Flagship Harbor Advisors LLC Boosts Position in iShares Select Dividend ETF (DVY)

Flagship Harbor Advisors LLC lifted its position in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 7.8% during the 1st quarter, HoldingsChannel reports. The fund owned 16,961 shares of the company’s stock after acquiring an additional 1,220 shares during the quarter. Flagship Harbor Advisors LLC’s holdings in iShares Select Dividend ETF were worth $1,665,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently bought and sold shares of DVY. Bank of America Corp DE increased its position in iShares Select Dividend ETF by 46.2% in the fourth quarter. Bank of America Corp DE now owns 12,377,368 shares of the company’s stock worth $1,105,423,000 after buying an additional 3,913,959 shares during the period. Morgan Stanley increased its position in iShares Select Dividend ETF by 5.8% in the third quarter. Morgan Stanley now owns 4,911,125 shares of the company’s stock worth $489,934,000 after buying an additional 271,391 shares during the period. PNC Financial Services Group Inc. increased its position in iShares Select Dividend ETF by 4.1% in the fourth quarter. PNC Financial Services Group Inc. now owns 4,828,069 shares of the company’s stock worth $431,194,000 after buying an additional 187,933 shares during the period. Suntrust Banks Inc. increased its position in iShares Select Dividend ETF by 8.4% in the fourth quarter. Suntrust Banks Inc. now owns 2,218,692 shares of the company’s stock worth $198,151,000 after buying an additional 172,833 shares during the period. Finally, Miller Howard Investments Inc. NY increased its position in iShares Select Dividend ETF by 400.5% in the fourth quarter. Miller Howard Investments Inc. NY now owns 1,537,785 shares of the company’s stock worth $137,340,000 after buying an additional 1,230,549 shares during the period.

NASDAQ DVY traded down $0.40 during trading hours on Monday, hitting $100.17. The company had a trading volume of 644,079 shares, compared to its average volume of 883,608. iShares Select Dividend ETF has a fifty-two week low of $84.62 and a fifty-two week high of $102.54.

The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 26th. Stockholders of record on Thursday, March 21st were issued a dividend of $0.8712 per share. This represents a $3.48 dividend on an annualized basis and a dividend yield of 3.48%. This is a positive change from iShares Select Dividend ETF’s previous quarterly dividend of $0.75. The ex-dividend date was Wednesday, March 20th.

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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.

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Want to see what other hedge funds are holding DVY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Select Dividend ETF (NASDAQ:DVY).

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

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