Bank of New York Mellon Corp Grows Stock Position in iShares Emerging Markets Dividend ETF $DVYE

Bank of New York Mellon Corp lifted its holdings in iShares Emerging Markets Dividend ETF (NYSEARCA:DVYE) by 15.0% during the 1st quarter, Holdings Channel.com reports. The firm owned 348,902 shares of the company’s stock after buying an additional 45,576 shares during the period. Bank of New York Mellon Corp’s holdings in iShares Emerging Markets Dividend ETF were worth $11,995,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently made changes to their positions in DVYE. Marshall Wace LLP grew its position in iShares Emerging Markets Dividend ETF by 225.3% during the second quarter. Marshall Wace LLP now owns 169,742 shares of the company’s stock valued at $4,863,000 after buying an additional 117,555 shares during the period. JPMorgan Chase & Co. raised its position in iShares Emerging Markets Dividend ETF by 69.8% in the fourth quarter. JPMorgan Chase & Co. now owns 277,124 shares of the company’s stock worth $8,635,000 after acquiring an additional 113,873 shares during the period. NewEdge Advisors LLC boosted its stake in shares of iShares Emerging Markets Dividend ETF by 25.6% during the 2nd quarter. NewEdge Advisors LLC now owns 256,538 shares of the company’s stock worth $7,350,000 after acquiring an additional 52,235 shares during the last quarter. Janney Montgomery Scott LLC boosted its stake in shares of iShares Emerging Markets Dividend ETF by 44.5% during the 1st quarter. Janney Montgomery Scott LLC now owns 158,519 shares of the company’s stock worth $5,450,000 after acquiring an additional 48,825 shares during the last quarter. Finally, Captrust Financial Advisors purchased a new position in shares of iShares Emerging Markets Dividend ETF during the 4th quarter worth $202,000.

iShares Emerging Markets Dividend ETF Price Performance

Shares of DVYE stock opened at $34.26 on Friday. The company has a market cap of $1.22 billion, a price-to-earnings ratio of 7.78 and a beta of 0.50. iShares Emerging Markets Dividend ETF has a 1 year low of $28.44 and a 1 year high of $35.95. The firm has a fifty day moving average price of $33.40 and a 200-day moving average price of $34.02.

iShares Emerging Markets Dividend ETF Profile

The iShares Emerging Markets Dividend ETF (DVYE) is an exchange-traded fund that mostly invests in high dividend yield equity. The fund tracks a dividend-weighted index of high-dividend-paying emerging markets companies. DVYE was launched on Feb 23, 2012 and is managed by BlackRock.