iShares Select Dividend ETF $DVY Shares Sold by 1 North Wealth Services LLC

1 North Wealth Services LLC cut its position in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 8.3% during the 2nd quarter, according to the company in its most recent filing with the SEC. The firm owned 1,631 shares of the company’s stock after selling 148 shares during the quarter. 1 North Wealth Services LLC’s holdings in iShares Select Dividend ETF were worth $217,000 as of its most recent filing with the SEC.

Several other hedge funds also recently modified their holdings of the company. Financial Gravity Asset Management Inc. bought a new stake in shares of iShares Select Dividend ETF during the 1st quarter worth $30,000. IMA Advisory Services Inc. bought a new stake in shares of iShares Select Dividend ETF during the 1st quarter worth $34,000. Cypress Capital Management LLC WY bought a new stake in shares of iShares Select Dividend ETF during the 1st quarter worth $35,000. First Pacific Financial bought a new stake in shares of iShares Select Dividend ETF during the 1st quarter worth $40,000. Finally, IAG Wealth Partners LLC bought a new stake in shares of iShares Select Dividend ETF during the 1st quarter worth $54,000. 46.08% of the stock is currently owned by institutional investors and hedge funds.

iShares Select Dividend ETF Stock Down 0.3%

DVY opened at $142.40 on Wednesday. The firm has a market cap of $20.93 billion, a PE ratio of 13.69 and a beta of 0.87. The business has a fifty day simple moving average of $139.87 and a 200-day simple moving average of $134.13. 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. Stockholders of record on Tuesday, September 16th were given a $1.2465 dividend. This represents a $4.99 annualized dividend and a dividend yield of 3.5%. This is a boost from iShares Select Dividend ETF’s previous quarterly dividend of $1.23. The ex-dividend date of this dividend was Tuesday, September 16th.

iShares Select Dividend ETF Company 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.