iShares Select Dividend ETF $DVY Shares Acquired by IFG Advisory LLC

IFG Advisory LLC boosted its holdings in iShares Select Dividend ETF (NASDAQ:DVY) by 15.2% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 42,919 shares of the company’s stock after acquiring an additional 5,666 shares during the quarter. IFG Advisory LLC’s holdings in iShares Select Dividend ETF were worth $5,700,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of DVY. Brighton Jones LLC grew its stake in shares of iShares Select Dividend ETF by 0.7% in the 2nd quarter. Brighton Jones LLC now owns 11,418 shares of the company’s stock worth $1,516,000 after purchasing an additional 75 shares during the last quarter. Precedent Wealth Partners LLC boosted its holdings in 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 buying an additional 77 shares in the last quarter. Keudell Morrison Wealth Management grew its position in iShares Select Dividend ETF by 1.0% in the second quarter. Keudell Morrison Wealth Management now owns 8,224 shares of the company’s stock worth $1,092,000 after buying an additional 79 shares during the last quarter. TFC Financial Management Inc. increased its holdings in shares of iShares Select Dividend ETF by 2.3% in the second quarter. TFC Financial Management Inc. now owns 3,567 shares of the company’s stock valued at $474,000 after buying an additional 80 shares in the last quarter. Finally, CRA Financial Services LLC boosted its stake in shares of iShares Select Dividend ETF by 1.0% during the 2nd quarter. CRA Financial Services LLC now owns 9,620 shares of the company’s stock worth $1,278,000 after acquiring an additional 91 shares in the last quarter. 46.08% of the stock is owned by institutional investors and hedge funds.

iShares Select Dividend ETF Stock Down 0.7%

DVY opened at $139.46 on Friday. The firm has a market cap of $20.42 billion, a PE ratio of 13.69 and a beta of 0.77. The business has a fifty day simple moving average of $141.19 and a 200-day simple moving average of $135.64. iShares Select Dividend ETF has a fifty-two week low of $115.94 and a fifty-two week high of $144.09.

iShares Select Dividend ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, September 19th. Stockholders of record on Tuesday, September 16th were issued 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 dividend 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.