Meeder Advisory Services Inc. Raises Holdings in iShares Select Dividend ETF (NASDAQ:DVY)

Meeder Advisory Services Inc. raised its position in iShares Select Dividend ETF (NASDAQ:DVY) by 13.8% during the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 4,199 shares of the company’s stock after purchasing an additional 508 shares during the period. Meeder Advisory Services Inc.’s holdings in iShares Select Dividend ETF were worth $551,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. National Bank of Canada FI lifted its stake in shares of iShares Select Dividend ETF by 16.4% in the fourth quarter. National Bank of Canada FI now owns 245,473 shares of the company’s stock worth $32,228,000 after buying an additional 34,520 shares in the last quarter. Riggs Capital Management LLC acquired a new stake in iShares Select Dividend ETF in the 4th quarter valued at about $557,000. Summit Financial LLC lifted its stake in iShares Select Dividend ETF by 13.3% in the 4th quarter. Summit Financial LLC now owns 3,446 shares of the company’s stock worth $452,000 after purchasing an additional 404 shares in the last quarter. Hoey Investments Inc. boosted its holdings in shares of iShares Select Dividend ETF by 10,175.0% during the 4th quarter. Hoey Investments Inc. now owns 411 shares of the company’s stock worth $54,000 after purchasing an additional 407 shares during the last quarter. Finally, Alliancebernstein L.P. grew its position in shares of iShares Select Dividend ETF by 2.6% in the fourth quarter. Alliancebernstein L.P. now owns 27,758 shares of the company’s stock valued at $3,644,000 after purchasing an additional 714 shares in the last quarter. Institutional investors and hedge funds own 46.08% of the company’s stock.

iShares Select Dividend ETF Stock Performance

NASDAQ:DVY opened at $129.05 on Friday. iShares Select Dividend ETF has a one year low of $115.43 and a one year high of $144.09. The stock has a market cap of $19.20 billion, a PE ratio of 15.96 and a beta of 0.87. The stock has a 50 day moving average price of $134.57 and a 200 day moving average price of $135.11.

iShares Select Dividend ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Friday, March 21st. Shareholders of record on Tuesday, March 18th were paid 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.