Ameriprise Financial Inc. Boosts Stock Holdings in iShares Select Dividend ETF (NASDAQ:DVY)

Ameriprise Financial Inc. grew its position in iShares Select Dividend ETF (NASDAQ:DVY) by 2.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 490,827 shares of the company’s stock after purchasing an additional 13,510 shares during the period. Ameriprise Financial Inc. owned about 0.33% of iShares Select Dividend ETF worth $64,332,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in DVY. Franklin Resources Inc. grew its stake in iShares Select Dividend ETF by 0.3% in the 3rd quarter. Franklin Resources Inc. now owns 149,135 shares of the company’s stock valued at $20,156,000 after purchasing an additional 491 shares during the period. Diversified Trust Co purchased a new position in shares of iShares Select Dividend ETF in the 4th quarter worth about $352,000. ORG Partners LLC grew its position in iShares Select Dividend ETF by 331.9% during the fourth quarter. ORG Partners LLC now owns 488 shares of the company’s stock valued at $64,000 after buying an additional 375 shares during the period. Wealth Enhancement Advisory Services LLC increased its holdings in iShares Select Dividend ETF by 2.1% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 156,559 shares of the company’s stock worth $21,146,000 after buying an additional 3,294 shares during the last quarter. Finally, EWG Elevate Inc. bought a new stake in iShares Select Dividend ETF in the fourth quarter worth about $3,218,000. 46.08% of the stock is owned by institutional investors.

iShares Select Dividend ETF Stock Down 0.1 %

iShares Select Dividend ETF stock opened at $129.63 on Friday. The firm has a 50 day moving average price of $129.14 and a 200-day moving average price of $133.42. iShares Select Dividend ETF has a twelve month low of $115.94 and a twelve month high of $144.09. The company has a market capitalization of $19.17 billion, a P/E ratio of 14.94 and a beta of 0.87.

iShares Select Dividend ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Friday, March 21st. Shareholders of record on Tuesday, March 18th were given a $1.0495 dividend. The ex-dividend date of this dividend was Tuesday, March 18th.

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.