KCM Investment Advisors LLC Has $6.95 Million Holdings in iShares Select Dividend ETF (NASDAQ:DVY)

KCM Investment Advisors LLC increased its holdings in iShares Select Dividend ETF (NASDAQ:DVY) by 1.8% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 52,910 shares of the company’s stock after acquiring an additional 911 shares during the period. KCM Investment Advisors LLC’s holdings in iShares Select Dividend ETF were worth $6,947,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Wells Fargo & Company MN lifted its stake in iShares Select Dividend ETF by 5.0% in the fourth quarter. Wells Fargo & Company MN now owns 3,875,784 shares of the company’s stock valued at $508,852,000 after purchasing an additional 183,589 shares during the last quarter. Smith Moore & CO. grew its position in iShares Select Dividend ETF by 2.2% during the fourth quarter. Smith Moore & CO. now owns 9,427 shares of the company’s stock worth $1,238,000 after buying an additional 200 shares in the last quarter. Annis Gardner Whiting Capital Advisors LLC increased its position in shares of iShares Select Dividend ETF by 452.2% in the fourth quarter. Annis Gardner Whiting Capital Advisors LLC now owns 10,238 shares of the company’s stock worth $1,344,000 after purchasing an additional 8,384 shares during the last quarter. Guidance Point Advisors LLC increased its holdings in shares of iShares Select Dividend ETF by 0.4% in the 4th quarter. Guidance Point Advisors LLC now owns 25,441 shares of the company’s stock worth $3,341,000 after buying an additional 111 shares during the last quarter. Finally, World Investment Advisors increased its stake in iShares Select Dividend ETF by 8.6% in the fourth quarter. World Investment Advisors now owns 12,327 shares of the company’s stock valued at $1,618,000 after acquiring an additional 973 shares during the last quarter. 46.08% of the stock is owned by hedge funds and other institutional investors.

iShares Select Dividend ETF Price Performance

Shares of NASDAQ DVY opened at $122.07 on Friday. The stock has a market capitalization of $18.20 billion, a P/E ratio of 14.65 and a beta of 0.78. The firm’s 50 day simple moving average is $134.31 and its two-hundred day simple moving average is $135.02. iShares Select Dividend ETF has a one year low of $115.43 and a one year high of $144.09.

iShares Select Dividend ETF Cuts Dividend

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