Prepared Retirement Institute LLC Acquires 3,361 Shares of iShares Select Dividend ETF $DVY

Prepared Retirement Institute LLC lifted its holdings in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 128.0% during the 4th quarter, Holdings Channel.com reports. The firm owned 5,987 shares of the company’s stock after buying an additional 3,361 shares during the quarter. Prepared Retirement Institute LLC’s holdings in iShares Select Dividend ETF were worth $845,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. First Horizon Corp bought a new position in shares of iShares Select Dividend ETF during the 3rd quarter valued at $1,585,000. Advisory Services Network LLC grew its holdings in iShares Select Dividend ETF by 11.8% in the 3rd quarter. Advisory Services Network LLC now owns 128,690 shares of the company’s stock worth $18,287,000 after acquiring an additional 13,536 shares during the last quarter. HighTower Advisors LLC grew its holdings in iShares Select Dividend ETF by 5.2% in the 3rd quarter. HighTower Advisors LLC now owns 329,839 shares of the company’s stock worth $46,870,000 after acquiring an additional 16,296 shares during the last quarter. Park Avenue Securities LLC bought a new stake in iShares Select Dividend ETF in the 3rd quarter worth $1,595,000. Finally, FAS Wealth Partners Inc. grew its holdings in iShares Select Dividend ETF by 12.5% in the 3rd quarter. FAS Wealth Partners Inc. now owns 31,308 shares of the company’s stock worth $4,449,000 after acquiring an additional 3,467 shares during the last quarter. Institutional investors own 46.08% of the company’s stock.

iShares Select Dividend ETF Stock Down 0.9%

Shares of iShares Select Dividend ETF stock opened at $151.91 on Friday. The firm has a market cap of $22.36 billion, a PE ratio of 13.69 and a beta of 0.71. iShares Select Dividend ETF has a 12-month low of $126.22 and a 12-month high of $160.38. The company’s fifty day simple moving average is $152.51 and its two-hundred day simple moving average is $146.92.

iShares Select Dividend ETF Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, March 20th. Shareholders of record on Tuesday, March 17th were issued a $1.1493 dividend. This represents a $4.60 dividend on an annualized basis and a yield of 3.0%. The ex-dividend date of this dividend was Tuesday, March 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. The Index consists of 100 of the highest dividend-yielding securities (excluding real estate investment trusts (REITs) in the Dow Jones U.S.