve month low of $115.43 and a twelve month high of $144.09. The stock has a 50 day moving average of $134.51 and a two-hundred day moving average of $135.07. The stock has a market cap of $19.71 billion, a P/E ratio of 15.96 and a beta of 0.88.

iShares Select Dividend ETF Cuts Dividend

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

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.