Parkside Financial Bank & Trust Has $46,000 Stake in iShares Select Dividend ETF (NASDAQ:DVY)

Parkside Financial Bank & Trust increased its stake in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 91.2% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 390 shares of the company’s stock after acquiring an additional 186 shares during the period. Parkside Financial Bank & Trust’s holdings in iShares Select Dividend ETF were worth $46,000 as of its most recent filing with the SEC.

Other hedge funds have also made changes to their positions in the company. JNBA Financial Advisors increased its holdings in shares of iShares Select Dividend ETF by 26.6% during the 3rd quarter. JNBA Financial Advisors now owns 448 shares of the company’s stock valued at $48,000 after acquiring an additional 94 shares during the last quarter. Fortitude Family Office LLC acquired a new stake in iShares Select Dividend ETF in the 4th quarter valued at approximately $57,000. Financial Connections Group Inc. acquired a new stake in iShares Select Dividend ETF in the 4th quarter valued at approximately $58,000. Friedenthal Financial acquired a new stake in iShares Select Dividend ETF in the 4th quarter valued at approximately $65,000. Finally, Wetzel Investment Advisors Inc. acquired a new stake in iShares Select Dividend ETF in the 4th quarter valued at approximately $65,000. Institutional investors and hedge funds own 46.08% of the company’s stock.

iShares Select Dividend ETF Stock Down 0.3 %

DVY opened at $119.78 on Friday. The firm has a market capitalization of $18.20 billion, a P/E ratio of 12.98 and a beta of 0.87. The stock’s 50 day moving average price is $119.11 and its two-hundred day moving average price is $114.83. iShares Select Dividend ETF has a 12-month low of $102.66 and a 12-month high of $123.43.

iShares Select Dividend ETF Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, March 27th. Shareholders of record on Friday, March 22nd were issued a $0.9976 dividend. This represents a $3.99 dividend on an annualized basis and a yield of 3.33%. The ex-dividend date of this dividend was Thursday, March 21st.

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.