iShares Select Dividend ETF (NASDAQ:DVY) Shares Acquired by Royal Bank of Canada

Royal Bank of Canada lifted its stake in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 4.5% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 2,346,687 shares of the company’s stock after acquiring an additional 100,103 shares during the period. Royal Bank of Canada’s holdings in iShares Select Dividend ETF were worth $308,096,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in DVY. Charles Schwab Investment Management Inc. boosted its stake in iShares Select Dividend ETF by 588.4% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 288,441 shares of the company’s stock worth $37,869,000 after buying an additional 246,540 shares during the last quarter. LPL Financial LLC boosted its stake in iShares Select Dividend ETF by 8.9% in the 4th quarter. LPL Financial LLC now owns 1,596,398 shares of the company’s stock worth $209,591,000 after buying an additional 130,573 shares during the last quarter. Accredited Investors Inc. boosted its stake in iShares Select Dividend ETF by 37.3% in the 4th quarter. Accredited Investors Inc. now owns 3,141 shares of the company’s stock worth $412,000 after buying an additional 853 shares during the last quarter. Regatta Capital Group LLC boosted its stake in iShares Select Dividend ETF by 6.7% in the 4th quarter. Regatta Capital Group LLC now owns 3,965 shares of the company’s stock worth $521,000 after buying an additional 250 shares during the last quarter. Finally, Private Trust Co. NA boosted its stake in iShares Select Dividend ETF by 1.5% in the 4th quarter. Private Trust Co. NA now owns 8,136 shares of the company’s stock worth $1,068,000 after buying an additional 121 shares during the last quarter. Institutional investors and hedge funds own 46.08% of the company’s stock.

iShares Select Dividend ETF Trading Up 1.0%

Shares of NASDAQ:DVY opened at $133.78 on Friday. The stock’s 50-day moving average price is $129.02 and its two-hundred day moving average price is $133.33. iShares Select Dividend ETF has a 12-month low of $115.94 and a 12-month high of $144.09. The firm has a market cap of $19.79 billion, a price-to-earnings ratio of 14.94 and a beta of 0.87.

iShares Select Dividend ETF Cuts Dividend

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