1,524 Shares in iShares Select Dividend ETF (NASDAQ:DVY) Acquired by Houlihan Financial Resource Group Ltd.

Houlihan Financial Resource Group Ltd. bought a new position in iShares Select Dividend ETF (NASDAQ:DVY) during the 4th quarter, Holdings Channel.com reports. The firm bought 1,524 shares of the company’s stock, valued at approximately $200,000.

Several other institutional investors have also added to or reduced their stakes in the company. Wealthfront Advisers LLC boosted its holdings in shares of 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 buying an additional 24,476,112 shares in the last quarter. Raymond James Financial Inc. purchased a new stake in iShares Select Dividend ETF in the fourth quarter worth about $156,322,000. Miller Howard Investments Inc. NY increased its stake in shares of iShares Select Dividend ETF by 369.5% during the fourth quarter. Miller Howard Investments Inc. NY now owns 498,927 shares of the company’s stock valued at $65,504,000 after purchasing an additional 392,667 shares in the last quarter. Charles Schwab Investment Management Inc. lifted its holdings in shares of iShares Select Dividend ETF by 588.4% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 288,441 shares of the company’s stock valued at $37,869,000 after purchasing an additional 246,540 shares during the last quarter. Finally, Private Advisor Group LLC grew its stake in shares of 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 worth $50,416,000 after buying an additional 186,055 shares during the last quarter. Hedge funds and other institutional investors own 46.08% of the company’s stock.

iShares Select Dividend ETF Trading Up 0.8 %

Shares of NASDAQ:DVY opened at $133.87 on Tuesday. iShares Select Dividend ETF has a 12-month low of $115.43 and a 12-month high of $144.09. The stock has a market capitalization of $19.90 billion, a price-to-earnings ratio of 15.96 and a beta of 0.87. The stock has a fifty day simple moving average of $134.69 and a two-hundred day simple moving average of $135.09.

iShares Select Dividend ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Friday, March 21st. Investors 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.