Wilmington Savings Fund Society FSB Raises Holdings in iShares Select Dividend ETF $DVY

Wilmington Savings Fund Society FSB lifted its holdings in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 8.1% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 21,095 shares of the company’s stock after buying an additional 1,586 shares during the period. Wilmington Savings Fund Society FSB’s holdings in iShares Select Dividend ETF were worth $2,802,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of DVY. Precedent Wealth Partners LLC lifted its stake in shares of iShares Select Dividend ETF by 0.7% during the second quarter. Precedent Wealth Partners LLC now owns 11,185 shares of the company’s stock worth $1,486,000 after purchasing an additional 77 shares in the last quarter. Keudell Morrison Wealth Management lifted its stake in shares of iShares Select Dividend ETF by 1.0% during the second quarter. Keudell Morrison Wealth Management now owns 8,224 shares of the company’s stock worth $1,092,000 after purchasing an additional 79 shares in the last quarter. Denver Wealth Management Inc. lifted its stake in shares of iShares Select Dividend ETF by 4.2% during the first quarter. Denver Wealth Management Inc. now owns 2,086 shares of the company’s stock worth $280,000 after purchasing an additional 85 shares in the last quarter. CRA Financial Services LLC lifted its stake in shares of iShares Select Dividend ETF by 1.0% during the second quarter. CRA Financial Services LLC now owns 9,620 shares of the company’s stock worth $1,278,000 after purchasing an additional 91 shares in the last quarter. Finally, Fidelity D & D Bancorp Inc. lifted its stake in shares of iShares Select Dividend ETF by 5.7% during the first quarter. Fidelity D & D Bancorp Inc. now owns 1,729 shares of the company’s stock worth $232,000 after purchasing an additional 93 shares in the last quarter. 46.08% of the stock is owned by hedge funds and other institutional investors.

iShares Select Dividend ETF Price Performance

Shares of DVY opened at $141.44 on Thursday. The stock’s 50-day moving average is $140.50 and its two-hundred day moving average is $134.41. The stock has a market cap of $20.81 billion, a PE 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 disclosed a quarterly dividend, which was paid on Friday, September 19th. Shareholders of record on Tuesday, September 16th were paid a dividend of $1.2465 per share. This is a boost from iShares Select Dividend ETF’s previous quarterly dividend of $1.23. This represents a $4.99 dividend on an annualized basis and a dividend yield of 3.5%. The ex-dividend date 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.