Bank of America Corp DE Acquires 256,434 Shares of iShares Select Dividend ETF $DVY

Bank of America Corp DE raised its holdings in iShares Select Dividend ETF (NASDAQ:DVY) by 3.3% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 8,096,893 shares of the company’s stock after purchasing an additional 256,434 shares during the quarter. Bank of America Corp DE owned 5.53% of iShares Select Dividend ETF worth $1,150,568,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently made changes to their positions in the company. Laurel Wealth Advisors LLC boosted its holdings in shares of iShares Select Dividend ETF by 13,158.9% in the 2nd quarter. Laurel Wealth Advisors LLC now owns 1,897,610 shares of the company’s stock worth $252,022,000 after buying an additional 1,883,298 shares during the last quarter. Orion Porfolio Solutions LLC increased its holdings in iShares Select Dividend ETF by 526.0% during the second quarter. Orion Porfolio Solutions LLC now owns 181,391 shares of the company’s stock worth $24,091,000 after buying an additional 152,417 shares during the last quarter. UBS Group AG increased its holdings in iShares Select Dividend ETF by 10.0% during the third quarter. UBS Group AG now owns 1,155,033 shares of the company’s stock worth $164,130,000 after buying an additional 104,866 shares during the last quarter. MML Investors Services LLC raised its position in iShares Select Dividend ETF by 157.2% in the second quarter. MML Investors Services LLC now owns 86,631 shares of the company’s stock worth $11,505,000 after acquiring an additional 52,952 shares during the period. Finally, JPMorgan Chase & Co. raised its position in iShares Select Dividend ETF by 3.5% in the second quarter. JPMorgan Chase & Co. now owns 1,524,690 shares of the company’s stock worth $202,494,000 after acquiring an additional 51,089 shares during the period. 46.08% of the stock is owned by hedge funds and other institutional investors.

iShares Select Dividend ETF Stock Up 0.4%

DVY opened at $151.15 on Tuesday. iShares Select Dividend ETF has a twelve month low of $115.94 and a twelve month high of $160.38. The company’s 50-day moving average price is $151.81 and its two-hundred day moving average price is $144.99. The stock has a market cap of $22.05 billion, a price-to-earnings ratio of 13.69 and a beta of 0.77.

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.