Cobblestone Capital Advisors LLC NY Takes $284,000 Position in iShares Select Dividend ETF $DVY

Cobblestone Capital Advisors LLC NY purchased a new stake in iShares Select Dividend ETF (NASDAQ:DVY) in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 2,141 shares of the company’s stock, valued at approximately $284,000.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Financial Gravity Asset Management Inc. bought a new position in shares of iShares Select Dividend ETF in the 1st quarter valued at about $30,000. IMA Advisory Services Inc. bought a new position in shares of iShares Select Dividend ETF during the 1st quarter worth approximately $34,000. Cypress Capital Management LLC WY bought a new position in shares of iShares Select Dividend ETF during the 1st quarter worth approximately $35,000. Rossby Financial LCC bought a new position in shares of iShares Select Dividend ETF during the 1st quarter worth approximately $60,000. Finally, Creative Capital Management Investments LLC boosted its position in iShares Select Dividend ETF by 82.1% during the second quarter. Creative Capital Management Investments LLC now owns 459 shares of the company’s stock worth $61,000 after purchasing an additional 207 shares during the period. Institutional investors own 46.08% of the company’s stock.

iShares Select Dividend ETF Price Performance

DVY stock opened at $142.47 on Tuesday. iShares Select Dividend ETF has a one year low of $115.94 and a one year high of $144.09. The stock has a market cap of $20.88 billion, a price-to-earnings ratio of 13.69 and a beta of 0.77. The company has a fifty day moving average price of $141.12 and a two-hundred day moving average price of $135.36.

iShares Select Dividend ETF Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, September 19th. Investors of record on Tuesday, September 16th were paid a $1.2465 dividend. This is a boost 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%.

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.