Park Avenue Securities LLC Raises Position in iShares Select Dividend ETF (NASDAQ:DVY)

Park Avenue Securities LLC increased its holdings in iShares Select Dividend ETF (NASDAQ:DVY) by 1.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 8,718 shares of the company’s stock after purchasing an additional 101 shares during the period. Park Avenue Securities LLC’s holdings in iShares Select Dividend ETF were worth $1,145,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in DVY. International Assets Investment Management LLC increased its holdings in shares of iShares Select Dividend ETF by 17,525.9% during the 3rd quarter. International Assets Investment Management LLC now owns 4,372,993 shares of the company’s stock worth $590,660,000 after buying an additional 4,348,183 shares during the last quarter. LPL Financial LLC increased its stake in iShares Select Dividend ETF by 4.6% during the third quarter. LPL Financial LLC now owns 1,465,825 shares of the company’s stock worth $197,989,000 after acquiring an additional 64,620 shares during the last quarter. JPMorgan Chase & Co. raised its holdings in shares of iShares Select Dividend ETF by 0.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,380,841 shares of the company’s stock worth $186,510,000 after purchasing an additional 7,012 shares during the period. Raymond James & Associates lifted its stake in shares of iShares Select Dividend ETF by 2.9% in the 3rd quarter. Raymond James & Associates now owns 584,439 shares of the company’s stock valued at $78,940,000 after purchasing an additional 16,512 shares in the last quarter. Finally, Rockefeller Capital Management L.P. grew its holdings in shares of iShares Select Dividend ETF by 0.5% during the 3rd quarter. Rockefeller Capital Management L.P. now owns 403,745 shares of the company’s stock worth $54,510,000 after purchasing an additional 2,072 shares during the period. 46.08% of the stock is currently owned by hedge funds and other institutional investors.

iShares Select Dividend ETF Stock Performance

NASDAQ DVY opened at $134.80 on Monday. The firm has a market capitalization of $20.47 billion, a price-to-earnings ratio of 13.25 and a beta of 0.87. iShares Select Dividend ETF has a one year low of $112.42 and a one year high of $144.09. The company’s 50 day moving average price is $135.84 and its 200 day moving average price is $132.90.

iShares Select Dividend ETF Cuts Dividend

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

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.