Beaumont Financial Advisors LLC Buys 138 Shares of iShares Select Dividend ETF (NASDAQ:DVY)

Beaumont Financial Advisors LLC raised its stake in iShares Select Dividend ETF (NASDAQ:DVY) by 0.2% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 62,790 shares of the company’s stock after buying an additional 138 shares during the period. Beaumont Financial Advisors LLC’s holdings in iShares Select Dividend ETF were worth $8,244,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in the stock. NewEdge Advisors LLC boosted its holdings in shares of iShares Select Dividend ETF by 5.6% during the second quarter. NewEdge Advisors LLC now owns 75,747 shares of the company’s stock worth $9,164,000 after purchasing an additional 4,031 shares during the period. JPMorgan Chase & Co. grew its position in iShares Select Dividend ETF by 0.5% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,380,841 shares of the company’s stock valued at $186,510,000 after purchasing an additional 7,012 shares during the last quarter. Sequoia Financial Advisors LLC increased its position in shares of iShares Select Dividend ETF by 2.2% during the third quarter. Sequoia Financial Advisors LLC now owns 47,836 shares of the company’s stock valued at $6,461,000 after acquiring an additional 1,041 shares in the last quarter. Global Retirement Partners LLC increased its holdings in shares of iShares Select Dividend ETF by 12.0% in the 3rd quarter. Global Retirement Partners LLC now owns 4,232 shares of the company’s stock worth $572,000 after purchasing an additional 455 shares in the last quarter. Finally, ORG Partners LLC increased its holdings in iShares Select Dividend ETF by 331.9% in the 4th quarter. ORG Partners LLC now owns 488 shares of the company’s stock worth $64,000 after buying an additional 375 shares in the last quarter. Hedge funds and other institutional investors own 46.08% of the company’s stock.

iShares Select Dividend ETF Trading Up 1.0 %

Shares of DVY stock opened at $136.14 on Wednesday. iShares Select Dividend ETF has a 12-month low of $112.42 and a 12-month high of $144.09. The stock has a market capitalization of $20.67 billion, a P/E ratio of 13.25 and a beta of 0.87. The firm’s 50 day moving average is $135.76 and its 200 day moving average is $133.00.

iShares Select Dividend ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Friday, December 20th. Investors of record on Tuesday, December 17th were issued a $1.3164 dividend. The ex-dividend date of this dividend was Tuesday, December 17th.

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.