Roxbury Financial LLC Acquires Shares of 263 iShares Select Dividend ETF (NASDAQ:DVY)

Roxbury Financial LLC acquired a new stake in iShares Select Dividend ETF (NASDAQ:DVY) in the 4th quarter, HoldingsChannel.com reports. The institutional investor acquired 263 shares of the company’s stock, valued at approximately $38,000.

Several other large investors also recently added to or reduced their stakes in the stock. Scarborough Advisors LLC boosted its position in iShares Select Dividend ETF by 8.4% in the 4th quarter. Scarborough Advisors LLC now owns 36,056 shares of the company’s stock valued at $4,734,000 after buying an additional 2,788 shares during the period. Nations Financial Group Inc. IA ADV raised its holdings in shares of iShares Select Dividend ETF by 2.4% in the 4th quarter. Nations Financial Group Inc. IA ADV now owns 4,260 shares of the company’s stock valued at $559,000 after purchasing an additional 98 shares in the last quarter. Valeo Financial Advisors LLC raised its holdings in shares of iShares Select Dividend ETF by 1.7% in the 4th quarter. Valeo Financial Advisors LLC now owns 19,815 shares of the company’s stock valued at $2,602,000 after purchasing an additional 330 shares in the last quarter. Pathway Financial Advisers LLC raised its holdings in shares of iShares Select Dividend ETF by 1.4% in the 4th quarter. Pathway Financial Advisers LLC now owns 6,318 shares of the company’s stock valued at $829,000 after purchasing an additional 90 shares in the last quarter. Finally, Raab & Moskowitz Asset Management LLC raised its holdings in shares of iShares Select Dividend ETF by 2.4% in the 4th quarter. Raab & Moskowitz Asset Management LLC now owns 45,280 shares of the company’s stock valued at $5,945,000 after purchasing an additional 1,065 shares in the last quarter. 46.08% of the stock is owned by hedge funds and other institutional investors.

iShares Select Dividend ETF Stock Performance

NASDAQ:DVY opened at $135.71 on Friday. iShares Select Dividend ETF has a one year low of $114.37 and a one year high of $144.09. The firm has a market cap of $20.17 billion, a P/E ratio of 13.25 and a beta of 0.87. The firm has a 50-day simple moving average of $133.58 and a 200-day simple moving average of $134.12.

iShares Select Dividend ETF Cuts Dividend

The firm also recently declared 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 was Tuesday, December 17th.

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.