LFA Lugano Financial Advisors SA Has $843,000 Position in iShares Select Dividend ETF (NASDAQ:DVY)

LFA Lugano Financial Advisors SA boosted its holdings in iShares Select Dividend ETF (NASDAQ:DVY) by 2,457.1% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 8,464 shares of the company’s stock after purchasing an additional 8,133 shares during the quarter. iShares Select Dividend ETF comprises approximately 0.5% of LFA Lugano Financial Advisors SA’s investment portfolio, making the stock its 28th largest holding. LFA Lugano Financial Advisors SA’s holdings in iShares Select Dividend ETF were worth $843,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Ellis Investment Partners LLC grew its position in iShares Select Dividend ETF by 10,131.5% in the 1st quarter. Ellis Investment Partners LLC now owns 17,238,370 shares of the company’s stock valued at $17,238,000 after purchasing an additional 17,069,887 shares during the period. PNC Financial Services Group Inc. grew its position in iShares Select Dividend ETF by 1.0% in the 1st quarter. PNC Financial Services Group Inc. now owns 4,876,149 shares of the company’s stock valued at $478,741,000 after purchasing an additional 48,080 shares during the period. Northwestern Mutual Wealth Management Co. grew its position in iShares Select Dividend ETF by 1.8% in the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 859,945 shares of the company’s stock valued at $84,428,000 after purchasing an additional 15,373 shares during the period. Joseph P. Lucia & Associates LLC acquired a new stake in iShares Select Dividend ETF in the 1st quarter valued at $7,736,000. Finally, Commonwealth Equity Services LLC grew its position in iShares Select Dividend ETF by 13.3% in the 1st quarter. Commonwealth Equity Services LLC now owns 733,357 shares of the company’s stock valued at $72,001,000 after purchasing an additional 85,817 shares during the period.

NASDAQ DVY traded up $1.43 during mid-day trading on Friday, hitting $96.69. The company’s stock had a trading volume of 391,800 shares, compared to its average volume of 629,668. The company’s 50 day simple moving average is $99.55 and its 200 day simple moving average is $98.55. iShares Select Dividend ETF has a twelve month low of $84.62 and a twelve month high of $102.54.

iShares Select Dividend ETF 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.

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

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