B. Riley Wealth Advisors Inc. Makes New Investment in iShares Select Dividend ETF $DVY

B. Riley Wealth Advisors Inc. acquired a new stake in shares of iShares Select Dividend ETF (NASDAQ:DVY) during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 9,434 shares of the company’s stock, valued at approximately $1,253,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Brighton Jones LLC raised its position in iShares Select Dividend ETF by 0.7% during the second quarter. Brighton Jones LLC now owns 11,418 shares of the company’s stock valued at $1,516,000 after purchasing an additional 75 shares in the last quarter. North Forty Two & Co. increased its position in shares of iShares Select Dividend ETF by 1.6% during the 2nd quarter. North Forty Two & Co. now owns 4,902 shares of the company’s stock valued at $651,000 after purchasing an additional 75 shares during the last quarter. Precedent Wealth Partners LLC raised its holdings in shares of iShares Select Dividend ETF by 0.7% during the 2nd quarter. Precedent Wealth Partners LLC now owns 11,185 shares of the company’s stock valued at $1,486,000 after buying an additional 77 shares in the last quarter. Journey Strategic Wealth LLC lifted its position in iShares Select Dividend ETF by 2.4% in the 2nd quarter. Journey Strategic Wealth LLC now owns 3,331 shares of the company’s stock worth $442,000 after buying an additional 78 shares during the last quarter. Finally, Keudell Morrison Wealth Management boosted its stake in iShares Select Dividend ETF by 1.0% in the second quarter. Keudell Morrison Wealth Management now owns 8,224 shares of the company’s stock worth $1,092,000 after buying an additional 79 shares in the last quarter. 46.08% of the stock is currently owned by hedge funds and other institutional investors.

iShares Select Dividend ETF Price Performance

Shares of NASDAQ DVY opened at $144.43 on Tuesday. The stock has a market capitalization of $21.14 billion, a P/E ratio of 13.69 and a beta of 0.77. iShares Select Dividend ETF has a one year low of $115.94 and a one year high of $145.03. The firm’s 50 day simple moving average is $141.00 and its two-hundred day simple moving average is $138.39.

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.