Crestwood Advisors Group LLC Has $387,000 Stake in iShares Select Dividend ETF (NASDAQ:DVY)

Crestwood Advisors Group LLC trimmed its stake in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 18.7% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 3,301 shares of the company’s stock after selling 757 shares during the period. Crestwood Advisors Group LLC’s holdings in iShares Select Dividend ETF were worth $387,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. Tyler Stone Wealth Management acquired a new position in iShares Select Dividend ETF in the second quarter valued at approximately $28,000. Almanack Investment Partners LLC. acquired a new position in iShares Select Dividend ETF in the third quarter valued at approximately $35,000. Financial Freedom LLC acquired a new position in iShares Select Dividend ETF in the fourth quarter valued at approximately $45,000. JNBA Financial Advisors lifted its holdings in iShares Select Dividend ETF by 26.6% in the third quarter. JNBA Financial Advisors now owns 448 shares of the company’s stock valued at $48,000 after buying an additional 94 shares during the period. Finally, Farther Finance Advisors LLC lifted its holdings in iShares Select Dividend ETF by 40.5% in the second quarter. Farther Finance Advisors LLC now owns 451 shares of the company’s stock valued at $51,000 after buying an additional 130 shares during the period. 46.08% of the stock is currently owned by institutional investors and hedge funds.

iShares Select Dividend ETF Stock Performance

DVY opened at $117.54 on Monday. The firm’s fifty day moving average is $118.28 and its two-hundred day moving average is $114.06. The firm has a market cap of $18.05 billion, a PE ratio of 11.69 and a beta of 0.87. iShares Select Dividend ETF has a twelve month low of $102.66 and a twelve month high of $123.43.

iShares Select Dividend ETF Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, March 27th. Shareholders of record on Friday, March 22nd were issued a $0.9976 dividend. The ex-dividend date was Thursday, March 21st. This represents a $3.99 annualized dividend and a yield of 3.39%.

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.