Spirepoint Private Client LLC Buys Shares of 1,853 iShares Select Dividend ETF $DVY

Spirepoint Private Client LLC bought a new stake in shares of iShares Select Dividend ETF (NASDAQ:DVY) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 1,853 shares of the company’s stock, valued at approximately $246,000.

Several other institutional investors also recently bought and sold shares of DVY. Brighton Jones LLC raised its holdings in iShares Select Dividend ETF by 14.3% during the fourth quarter. Brighton Jones LLC now owns 12,212 shares of the company’s stock valued at $1,603,000 after buying an additional 1,524 shares in the last quarter. Wealth Enhancement Advisory Services LLC raised its holdings in iShares Select Dividend ETF by 24.4% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 190,615 shares of the company’s stock valued at $25,026,000 after buying an additional 37,350 shares in the last quarter. Legacy Private Trust Co. raised its holdings in iShares Select Dividend ETF by 25.4% during the first quarter. Legacy Private Trust Co. now owns 15,885 shares of the company’s stock valued at $2,133,000 after buying an additional 3,216 shares in the last quarter. Webster Bank N. A. raised its holdings in iShares Select Dividend ETF by 129.9% during the first quarter. Webster Bank N. A. now owns 19,734 shares of the company’s stock valued at $2,650,000 after buying an additional 11,151 shares in the last quarter. Finally, AdvisorNet Financial Inc raised its holdings in iShares Select Dividend ETF by 157.3% during the first quarter. AdvisorNet Financial Inc now owns 2,105 shares of the company’s stock valued at $283,000 after buying an additional 1,287 shares in the last quarter. 46.08% of the stock is currently owned by institutional investors.

iShares Select Dividend ETF Price Performance

NASDAQ DVY opened at $141.36 on Friday. The stock’s 50-day moving average is $139.16 and its two-hundred day moving average is $133.66. The firm has a market cap of $20.72 billion, a P/E ratio of 13.69 and a beta of 0.87. iShares Select Dividend ETF has a fifty-two week low of $115.94 and a fifty-two week high of $144.09.

iShares Select Dividend ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, September 19th. Shareholders of record on Tuesday, September 16th were issued a $1.2465 dividend. This is an increase from iShares Select Dividend ETF’s previous quarterly dividend of $1.23. The ex-dividend date of this dividend was Tuesday, September 16th. This represents a $4.99 dividend on an annualized basis and a yield of 3.5%.

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.