Journey Advisory Group LLC Sells 100 Shares of iShares Select Dividend ETF $DVY

Journey Advisory Group LLC trimmed its holdings in iShares Select Dividend ETF (NASDAQ:DVY) by 1.0% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 9,618 shares of the company’s stock after selling 100 shares during the quarter. Journey Advisory Group LLC’s holdings in iShares Select Dividend ETF were worth $1,277,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in the business. Northern Trust Corp raised 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 buying an additional 194,941 shares during the last quarter. LPL Financial LLC raised its holdings in shares of 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 buying an additional 16,803 shares during the last quarter. Kingstone Capital Partners Texas LLC bought a new position in shares of iShares Select Dividend ETF in the second quarter valued at about $178,925,000. Raymond James Financial Inc. raised its holdings in shares of iShares Select Dividend ETF by 2.1% in the first quarter. Raymond James Financial Inc. now owns 1,215,308 shares of the company’s stock valued at $163,204,000 after buying an additional 24,643 shares during the last quarter. Finally, Truist Financial Corp raised its holdings in shares of iShares Select Dividend ETF by 1.4% in the second quarter. Truist Financial Corp now owns 1,165,722 shares of the company’s stock valued at $154,820,000 after buying an additional 15,783 shares during the last quarter. 46.08% of the stock is owned by institutional investors.

iShares Select Dividend ETF Trading Up 0.8%

Shares of NASDAQ:DVY opened at $141.28 on Tuesday. The stock has a market capitalization of $20.79 billion, a P/E ratio of 13.69 and a beta of 0.87. iShares Select Dividend ETF has a 1-year low of $115.94 and a 1-year high of $144.09. The business has a 50-day moving average price of $140.77 and a two-hundred day moving average price of $134.66.

iShares Select Dividend ETF Increases Dividend

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

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.