Avantax Advisory Services Inc. Grows Holdings in iShares Select Dividend ETF (NASDAQ:DVY)

Avantax Advisory Services Inc. lifted its position in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 1.2% during the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 101,504 shares of the company’s stock after buying an additional 1,252 shares during the period. Avantax Advisory Services Inc.’s holdings in iShares Select Dividend ETF were worth $13,327,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Thurston Springer Miller Herd & Titak Inc. grew its holdings in iShares Select Dividend ETF by 340.9% in the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 194 shares of the company’s stock valued at $25,000 after purchasing an additional 150 shares during the period. Creative Capital Management Investments LLC purchased a new stake in iShares Select Dividend ETF during the fourth quarter worth approximately $33,000. Roxbury Financial LLC acquired a new stake in shares of iShares Select Dividend ETF in the fourth quarter worth $38,000. JDM Financial Group LLC lifted its holdings in shares of iShares Select Dividend ETF by 33.3% during the 3rd quarter. JDM Financial Group LLC now owns 300 shares of the company’s stock valued at $41,000 after acquiring an additional 75 shares in the last quarter. Finally, Weaver Capital Management LLC purchased a new stake in iShares Select Dividend ETF during the 4th quarter worth $43,000. 46.08% of the stock is owned by hedge funds and other institutional investors.

iShares Select Dividend ETF Trading Down 0.6 %

Shares of NASDAQ DVY opened at $130.95 on Thursday. The stock has a fifty day moving average price of $134.27 and a 200 day moving average price of $135.07. The company has a market cap of $19.47 billion, a P/E 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 business also recently declared a dividend, which was paid on Friday, December 20th. Shareholders of record on Tuesday, December 17th were issued a $1.3164 dividend. The ex-dividend date of this dividend was Tuesday, December 17th.

About iShares Select Dividend ETF

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.