Ameritas Advisory Services LLC Boosts Stock Holdings in iShares Select Dividend ETF (NASDAQ:DVY)

Ameritas Advisory Services LLC raised its holdings in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 30.3% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 24,111 shares of the company’s stock after acquiring an additional 5,607 shares during the period. Ameritas Advisory Services LLC’s holdings in iShares Select Dividend ETF were worth $3,165,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Edgestream Partners L.P. bought a new position in shares of iShares Select Dividend ETF during the second quarter valued at about $223,000. Hsbc Holdings PLC raised its stake in shares of iShares Select Dividend ETF by 84.7% during the second quarter. Hsbc Holdings PLC now owns 25,554 shares of the company’s stock valued at $3,092,000 after acquiring an additional 11,722 shares during the last quarter. Ieq Capital LLC raised its stake in shares of iShares Select Dividend ETF by 1.1% during the second quarter. Ieq Capital LLC now owns 26,282 shares of the company’s stock valued at $3,180,000 after acquiring an additional 292 shares during the last quarter. Hancock Whitney Corp raised its stake in shares of iShares Select Dividend ETF by 1.0% during the second quarter. Hancock Whitney Corp now owns 28,281 shares of the company’s stock valued at $3,421,000 after acquiring an additional 291 shares during the last quarter. Finally, 1832 Asset Management L.P. bought a new position in shares of iShares Select Dividend ETF during the second quarter valued at about $73,000. 46.08% of the stock is currently owned by hedge funds and other institutional investors.

iShares Select Dividend ETF Trading Up 0.7 %

Shares of NASDAQ:DVY opened at $134.80 on Monday. The company has a market cap of $20.47 billion, a price-to-earnings ratio of 13.25 and a beta of 0.87. The company has a 50-day moving average price of $135.84 and a 200-day moving average price of $132.90. iShares Select Dividend ETF has a 12 month low of $112.42 and a 12 month high of $144.09.

iShares Select Dividend ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Friday, December 20th. Stockholders of record on Tuesday, December 17th were paid a dividend of $1.3164 per share. The ex-dividend date was Tuesday, December 17th.

iShares Select Dividend ETF 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.