Financial Advocates Investment Management acquired a new position in iShares Select Dividend ETF (NASDAQ:DVY) during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 10,085 shares of the company’s stock, valued at approximately $995,000.
Several other hedge funds have also recently added to or reduced their stakes in DVY. Wells Fargo & Company MN increased its holdings in shares of iShares Select Dividend ETF by 7.8% in the 4th quarter. Wells Fargo & Company MN now owns 5,717,278 shares of the company’s stock worth $563,495,000 after acquiring an additional 412,905 shares during the period. BlackRock Inc. increased its stake in iShares Select Dividend ETF by 21.6% during the 4th quarter. BlackRock Inc. now owns 1,502,236 shares of the company’s stock valued at $148,061,000 after buying an additional 266,358 shares during the period. Epstein & White Financial LLC acquired a new position in iShares Select Dividend ETF during the 4th quarter valued at about $22,232,000. Stephens Inc. AR increased its stake in iShares Select Dividend ETF by 232.5% during the 4th quarter. Stephens Inc. AR now owns 226,776 shares of the company’s stock valued at $22,351,000 after buying an additional 158,570 shares during the period. Finally, Miller Howard Investments Inc. NY acquired a new position in iShares Select Dividend ETF during the 4th quarter valued at about $13,969,000.
iShares Select Dividend ETF stock traded down $1.54 during trading hours on Friday, hitting $94.70. 795,204 shares of the company traded hands, compared to its average volume of 898,374. iShares Select Dividend ETF has a 1-year low of $89.53 and a 1-year high of $102.32.
TRADEMARK VIOLATION NOTICE: This report was originally reported by Dispatch Tribunal and is the sole property of of Dispatch Tribunal. If you are reading this report on another domain, it was illegally stolen and republished in violation of US & international trademark and copyright legislation. The correct version of this report can be viewed at https://www.dispatchtribunal.com/2018/04/08/financial-advocates-investment-management-invests-995000-in-ishares-select-dividend-etf-dvy-stock.html.
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.
Receive News & Ratings for iShares Select Dividend ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Select Dividend ETF and related companies with MarketBeat.com's FREE daily email newsletter.