2,180 Shares in iShares Select Dividend ETF $DVY Bought by JB Capital LLC

JB Capital LLC bought a new stake in iShares Select Dividend ETF (NASDAQ:DVY) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 2,180 shares of the company’s stock, valued at approximately $290,000.

A number of other institutional investors have also added to or reduced their stakes in DVY. Northern Trust Corp grew its holdings in shares of iShares Select Dividend ETF by 6.7% in the first quarter. Northern Trust Corp now owns 3,093,549 shares of the company’s stock valued at $415,433,000 after acquiring an additional 194,941 shares in the last quarter. LPL Financial LLC lifted its stake in iShares Select Dividend ETF by 1.1% in the first quarter. LPL Financial LLC now owns 1,613,201 shares of the company’s stock valued at $216,637,000 after purchasing an additional 16,803 shares during the last quarter. Kingstone Capital Partners Texas LLC bought a new stake in iShares Select Dividend ETF in the 2nd quarter valued at about $178,925,000. Raymond James Financial Inc. lifted its holdings in iShares Select Dividend ETF by 2.1% during the first quarter. Raymond James Financial Inc. now owns 1,215,308 shares of the company’s stock valued at $163,204,000 after purchasing an additional 24,643 shares during the last quarter. Finally, Truist Financial Corp boosted its position in iShares Select Dividend ETF by 1.4% during the second quarter. Truist Financial Corp now owns 1,165,722 shares of the company’s stock worth $154,820,000 after purchasing an additional 15,783 shares during the period. 46.08% of the stock is owned by institutional investors.

iShares Select Dividend ETF Trading Down 1.8%

iShares Select Dividend ETF stock opened at $138.16 on Friday. The firm has a 50 day simple moving average of $140.19 and a 200 day simple moving average of $134.26. iShares Select Dividend ETF has a 1-year low of $115.94 and a 1-year high of $144.09. The firm has a market capitalization of $20.32 billion, a price-to-earnings ratio of 13.69 and a beta of 0.87.

iShares Select Dividend ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 19th. Investors of record on Tuesday, September 16th were paid a dividend of $1.2465 per share. This is a positive change from iShares Select Dividend ETF’s previous quarterly dividend of $1.23. This represents a $4.99 annualized dividend and a yield of 3.6%. The ex-dividend date of this dividend was Tuesday, September 16th.

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.