High Net Worth Advisory Group LLC Has $2.48 Million Stake in iShares Select Dividend ETF (NASDAQ:DVY)

High Net Worth Advisory Group LLC reduced its holdings in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 2.4% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 21,861 shares of the company’s stock after selling 545 shares during the quarter. iShares Select Dividend ETF makes up about 1.0% of High Net Worth Advisory Group LLC’s portfolio, making the stock its 24th biggest holding. High Net Worth Advisory Group LLC’s holdings in iShares Select Dividend ETF were worth $2,477,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in the business. Moneta Group Investment Advisors LLC lifted its position in iShares Select Dividend ETF by 107,178.5% during the fourth quarter. Moneta Group Investment Advisors LLC now owns 75,921,028 shares of the company’s stock worth $9,156,076,000 after acquiring an additional 75,850,258 shares during the last quarter. Morgan Stanley increased its stake in shares of iShares Select Dividend ETF by 12.1% during the fourth quarter. Morgan Stanley now owns 7,648,470 shares of the company’s stock worth $922,406,000 after purchasing an additional 823,118 shares during the period. Wells Fargo & Company MN lifted its holdings in iShares Select Dividend ETF by 3.7% during the 4th quarter. Wells Fargo & Company MN now owns 5,582,108 shares of the company’s stock worth $673,202,000 after purchasing an additional 199,430 shares during the last quarter. PNC Financial Services Group Inc. boosted its stake in iShares Select Dividend ETF by 2.1% in the 4th quarter. PNC Financial Services Group Inc. now owns 4,658,191 shares of the company’s stock valued at $561,778,000 after purchasing an additional 96,600 shares during the period. Finally, Bank of New York Mellon Corp grew its holdings in iShares Select Dividend ETF by 6.1% in the 1st quarter. Bank of New York Mellon Corp now owns 4,215,395 shares of the company’s stock valued at $493,960,000 after buying an additional 243,940 shares in the last quarter. 47.25% of the stock is owned by institutional investors and hedge funds.

iShares Select Dividend ETF Stock Down 0.2 %

Shares of DVY traded down $0.28 during midday trading on Friday, reaching $113.86. 173,693 shares of the stock were exchanged, compared to its average volume of 659,732. The stock’s 50 day simple moving average is $114.40 and its 200 day simple moving average is $114.11. The company has a market cap of $19.40 billion, a P/E ratio of 11.69 and a beta of 0.87. iShares Select Dividend ETF has a twelve month low of $105.59 and a twelve month high of $126.89.

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.