1,557 Shares in iShares Select Dividend ETF (NASDAQ:DVY) Bought by Potentia Wealth

Potentia Wealth acquired a new stake in shares of iShares Select Dividend ETF (NASDAQ:DVY) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 1,557 shares of the company’s stock, valued at approximately $204,000.

Several other hedge funds and other institutional investors have also made changes to their positions in DVY. Wealthfront Advisers LLC boosted its holdings in iShares Select Dividend ETF by 194,486.4% during the 4th quarter. Wealthfront Advisers LLC now owns 24,488,697 shares of the company’s stock valued at $3,215,121,000 after acquiring an additional 24,476,112 shares during the period. Raymond James Financial Inc. purchased a new stake in shares of iShares Select Dividend ETF during the fourth quarter valued at $156,322,000. Miller Howard Investments Inc. NY increased its stake in iShares Select Dividend ETF by 369.5% in the 4th quarter. Miller Howard Investments Inc. NY now owns 498,927 shares of the company’s stock worth $65,504,000 after buying an additional 392,667 shares during the period. Charles Schwab Investment Management Inc. lifted its holdings in iShares Select Dividend ETF by 588.4% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 288,441 shares of the company’s stock valued at $37,869,000 after buying an additional 246,540 shares in the last quarter. Finally, Private Advisor Group LLC boosted its position in iShares Select Dividend ETF by 94.0% in the 4th quarter. Private Advisor Group LLC now owns 384,003 shares of the company’s stock valued at $50,416,000 after buying an additional 186,055 shares during the period. Hedge funds and other institutional investors own 46.08% of the company’s stock.

iShares Select Dividend ETF Stock Performance

Shares of NASDAQ:DVY opened at $133.87 on Tuesday. The firm’s 50 day simple moving average is $134.69 and its 200-day simple moving average is $135.09. iShares Select Dividend ETF has a one year low of $115.43 and a one year high of $144.09. The firm has a market cap of $19.90 billion, a PE ratio of 15.96 and a beta of 0.87.

iShares Select Dividend ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Friday, March 21st. Shareholders of record on Tuesday, March 18th were given a dividend of $1.0495 per share. The ex-dividend date of this dividend was Tuesday, March 18th.

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.