Prospera Financial Services Inc Has $4.18 Million Stock Holdings in iShares Select Dividend ETF $DVY

Prospera Financial Services Inc boosted its stake in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 5.1% during the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 31,477 shares of the company’s stock after buying an additional 1,523 shares during the period. Prospera Financial Services Inc’s holdings in iShares Select Dividend ETF were worth $4,181,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the stock. Brighton Jones LLC raised its holdings in shares of iShares Select Dividend ETF by 14.3% during the fourth quarter. Brighton Jones LLC now owns 12,212 shares of the company’s stock worth $1,603,000 after acquiring an additional 1,524 shares during the period. CWM LLC increased its holdings in iShares Select Dividend ETF by 37.1% during the 1st quarter. CWM LLC now owns 47,680 shares of the company’s stock worth $6,403,000 after purchasing an additional 12,908 shares in the last quarter. ADG Wealth Management Group LLC increased its holdings in iShares Select Dividend ETF by 7.4% during the 1st quarter. ADG Wealth Management Group LLC now owns 9,402 shares of the company’s stock worth $1,263,000 after purchasing an additional 648 shares in the last quarter. Signaturefd LLC raised its stake in shares of iShares Select Dividend ETF by 6.3% in the 1st quarter. Signaturefd LLC now owns 1,780 shares of the company’s stock valued at $239,000 after purchasing an additional 106 shares during the period. Finally, Apollon Wealth Management LLC raised its stake in shares of iShares Select Dividend ETF by 37.2% in the 1st quarter. Apollon Wealth Management LLC now owns 9,902 shares of the company’s stock valued at $1,330,000 after purchasing an additional 2,685 shares during the period. Institutional investors own 46.08% of the company’s stock.

iShares Select Dividend ETF Price Performance

DVY stock opened at $140.21 on Monday. The stock has a market capitalization of $20.53 billion, a P/E ratio of 13.69 and a beta of 0.77. The business has a 50-day moving average of $140.87 and a 200-day moving average of $136.34. 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 company also recently announced a quarterly dividend, which was paid on Friday, September 19th. Shareholders of record on Tuesday, September 16th were paid a $1.2465 dividend. This represents a $4.99 annualized dividend and a yield of 3.6%. The ex-dividend date was Tuesday, September 16th. This is a positive change from iShares Select Dividend ETF’s previous quarterly dividend of $1.23.

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.