Millennium Capital Advisors LLC Buys New Shares in iShares Select Dividend ETF $DVY

Millennium Capital Advisors LLC bought a new stake in iShares Select Dividend ETF (NASDAQ:DVYFree Report) in the fourth quarter, HoldingsChannel reports. The fund bought 14,197 shares of the company’s stock, valued at approximately $2,004,000. iShares Select Dividend ETF accounts for 1.2% of Millennium Capital Advisors LLC’s portfolio, making the stock its 17th biggest position.

Other institutional investors have also recently bought and sold shares of the company. Elevated Capital Advisors LLC purchased a new stake in iShares Select Dividend ETF in the fourth quarter valued at approximately $26,000. Ransom Advisory Ltd purchased a new stake in iShares Select Dividend ETF during the fourth quarter worth approximately $27,000. Qube Research & Technologies Ltd purchased a new stake in iShares Select Dividend ETF during the second quarter worth approximately $34,000. Headlands Technologies LLC purchased a new stake in iShares Select Dividend ETF during the second quarter worth approximately $38,000. Finally, Arvest Investments Inc. purchased a new stake in iShares Select Dividend ETF during the fourth quarter worth approximately $50,000. 46.08% of the stock is currently owned by hedge funds and other institutional investors.

iShares Select Dividend ETF Stock Down 1.0%

DVY opened at $150.96 on Friday. iShares Select Dividend ETF has a 52-week low of $128.96 and a 52-week high of $160.38. The company has a 50 day moving average of $151.68 and a two-hundred day moving average of $148.05. The company has a market cap of $22.21 billion, a P/E ratio of 13.69 and a beta of 0.67.

iShares Select Dividend ETF Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 20th. Shareholders of record on Tuesday, March 17th were paid a dividend of $1.1493 per share. This represents a $4.60 annualized dividend and a yield of 3.0%. The ex-dividend date was Tuesday, March 17th.

About iShares Select Dividend ETF

(Free Report)

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. The Index consists of 100 of the highest dividend-yielding securities (excluding real estate investment trusts (REITs) in the Dow Jones U.S.

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Want to see what other hedge funds are holding DVY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Select Dividend ETF (NASDAQ:DVYFree Report).

Institutional Ownership by Quarter for iShares Select Dividend ETF (NASDAQ:DVY)

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