iShares Select Dividend ETF $DVY Shares Purchased by Waverly Advisors LLC

Waverly Advisors LLC raised its position in iShares Select Dividend ETF (NASDAQ:DVY) by 29.7% during the second quarter, Holdings Channel reports. The firm owned 26,940 shares of the company’s stock after buying an additional 6,168 shares during the quarter. Waverly Advisors LLC’s holdings in iShares Select Dividend ETF were worth $4,211,000 at the end of the most recent quarter.

A number of other large investors also recently added to or reduced their stakes in the company. BIP Wealth LLC increased its stake in iShares Select Dividend ETF by 105.7% during the second quarter. BIP Wealth LLC now owns 8,735 shares of the company’s stock worth $1,365,000 after purchasing an additional 4,488 shares during the period. Allworth Financial LP boosted its stake in shares of iShares Select Dividend ETF by 18.4% in the fourth quarter. Allworth Financial LP now owns 33,387 shares of the company’s stock valued at $4,712,000 after purchasing an additional 5,199 shares during the period. Goldman Sachs Group Inc. grew its holdings in shares of iShares Select Dividend ETF by 0.5% in the fourth quarter. Goldman Sachs Group Inc. now owns 693,902 shares of the company’s stock valued at $97,937,000 after purchasing an additional 3,552 shares in the last quarter. Keudell Morrison Wealth Management acquired a new position in shares of iShares Select Dividend ETF in the fourth quarter valued at approximately $1,192,000. Finally, MV Capital Management Inc. purchased a new stake in iShares Select Dividend ETF during the 4th quarter worth approximately $4,701,000. 46.08% of the stock is currently owned by institutional investors and hedge funds.

iShares Select Dividend ETF Stock Up 0.4%

iShares Select Dividend ETF stock opened at $162.36 on Friday. The firm has a market cap of $23.65 billion, a PE ratio of 13.69 and a beta of 0.66. iShares Select Dividend ETF has a 52-week low of $137.16 and a 52-week high of $167.06. The company’s 50 day moving average is $162.51 and its two-hundred day moving average is $156.61.

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. The Index consists of 100 of the highest dividend-yielding securities (excluding real estate investment trusts (REITs) in the Dow Jones U.S.