Financial Engines Advisors L.L.C. Grows Position in iShares Select Dividend ETF (NASDAQ:DVY)

Financial Engines Advisors L.L.C. raised its stake in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 35.8% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 5,430 shares of the company’s stock after acquiring an additional 1,431 shares during the period. Financial Engines Advisors L.L.C.’s holdings in iShares Select Dividend ETF were worth $713,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of the company. Wealthfront Advisers LLC boosted its stake in iShares Select Dividend ETF by 194,486.4% in the fourth quarter. Wealthfront Advisers LLC now owns 24,488,697 shares of the company’s stock valued at $3,215,121,000 after acquiring an additional 24,476,112 shares during the last quarter. Bank of New York Mellon Corp increased its position in iShares Select Dividend ETF by 0.7% in the fourth quarter. Bank of New York Mellon Corp now owns 1,881,782 shares of the company’s stock worth $247,059,000 after buying an additional 13,228 shares during the last quarter. LPL Financial LLC raised its stake in shares of iShares Select Dividend ETF by 8.9% in the fourth quarter. LPL Financial LLC now owns 1,596,398 shares of the company’s stock valued at $209,591,000 after buying an additional 130,573 shares during the period. JPMorgan Chase & Co. increased its holdings in iShares Select Dividend ETF by 0.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,380,841 shares of the company’s stock worth $186,510,000 after acquiring an additional 7,012 shares during the last quarter. Finally, Truist Financial Corp raised its stake in iShares Select Dividend ETF by 3.9% in the 4th quarter. Truist Financial Corp now owns 1,195,080 shares of the company’s stock valued at $156,902,000 after acquiring an additional 44,508 shares during the period. 46.08% of the stock is owned by hedge funds and other institutional investors.

iShares Select Dividend ETF Stock Down 0.1 %

Shares of NASDAQ:DVY opened at $133.83 on Friday. The firm has a market capitalization of $19.89 billion, a PE ratio of 15.96 and a beta of 0.87. The company has a 50-day moving average price of $134.75 and a two-hundred day moving average price of $135.09. iShares Select Dividend ETF has a twelve month low of $115.43 and a twelve month high of $144.09.

iShares Select Dividend ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Friday, March 21st. Investors of record on Tuesday, March 18th were paid a $1.0495 dividend. The ex-dividend date of this dividend was Tuesday, March 18th.

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.