World Investment Advisors Boosts Holdings in iShares Select Dividend ETF (NASDAQ:DVY)

World Investment Advisors increased its position in iShares Select Dividend ETF (NASDAQ:DVY) by 8.6% in the 4th quarter, Holdings Channel.com reports. The firm owned 12,327 shares of the company’s stock after buying an additional 973 shares during the quarter. World Investment Advisors’ holdings in iShares Select Dividend ETF were worth $1,618,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in the company. Thurston Springer Miller Herd & Titak Inc. lifted its holdings in iShares Select Dividend ETF by 340.9% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 194 shares of the company’s stock worth $25,000 after buying an additional 150 shares in the last quarter. Transamerica Financial Advisors Inc. purchased a new stake in shares of iShares Select Dividend ETF during the fourth quarter worth about $27,000. Creative Capital Management Investments LLC acquired a new position in shares of iShares Select Dividend ETF in the fourth quarter worth about $33,000. Millstone Evans Group LLC purchased a new position in iShares Select Dividend ETF in the fourth quarter valued at about $36,000. Finally, Roxbury Financial LLC acquired a new stake in iShares Select Dividend ETF during the 4th quarter valued at approximately $38,000. 46.08% of the stock is owned by institutional investors and hedge funds.

iShares Select Dividend ETF Stock Down 5.4 %

DVY stock opened at $122.07 on Friday. The company has a market capitalization of $18.20 billion, a PE ratio of 14.65 and a beta of 0.78. The stock’s 50 day moving average is $134.31 and its two-hundred day moving average is $135.02. iShares Select Dividend ETF has a 52-week low of $115.43 and a 52-week high of $144.09.

iShares Select Dividend ETF Cuts Dividend

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

iShares Select Dividend ETF Company 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.