CapWealth Advisors LLC Has $637,000 Stock Position in iShares Select Dividend ETF (NASDAQ:DVY)

CapWealth Advisors LLC reduced its position in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 5.6% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 5,432 shares of the company’s stock after selling 323 shares during the quarter. CapWealth Advisors LLC’s holdings in iShares Select Dividend ETF were worth $637,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Moneta Group Investment Advisors LLC increased its stake in shares of iShares Select Dividend ETF by 107,178.5% in the 4th quarter. Moneta Group Investment Advisors LLC now owns 75,921,028 shares of the company’s stock valued at $9,156,076,000 after acquiring an additional 75,850,258 shares during the last quarter. International Assets Investment Management LLC increased its stake in shares of iShares Select Dividend ETF by 12,638.3% in the 4th quarter. International Assets Investment Management LLC now owns 2,407,409 shares of the company’s stock valued at $282,196,000 after acquiring an additional 2,388,510 shares during the last quarter. Sowell Financial Services LLC increased its stake in shares of iShares Select Dividend ETF by 7,874.8% in the 1st quarter. Sowell Financial Services LLC now owns 1,287,928 shares of the company’s stock valued at $113,110,000 after acquiring an additional 1,271,778 shares during the last quarter. Morgan Stanley increased its stake in shares of iShares Select Dividend ETF by 12.1% in the 4th quarter. Morgan Stanley now owns 7,648,470 shares of the company’s stock valued at $922,406,000 after acquiring an additional 823,118 shares during the last quarter. Finally, Comerica Bank bought a new stake in shares of iShares Select Dividend ETF in the 3rd quarter valued at about $61,160,000. 46.08% of the stock is owned by institutional investors.

iShares Select Dividend ETF Trading Up 0.4 %

Shares of DVY stock traded up $0.44 on Thursday, reaching $116.79. The company had a trading volume of 170,211 shares, compared to its average volume of 577,652. The stock has a market cap of $17.92 billion, a PE ratio of 11.69 and a beta of 0.87. The company has a 50-day moving average of $118.43 and a 200-day moving average of $114.20. iShares Select Dividend ETF has a 12 month low of $102.66 and a 12 month high of $123.43.

iShares Select Dividend ETF Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, March 27th. Investors of record on Friday, March 22nd were paid a dividend of $0.9976 per share. The ex-dividend date of this dividend was Thursday, March 21st. This represents a $3.99 dividend on an annualized basis and a yield of 3.42%.

About iShares Select Dividend ETF

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.