iShares Select Dividend ETF $DVY Shares Sold by Omega Financial Group LLC

Omega Financial Group LLC reduced its position in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 21.7% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 35,944 shares of the company’s stock after selling 9,985 shares during the period. iShares Select Dividend ETF makes up about 1.7% of Omega Financial Group LLC’s investment portfolio, making the stock its 18th largest position. Omega Financial Group LLC’s holdings in iShares Select Dividend ETF were worth $4,774,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in the business. Brighton Jones LLC lifted its stake in iShares Select Dividend ETF by 14.3% during the fourth quarter. Brighton Jones LLC now owns 12,212 shares of the company’s stock valued at $1,603,000 after purchasing an additional 1,524 shares during the last quarter. Signaturefd LLC increased its holdings in shares of iShares Select Dividend ETF by 6.3% in the first quarter. Signaturefd LLC now owns 1,780 shares of the company’s stock valued at $239,000 after buying an additional 106 shares in the last quarter. Apollon Wealth Management LLC lifted its position in shares of iShares Select Dividend ETF by 37.2% during the 1st quarter. Apollon Wealth Management LLC now owns 9,902 shares of the company’s stock valued at $1,330,000 after acquiring an additional 2,685 shares during the last quarter. Verdence Capital Advisors LLC lifted its position in shares of iShares Select Dividend ETF by 2.3% during the 1st quarter. Verdence Capital Advisors LLC now owns 10,667 shares of the company’s stock valued at $1,432,000 after acquiring an additional 240 shares during the last quarter. Finally, Fortis Group Advisors LLC boosted its stake in shares of iShares Select Dividend ETF by 81.3% during the 1st quarter. Fortis Group Advisors LLC now owns 20,312 shares of the company’s stock worth $2,728,000 after acquiring an additional 9,106 shares in the last quarter. Institutional investors and hedge funds own 46.08% of the company’s stock.

iShares Select Dividend ETF Stock Down 0.8%

Shares of NASDAQ DVY opened at $140.94 on Friday. iShares Select Dividend ETF has a 52-week low of $115.94 and a 52-week high of $144.09. The stock has a market capitalization of $20.63 billion, a price-to-earnings ratio of 13.69 and a beta of 0.77. The stock’s fifty day simple moving average is $140.86 and its 200 day simple moving average is $136.59.

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 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 yield of 3.5%. The ex-dividend date of this dividend was Tuesday, September 16th.

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.