Capital Investment Advisors LLC Acquires 194 Shares of iShares Select Dividend ETF (NASDAQ:DVY)

Capital Investment Advisors LLC increased its holdings in shares of iShares Select Dividend ETF (NASDAQ:DVY – Get Rating) by 0.1% during the first quarter, Holdings Channel reports. The fund owned 152,124 shares of the company’s stock after purchasing an additional 194 shares during the period. Capital Investment Advisors LLC’s holdings in iShares Select Dividend ETF were worth $19,492,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in DVY. Horizon Investments LLC bought a new stake in iShares Select Dividend ETF during the 4th quarter worth approximately $73,938,000. Wells Fargo & Company MN grew its position in iShares Select Dividend ETF by 6.2% during the 4th quarter. Wells Fargo & Company MN now owns 5,434,593 shares of the company’s stock worth $666,226,000 after acquiring an additional 319,268 shares during the last quarter. PFS Investments Inc. bought a new stake in iShares Select Dividend ETF during the 4th quarter worth approximately $33,380,000. Lbmc Investment Advisors LLC lifted its holdings in iShares Select Dividend ETF by 868.9% during the 4th quarter. Lbmc Investment Advisors LLC now owns 259,207 shares of the company’s stock worth $31,776,000 after buying an additional 232,455 shares in the last quarter. Finally, Northern Trust Corp lifted its holdings in iShares Select Dividend ETF by 8.1% during the 4th quarter. Northern Trust Corp now owns 2,663,579 shares of the company’s stock worth $326,529,000 after buying an additional 199,027 shares in the last quarter.

NASDAQ:DVY opened at $115.05 on Thursday. The stock’s fifty day moving average price is $125.43 and its two-hundred day moving average price is $124.68. iShares Select Dividend ETF has a 52-week low of $111.53 and a 52-week high of $133.33.

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, June 15th. Shareholders of record on Friday, June 10th were issued a dividend of $0.867 per share. This represents a $3.47 annualized dividend and a yield of 3.01%. The ex-dividend date was Thursday, June 9th.

iShares Select Dividend ETF Company Profile (Get Rating)

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.

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