Ameritas Advisory Services LLC Buys 5,607 Shares of iShares Select Dividend ETF (NASDAQ:DVY)

Ameritas Advisory Services LLC increased its stake in iShares Select Dividend ETF (NASDAQ:DVY) by 30.3% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 24,111 shares of the company’s stock after purchasing an additional 5,607 shares during the quarter. Ameritas Advisory Services LLC’s holdings in iShares Select Dividend ETF were worth $3,165,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of the stock. Banque Cantonale Vaudoise raised its holdings in shares of iShares Select Dividend ETF by 10.1% in the 3rd quarter. Banque Cantonale Vaudoise now owns 798 shares of the company’s stock worth $108,000 after purchasing an additional 73 shares during the period. JDM Financial Group LLC raised its holdings in iShares Select Dividend ETF by 33.3% during the 3rd quarter. JDM Financial Group LLC now owns 300 shares of the company’s stock valued at $41,000 after acquiring an additional 75 shares during the period. Unionview LLC raised its holdings in iShares Select Dividend ETF by 0.7% during the 3rd quarter. Unionview LLC now owns 11,151 shares of the company’s stock valued at $1,506,000 after acquiring an additional 76 shares during the period. CMG Global Holdings LLC raised its holdings in iShares Select Dividend ETF by 0.5% during the 3rd quarter. CMG Global Holdings LLC now owns 17,284 shares of the company’s stock valued at $2,335,000 after acquiring an additional 80 shares during the period. Finally, Pathway Financial Advisers LLC raised its holdings in iShares Select Dividend ETF by 1.4% during the 2nd quarter. Pathway Financial Advisers LLC now owns 6,137 shares of the company’s stock valued at $740,000 after acquiring an additional 84 shares during the period. Institutional investors own 46.08% of the company’s stock.

iShares Select Dividend ETF Price Performance

Shares of DVY stock opened at $134.80 on Monday. The company’s fifty day simple moving average is $135.84 and its two-hundred day simple moving average is $132.90. iShares Select Dividend ETF has a 1 year low of $112.42 and a 1 year high of $144.09. The stock has a market capitalization of $20.47 billion, a price-to-earnings ratio of 13.25 and a beta of 0.87.

iShares Select Dividend ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Friday, December 20th. Shareholders of record on Tuesday, December 17th were issued 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.