Cwm LLC Purchases 4,279 Shares of iShares Select Dividend ETF $DVY

Cwm LLC lifted its position in iShares Select Dividend ETF (NASDAQ:DVY) by 9.0% during the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 51,959 shares of the company’s stock after purchasing an additional 4,279 shares during the quarter. Cwm LLC’s holdings in iShares Select Dividend ETF were worth $6,901,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. Financial Gravity Asset Management Inc. bought a new stake in shares of iShares Select Dividend ETF in the 1st quarter worth about $30,000. IMA Advisory Services Inc. bought a new stake in shares of iShares Select Dividend ETF in the 1st quarter worth about $34,000. Cypress Capital Management LLC WY bought a new stake in shares of iShares Select Dividend ETF in the 1st quarter worth about $35,000. First Pacific Financial bought a new stake in shares of iShares Select Dividend ETF in the 1st quarter worth about $40,000. Finally, Rossby Financial LCC bought a new stake in shares of iShares Select Dividend ETF in the 1st quarter worth about $60,000. Institutional investors own 46.08% of the company’s stock.

iShares Select Dividend ETF Stock Up 0.2%

Shares of NASDAQ DVY opened at $141.44 on Thursday. The firm’s 50-day simple moving average is $140.50 and its 200 day simple moving average is $134.41. The company has a market cap of $20.81 billion, a price-to-earnings ratio of 13.69 and a beta of 0.87. iShares Select Dividend ETF has a 12-month low of $115.94 and a 12-month high of $144.09.

iShares Select Dividend ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, September 19th. Investors of record on Tuesday, September 16th were given a dividend of $1.2465 per share. This is a positive change from iShares Select Dividend ETF’s previous quarterly dividend of $1.23. The ex-dividend date was Tuesday, September 16th. This represents a $4.99 annualized dividend and a yield of 3.5%.

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.