Kingswood Wealth Advisors LLC Boosts Stake in iShares Select Dividend ETF (NASDAQ:DVY)

Kingswood Wealth Advisors LLC grew its stake in iShares Select Dividend ETF (NASDAQ:DVY) by 111.5% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 43,297 shares of the company’s stock after acquiring an additional 22,826 shares during the quarter. Kingswood Wealth Advisors LLC’s holdings in iShares Select Dividend ETF were worth $5,685,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in the stock. Thurston Springer Miller Herd & Titak Inc. grew its position in shares of iShares Select Dividend ETF by 340.9% in the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 194 shares of the company’s stock valued at $25,000 after purchasing an additional 150 shares during the period. ORG Wealth Partners LLC purchased a new stake in iShares Select Dividend ETF in the 3rd quarter valued at about $36,000. JDM Financial Group LLC increased its stake in shares of iShares Select Dividend ETF by 33.3% during the 3rd quarter. JDM Financial Group LLC now owns 300 shares of the company’s stock valued at $41,000 after acquiring an additional 75 shares during the last quarter. M&R Capital Management Inc. lifted its holdings in shares of iShares Select Dividend ETF by 1,455.0% during the 3rd quarter. M&R Capital Management Inc. now owns 311 shares of the company’s stock worth $42,000 after acquiring an additional 291 shares during the period. Finally, ORG Partners LLC boosted its position in shares of iShares Select Dividend ETF by 331.9% in the fourth quarter. ORG Partners LLC now owns 488 shares of the company’s stock worth $64,000 after acquiring an additional 375 shares during the last quarter. Institutional investors and hedge funds own 46.08% of the company’s stock.

iShares Select Dividend ETF Stock Performance

iShares Select Dividend ETF stock opened at $135.10 on Monday. The company has a market cap of $20.24 billion, a price-to-earnings ratio of 13.25 and a beta of 0.87. iShares Select Dividend ETF has a 1 year low of $112.42 and a 1 year high of $144.09. The firm has a 50 day moving average price of $135.50 and a 200 day moving average price of $133.32.

iShares Select Dividend ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Friday, December 20th. Stockholders of record on Tuesday, December 17th were issued a dividend of $1.3164 per share. The ex-dividend date of this dividend was Tuesday, December 17th.

iShares Select Dividend ETF 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.