High Falls Advisors Inc increased its holdings in iShares Select Dividend ETF (NASDAQ:DVY) by 2.7% in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 194,902 shares of the company’s stock after purchasing an additional 5,169 shares during the period. iShares Select Dividend ETF makes up about 6.8% of High Falls Advisors Inc’s holdings, making the stock its 3rd biggest holding. High Falls Advisors Inc’s holdings in iShares Select Dividend ETF were worth $19,210,000 at the end of the most recent quarter.
Other institutional investors have also made changes to their positions in the company. First Interstate Bank raised its holdings in iShares Select Dividend ETF by 148.0% during the 3rd quarter. First Interstate Bank now owns 1,240 shares of the company’s stock valued at $116,000 after buying an additional 740 shares during the last quarter. Independence Bank of Kentucky bought a new stake in iShares Select Dividend ETF during the 4th quarter valued at $127,000. Trust Department MB Financial Bank N A raised its holdings in iShares Select Dividend ETF by 419.3% during the 4th quarter. Trust Department MB Financial Bank N A now owns 1,558 shares of the company’s stock valued at $154,000 after buying an additional 1,258 shares during the last quarter. Ruggie Capital Group bought a new stake in iShares Select Dividend ETF during the 4th quarter valued at $159,000. Finally, Mandatum Life Insurance Co Ltd bought a new stake in iShares Select Dividend ETF during the 4th quarter valued at $172,000.
iShares Select Dividend ETF (DVY) traded up $0.18 during trading hours on Tuesday, reaching $96.72. 63,331 shares of the company were exchanged, compared to its average volume of 896,737. iShares Select Dividend ETF has a 52 week low of $89.53 and a 52 week high of $102.32. The company has a market cap of $17,040.00, a price-to-earnings ratio of 16.49 and a beta of 0.74.
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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.
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