Procyon Advisors LLC Raises Stake in iShares Select Dividend ETF (NASDAQ:DVY)

Procyon Advisors LLC boosted its holdings in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 13.1% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 3,236 shares of the company’s stock after buying an additional 374 shares during the quarter. Procyon Advisors LLC’s holdings in iShares Select Dividend ETF were worth $425,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of DVY. International Assets Investment Management LLC raised its holdings in shares of iShares Select Dividend ETF by 17,525.9% during the third quarter. International Assets Investment Management LLC now owns 4,372,993 shares of the company’s stock worth $590,660,000 after purchasing an additional 4,348,183 shares during the last quarter. LPL Financial LLC raised its stake in shares of iShares Select Dividend ETF by 4.6% during the 3rd quarter. LPL Financial LLC now owns 1,465,825 shares of the company’s stock valued at $197,989,000 after buying an additional 64,620 shares during the last quarter. Sanctuary Advisors LLC acquired a new position in shares of iShares Select Dividend ETF in the 2nd quarter valued at about $5,769,000. Florin Court Capital LLP boosted its stake in shares of iShares Select Dividend ETF by 119.7% in the third quarter. Florin Court Capital LLP now owns 65,700 shares of the company’s stock worth $8,874,000 after buying an additional 35,800 shares during the last quarter. Finally, Granite FO LLC acquired a new stake in iShares Select Dividend ETF during the second quarter worth about $3,774,000. 46.08% of the stock is currently owned by institutional investors and hedge funds.

iShares Select Dividend ETF Trading Up 0.7 %

Shares of DVY stock opened at $134.80 on Friday. iShares Select Dividend ETF has a twelve month low of $112.42 and a twelve month high of $144.09. The stock has a 50 day moving average of $135.84 and a 200 day moving average of $132.81. The stock has a market cap of $20.47 billion, a P/E ratio of 13.25 and a beta of 0.87.

iShares Select Dividend ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Friday, December 20th. Investors of record on Tuesday, December 17th were paid 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.