Confluence Wealth Services Inc. Acquires Shares of 1,612 iShares Select Dividend ETF (NASDAQ:DVY)

Confluence Wealth Services Inc. acquired a new stake in iShares Select Dividend ETF (NASDAQ:DVY) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 1,612 shares of the company’s stock, valued at approximately $216,000.

Several other large investors also recently bought and sold shares of DVY. Brookstone Capital Management boosted its stake in iShares Select Dividend ETF by 20.8% in the third quarter. Brookstone Capital Management now owns 3,072 shares of the company’s stock valued at $415,000 after acquiring an additional 528 shares in the last quarter. Morton Capital Management LLC CA acquired a new stake in shares of iShares Select Dividend ETF during the third quarter worth about $221,000. Watts Gwilliam & Co. LLC acquired a new stake in shares of iShares Select Dividend ETF during the third quarter worth about $1,584,000. JGP Wealth Management LLC boosted its stake in shares of iShares Select Dividend ETF by 1.8% during the third quarter. JGP Wealth Management LLC now owns 77,547 shares of the company’s stock worth $10,474,000 after buying an additional 1,392 shares during the period. Finally, Asio Capital LLC acquired a new stake in shares of iShares Select Dividend ETF during the third quarter worth about $203,000. Institutional investors and hedge funds own 46.08% of the company’s stock.

iShares Select Dividend ETF Stock Performance

Shares of DVY opened at $134.94 on Friday. iShares Select Dividend ETF has a fifty-two week low of $112.42 and a fifty-two week high of $144.09. The company has a market capitalization of $20.06 billion, a price-to-earnings ratio of 13.25 and a beta of 0.87. The firm has a 50-day simple moving average of $134.49 and a 200-day simple moving average of $133.83.

iShares Select Dividend ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Friday, December 20th. Stockholders of record on Tuesday, December 17th were paid a dividend of $1.3164 per share. 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.