Carson Advisory Inc. Has $290,000 Holdings in iShares Select Dividend ETF (NASDAQ:DVY)

Carson Advisory Inc. grew its stake in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 27.1% in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 2,159 shares of the company’s stock after acquiring an additional 460 shares during the period. Carson Advisory Inc.’s holdings in iShares Select Dividend ETF were worth $290,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. Wealth Enhancement Advisory Services LLC raised its position in shares of iShares Select Dividend ETF by 5.1% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 200,247 shares of the company’s stock valued at $26,891,000 after buying an additional 9,632 shares in the last quarter. Bessemer Group Inc. raised its position in shares of iShares Select Dividend ETF by 350.4% during the 1st quarter. Bessemer Group Inc. now owns 12,899 shares of the company’s stock valued at $1,733,000 after buying an additional 10,035 shares in the last quarter. GAMMA Investing LLC grew its holdings in shares of iShares Select Dividend ETF by 549.1% during the 1st quarter. GAMMA Investing LLC now owns 1,506 shares of the company’s stock valued at $202,000 after purchasing an additional 1,274 shares during the last quarter. Dynamic Advisor Solutions LLC grew its holdings in shares of iShares Select Dividend ETF by 9.0% during the 1st quarter. Dynamic Advisor Solutions LLC now owns 2,421 shares of the company’s stock valued at $325,000 after purchasing an additional 200 shares during the last quarter. Finally, LPL Financial LLC grew its holdings in shares of iShares Select Dividend ETF by 8.9% during the 4th quarter. LPL Financial LLC now owns 1,596,398 shares of the company’s stock valued at $209,591,000 after purchasing an additional 130,573 shares during the last quarter. 46.08% of the stock is owned by institutional investors.

iShares Select Dividend ETF Stock Performance

DVY stock opened at $135.02 on Friday. The firm has a market cap of $19.97 billion, a P/E ratio of 13.69 and a beta of 0.87. iShares Select Dividend ETF has a 52 week low of $115.94 and a 52 week high of $144.09. The firm’s fifty day moving average is $132.52 and its 200 day moving average is $131.95.

iShares Select Dividend ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, June 20th. Stockholders of record on Monday, June 16th were given a $1.2333 dividend. This represents a $4.93 annualized dividend and a dividend yield of 3.65%. This is a boost from iShares Select Dividend ETF’s previous quarterly dividend of $0.93. The ex-dividend date was Monday, June 16th.

iShares Select Dividend ETF Profile

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.