Fiducient Advisors LLC Has $2.16 Million Stake in iShares Select Dividend ETF (NASDAQ:DVY)

Fiducient Advisors LLC boosted its stake in iShares Select Dividend ETF (NASDAQ:DVY) by 119.9% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 18,385 shares of the company’s stock after buying an additional 10,024 shares during the quarter. iShares Select Dividend ETF makes up about 0.4% of Fiducient Advisors LLC’s investment portfolio, making the stock its 27th largest position. Fiducient Advisors LLC’s holdings in iShares Select Dividend ETF were worth $2,155,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also bought and sold shares of the company. GAMMA Investing LLC acquired a new position in iShares Select Dividend ETF in the fourth quarter worth $27,000. Parkside Financial Bank & Trust boosted its stake in iShares Select Dividend ETF by 91.2% in the fourth quarter. Parkside Financial Bank & Trust now owns 390 shares of the company’s stock worth $46,000 after purchasing an additional 186 shares in the last quarter. JNBA Financial Advisors boosted its stake in iShares Select Dividend ETF by 26.6% in the third quarter. JNBA Financial Advisors now owns 448 shares of the company’s stock worth $48,000 after purchasing an additional 94 shares in the last quarter. Fortitude Family Office LLC acquired a new position in iShares Select Dividend ETF in the fourth quarter worth $57,000. Finally, Financial Connections Group Inc. acquired a new position in iShares Select Dividend ETF in the fourth quarter worth $58,000. Institutional investors and hedge funds own 46.08% of the company’s stock.

iShares Select Dividend ETF Stock Performance

iShares Select Dividend ETF stock traded down $1.25 on Tuesday, reaching $119.40. The company’s stock had a trading volume of 452,595 shares, compared to its average volume of 569,247. The company has a market cap of $18.15 billion, a price-to-earnings ratio of 12.98 and a beta of 0.87. iShares Select Dividend ETF has a twelve month low of $102.66 and a twelve month high of $123.43. The business’s fifty day moving average price is $119.30 and its 200 day moving average price is $115.12.

iShares Select Dividend ETF Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, March 27th. Stockholders of record on Friday, March 22nd were given a dividend of $0.9976 per share. The ex-dividend date of this dividend was Thursday, March 21st. This represents a $3.99 dividend on an annualized basis and a dividend yield of 3.34%.

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.