iShares Select Dividend ETF $DVY Shares Acquired by Ameritas Advisory Services LLC

Ameritas Advisory Services LLC grew its position in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 29.7% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 16,665 shares of the company’s stock after purchasing an additional 3,813 shares during the period. Ameritas Advisory Services LLC’s holdings in iShares Select Dividend ETF were worth $2,368,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in the business. Laurel Wealth Advisors LLC increased its position in iShares Select Dividend ETF by 13,158.9% during the second quarter. Laurel Wealth Advisors LLC now owns 1,897,610 shares of the company’s stock worth $252,022,000 after purchasing an additional 1,883,298 shares during the last quarter. Orion Porfolio Solutions LLC boosted its stake in shares of iShares Select Dividend ETF by 526.0% in the second quarter. Orion Porfolio Solutions LLC now owns 181,391 shares of the company’s stock valued at $24,091,000 after purchasing an additional 152,417 shares during the period. Envestnet Asset Management Inc. boosted its position in iShares Select Dividend ETF by 3.7% in the 2nd quarter. Envestnet Asset Management Inc. now owns 1,612,404 shares of the company’s stock valued at $214,086,000 after buying an additional 57,961 shares during the last quarter. MML Investors Services LLC grew its stake in iShares Select Dividend ETF by 157.2% during the 2nd quarter. MML Investors Services LLC now owns 86,631 shares of the company’s stock valued at $11,505,000 after purchasing an additional 52,952 shares in the last quarter. Finally, JPMorgan Chase & Co. increased its holdings in iShares Select Dividend ETF by 3.5% during the 2nd quarter. JPMorgan Chase & Co. now owns 1,524,690 shares of the company’s stock worth $202,494,000 after purchasing an additional 51,089 shares during the last quarter. Hedge funds and other institutional investors own 46.08% of the company’s stock.

iShares Select Dividend ETF Price Performance

NASDAQ DVY opened at $157.93 on Friday. The company has a market capitalization of $23.03 billion, a price-to-earnings ratio of 13.69 and a beta of 0.77. The company’s fifty day moving average price is $146.79 and its two-hundred day moving average price is $142.49. iShares Select Dividend ETF has a 12 month low of $115.94 and a 12 month high of $158.82.

iShares Select Dividend ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, December 19th. Shareholders of record on Tuesday, December 16th were paid a dividend of $1.6162 per share. The ex-dividend date was Tuesday, December 16th. This is an increase from iShares Select Dividend ETF’s previous quarterly dividend of $1.25. This represents a $6.46 annualized dividend and a yield of 4.1%.

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. The Index consists of 100 of the highest dividend-yielding securities (excluding real estate investment trusts (REITs) in the Dow Jones U.S.