B. Riley Wealth Advisors Inc. Increases Stock Holdings in iShares Select Dividend ETF (NASDAQ:DVY)

B. Riley Wealth Advisors Inc. lifted its stake in iShares Select Dividend ETF (NASDAQ:DVY – Get Rating) by 62.4% in the third quarter, Holdings Channel.com reports. The firm owned 19,777 shares of the company’s stock after buying an additional 7,596 shares during the period. B. Riley Wealth Advisors Inc.’s holdings in iShares Select Dividend ETF were worth $2,121,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of DVY. Northern Oak Wealth Management Inc. purchased a new position in shares of iShares Select Dividend ETF in the 2nd quarter worth approximately $29,000. Beaird Harris Wealth Management LLC boosted its holdings in iShares Select Dividend ETF by 155.0% during the 2nd quarter. Beaird Harris Wealth Management LLC now owns 255 shares of the company’s stock valued at $30,000 after acquiring an additional 155 shares during the period. Ten Capital Wealth Advisors LLC purchased a new position in iShares Select Dividend ETF during the 3rd quarter valued at $35,000. Almanack Investment Partners LLC. purchased a new position in iShares Select Dividend ETF during the 3rd quarter valued at $35,000. Finally, JNBA Financial Advisors boosted its holdings in iShares Select Dividend ETF by 136.0% during the 3rd quarter. JNBA Financial Advisors now owns 354 shares of the company’s stock valued at $38,000 after acquiring an additional 204 shares during the period. Hedge funds and other institutional investors own 43.99% of the company’s stock.

iShares Select Dividend ETF Stock Down 1.9 %

DVY opened at $112.48 on Friday. The business has a fifty day moving average of $122.38 and a 200 day moving average of $119.75. iShares Select Dividend ETF has a 52-week low of $105.59 and a 52-week high of $133.33. The stock has a market cap of $21.25 billion, a P/E ratio of 11.69 and a beta of 0.88.

iShares Select Dividend ETF Profile

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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.