IFP Advisors Inc Has $5.05 Million Stock Position in iShares Select Dividend ETF (NASDAQ:DVY)

IFP Advisors Inc lifted its stake in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 122.0% in the 4th quarter, Holdings Channel reports. The institutional investor owned 38,437 shares of the company’s stock after purchasing an additional 21,125 shares during the quarter. IFP Advisors Inc’s holdings in iShares Select Dividend ETF were worth $5,047,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of DVY. LPL Financial LLC boosted its position in iShares Select Dividend ETF by 4.6% during the 3rd quarter. LPL Financial LLC now owns 1,465,825 shares of the company’s stock worth $197,989,000 after buying an additional 64,620 shares during the period. JPMorgan Chase & Co. raised its stake in shares of iShares Select Dividend ETF by 0.5% during the third quarter. JPMorgan Chase & Co. now owns 1,380,841 shares of the company’s stock valued at $186,510,000 after acquiring an additional 7,012 shares during the last quarter. Truist Financial Corp raised its stake in shares of iShares Select Dividend ETF by 3.9% during the fourth quarter. Truist Financial Corp now owns 1,195,080 shares of the company’s stock valued at $156,902,000 after acquiring an additional 44,508 shares during the last quarter. Miller Howard Investments Inc. NY lifted its holdings in shares of iShares Select Dividend ETF by 369.5% during the fourth quarter. Miller Howard Investments Inc. NY now owns 498,927 shares of the company’s stock worth $65,504,000 after purchasing an additional 392,667 shares during the period. Finally, Rockefeller Capital Management L.P. grew its stake in shares of iShares Select Dividend ETF by 0.5% in the third quarter. Rockefeller Capital Management L.P. now owns 403,745 shares of the company’s stock worth $54,510,000 after purchasing an additional 2,072 shares during the last quarter. 46.08% of the stock is currently owned by institutional investors.

iShares Select Dividend ETF Stock Up 0.2 %

NASDAQ DVY opened at $136.98 on Tuesday. The company has a market capitalization of $20.36 billion, a price-to-earnings ratio of 13.25 and a beta of 0.87. iShares Select Dividend ETF has a twelve month low of $115.02 and a twelve month high of $144.09. The stock has a fifty day simple moving average of $133.52 and a 200 day simple moving average of $134.63.

iShares Select Dividend ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Friday, December 20th. Stockholders of record on Tuesday, December 17th were paid a $1.3164 dividend. The ex-dividend date of this dividend was Tuesday, December 17th.

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.