Baker Tilly Wealth Management LLC Has $432,000 Stock Holdings in iShares Select Dividend ETF (NASDAQ:DVY)

view original post

Baker Tilly Wealth Management LLC decreased its holdings in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 7.1% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 3,767 shares of the company’s stock after selling 289 shares during the period. Baker Tilly Wealth Management LLC’s holdings in iShares Select Dividend ETF were worth $432,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Valmark Advisers Inc. raised its holdings in shares of iShares Select Dividend ETF by 18.6% in the second quarter. Valmark Advisers Inc. now owns 105,458 shares of the company’s stock valued at $12,299,000 after purchasing an additional 16,520 shares during the last quarter. ProVise Management Group LLC purchased a new stake in shares of iShares Select Dividend ETF in the third quarter valued at about $437,000. Fulton Breakefield Broenniman LLC raised its holdings in shares of iShares Select Dividend ETF by 4.9% in the third quarter. Fulton Breakefield Broenniman LLC now owns 25,868 shares of the company’s stock valued at $2,968,000 after purchasing an additional 1,211 shares during the last quarter. Edge Wealth Management LLC raised its holdings in shares of iShares Select Dividend ETF by 8.5% in the third quarter. Edge Wealth Management LLC now owns 12,455 shares of the company’s stock valued at $1,429,000 after purchasing an additional 981 shares during the last quarter. Finally, Providence Wealth Advisors LLC raised its holdings in shares of iShares Select Dividend ETF by 23.0% in the second quarter. Providence Wealth Advisors LLC now owns 17,325 shares of the company’s stock valued at $2,023,000 after purchasing an additional 3,240 shares during the last quarter.

Shares of DVY stock opened at $120.52 on Monday. The firm has a 50-day moving average of $119.33 and a 200-day moving average of $117.90. iShares Select Dividend ETF has a one year low of $94.12 and a one year high of $124.34.

The company also recently announced a quarterly dividend, which was paid on Friday, December 17th. Stockholders of record on Tuesday, December 14th were issued a $0.837 dividend. The ex-dividend date was Monday, December 13th. This represents a $3.35 annualized dividend and a dividend yield of 2.78%.

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.

Recommended Story: Sell-Side Analysts

Want More Great Investing Ideas?