Arkadios Wealth Advisors Has $1.12 Million Stake in iShares Select Dividend ETF (NASDAQ:DVY)

Arkadios Wealth Advisors cut its position in iShares Select Dividend ETF (NASDAQ:DVY) by 7.6% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 8,539 shares of the company’s stock after selling 698 shares during the quarter. Arkadios Wealth Advisors’ holdings in iShares Select Dividend ETF were worth $1,121,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. International Assets Investment Management LLC lifted its holdings in shares of iShares Select Dividend ETF by 17,525.9% in the third quarter. International Assets Investment Management LLC now owns 4,372,993 shares of the company’s stock worth $590,660,000 after acquiring an additional 4,348,183 shares during the last quarter. LPL Financial LLC lifted its stake in iShares Select Dividend ETF by 4.6% in the 3rd quarter. LPL Financial LLC now owns 1,465,825 shares of the company’s stock valued at $197,989,000 after purchasing an additional 64,620 shares during the last quarter. Sanctuary Advisors LLC acquired a new stake in iShares Select Dividend ETF in the second quarter valued at approximately $5,769,000. Florin Court Capital LLP grew its stake in shares of iShares Select Dividend ETF by 119.7% during the third quarter. Florin Court Capital LLP now owns 65,700 shares of the company’s stock worth $8,874,000 after buying an additional 35,800 shares during the last quarter. Finally, Granite FO LLC bought a new stake in shares of iShares Select Dividend ETF during the second quarter worth $3,774,000. Institutional investors own 46.08% of the company’s stock.

iShares Select Dividend ETF Stock Performance

Shares of DVY opened at $134.80 on Monday. iShares Select Dividend ETF has a 52 week low of $112.42 and a 52 week high of $144.09. The stock has a market capitalization of $20.47 billion, a price-to-earnings ratio of 13.25 and a beta of 0.87. The stock has a fifty day moving average of $135.84 and a 200-day moving average of $132.90.

iShares Select Dividend ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Friday, December 20th. Stockholders of record on Tuesday, December 17th were paid a dividend of $1.3164 per share. The ex-dividend date was Tuesday, December 17th.

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.