Prudential PLC Acquires 8,470 Shares of iShares Select Dividend ETF (NASDAQ:DVY)

Prudential PLC increased its holdings in iShares Select Dividend ETF (NASDAQ:DVYGet Rating) by 7.8% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 117,224 shares of the company’s stock after purchasing an additional 8,470 shares during the quarter. Prudential PLC’s holdings in iShares Select Dividend ETF were worth $14,370,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Sound Income Strategies LLC grew its stake in shares of iShares Select Dividend ETF by 88.3% in the fourth quarter. Sound Income Strategies LLC now owns 226 shares of the company’s stock worth $28,000 after purchasing an additional 106 shares during the last quarter. West Financial Advisors LLC bought a new stake in shares of iShares Select Dividend ETF in the fourth quarter worth $33,000. Maryland Capital Advisors Inc. bought a new stake in shares of iShares Select Dividend ETF in the fourth quarter worth $37,000. Concord Wealth Partners bought a new stake in shares of iShares Select Dividend ETF in the fourth quarter worth $47,000. Finally, Allegheny Financial Group LTD acquired a new position in iShares Select Dividend ETF in the fourth quarter valued at $55,000.

DVY stock traded up $2.20 during midday trading on Tuesday, hitting $128.10. The stock had a trading volume of 14,722 shares, compared to its average volume of 1,344,713. iShares Select Dividend ETF has a 1-year low of $111.53 and a 1-year high of $133.33. The business has a fifty day moving average price of $126.97 and a two-hundred day moving average price of $123.81.

The company also recently announced a quarterly dividend, which was paid on Wednesday, March 30th. Investors of record on Friday, March 25th were issued a $0.888 dividend. This is a positive change from iShares Select Dividend ETF’s previous quarterly dividend of $0.84. The ex-dividend date was Thursday, March 24th. This represents a $3.55 annualized dividend and a yield of 2.77%.

iShares Select Dividend ETF Company Profile (Get Rating)

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

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