Perennial Investment Advisors LLC Has $382,000 Stock Holdings in iShares Select Dividend ETF (NASDAQ:DVY)

Perennial Investment Advisors LLC increased its position in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 61.4% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 2,908 shares of the company’s stock after buying an additional 1,106 shares during the period. Perennial Investment Advisors LLC’s holdings in iShares Select Dividend ETF were worth $382,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Cullen Capital Management LLC bought a new position in iShares Select Dividend ETF in the 4th quarter worth approximately $3,427,000. KCM Investment Advisors LLC increased its position in iShares Select Dividend ETF by 1.8% during the fourth quarter. KCM Investment Advisors LLC now owns 52,910 shares of the company’s stock worth $6,947,000 after acquiring an additional 911 shares during the period. Wells Fargo & Company MN raised its stake in iShares Select Dividend ETF by 5.0% during the 4th 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. boosted its holdings in iShares Select Dividend ETF by 2.2% in the 4th quarter. Smith Moore & CO. now owns 9,427 shares of the company’s stock valued at $1,238,000 after purchasing an additional 200 shares during the period. Finally, Annis Gardner Whiting Capital Advisors LLC grew its position in iShares Select Dividend ETF by 452.2% in the 4th 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. 46.08% of the stock is currently owned by institutional investors and hedge funds.

iShares Select Dividend ETF Stock Performance

Shares of DVY opened at $122.07 on Friday. The company has a 50-day simple moving average of $134.31 and a 200-day simple moving average of $135.02. iShares Select Dividend ETF has a 52 week low of $115.43 and a 52 week high of $144.09. The firm has a market capitalization of $18.20 billion, a P/E ratio of 14.65 and a beta of 0.78.

iShares Select Dividend ETF Cuts Dividend

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