HighTower Advisors LLC Grows Stock Position in iShares Select Dividend ETF (NASDAQ:DVY)

HighTower Advisors LLC increased its holdings in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 0.0% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 301,485 shares of the company’s stock after buying an additional 148 shares during the quarter. HighTower Advisors LLC owned about 0.20% of iShares Select Dividend ETF worth $39,582,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. raised its holdings in shares of iShares Select Dividend ETF by 0.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,380,841 shares of the company’s stock worth $186,510,000 after purchasing an additional 7,012 shares during the period. ORG Partners LLC raised its holdings in shares of iShares Select Dividend ETF by 331.9% in the 4th quarter. ORG Partners LLC now owns 488 shares of the company’s stock worth $64,000 after purchasing an additional 375 shares during the period. Regatta Capital Group LLC raised its holdings in shares of iShares Select Dividend ETF by 6.7% in the 4th quarter. Regatta Capital Group LLC now owns 3,965 shares of the company’s stock worth $521,000 after purchasing an additional 250 shares during the period. Fulton Bank N.A. raised its holdings in shares of iShares Select Dividend ETF by 20.4% in the 4th quarter. Fulton Bank N.A. now owns 26,935 shares of the company’s stock worth $3,536,000 after purchasing an additional 4,568 shares during the period. Finally, Private Trust Co. NA raised its holdings in shares of iShares Select Dividend ETF by 1.5% in the 4th quarter. Private Trust Co. NA now owns 8,136 shares of the company’s stock worth $1,068,000 after purchasing an additional 121 shares during the period. 46.08% of the stock is currently owned by hedge funds and other institutional investors.

iShares Select Dividend ETF Price Performance

iShares Select Dividend ETF stock opened at $130.62 on Friday. The stock’s 50-day moving average is $134.26 and its 200-day moving average is $135.04. The company has a market cap of $19.42 billion, a price-to-earnings ratio of 16.35 and a beta of 0.87. iShares Select Dividend ETF has a 12 month low of $115.43 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 issued a $1.3164 dividend. The ex-dividend date of this dividend 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.