14,585 iShares Select Dividend ETF $DVY Shares Purchased by Kestra Advisory Services LLC

Kestra Advisory Services LLC raised its position in iShares Select Dividend ETF (NASDAQ:DVY) by 10.0% during the third quarter, according to its most recent 13F filing with the SEC. The fund owned 160,192 shares of the company’s stock after buying an additional 14,585 shares during the period. Kestra Advisory Services LLC owned about 0.11% of iShares Select Dividend ETF worth $24,360,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Sage Capital Advisors llc lifted its stake in shares of iShares Select Dividend ETF by 2.2% during the second quarter. Sage Capital Advisors llc now owns 2,993 shares of the company’s stock valued at $468,000 after acquiring an additional 64 shares during the period. Aprio Wealth Management LLC boosted its holdings in iShares Select Dividend ETF by 1.0% in the third quarter. Aprio Wealth Management LLC now owns 7,292 shares of the company’s stock valued at $1,109,000 after acquiring an additional 72 shares during the last quarter. Cooper Financial Group increased its position in iShares Select Dividend ETF by 4.5% in the third quarter. Cooper Financial Group now owns 1,799 shares of the company’s stock worth $274,000 after purchasing an additional 77 shares during the period. Cozad Asset Management Inc. increased its position in iShares Select Dividend ETF by 0.5% in the first quarter. Cozad Asset Management Inc. now owns 14,734 shares of the company’s stock worth $2,231,000 after purchasing an additional 80 shares during the period. Finally, Trek Financial LLC increased its position in iShares Select Dividend ETF by 4.2% in the third quarter. Trek Financial LLC now owns 2,041 shares of the company’s stock worth $310,000 after purchasing an additional 83 shares during the period. 46.08% of the stock is owned by institutional investors and hedge funds.

iShares Select Dividend ETF Trading Down 0.7%

Shares of NASDAQ:DVY opened at $160.06 on Friday. The stock has a market capitalization of $23.32 billion, a P/E ratio of 13.69 and a beta of 0.66. iShares Select Dividend ETF has a 1-year low of $137.23 and a 1-year high of $167.06. The business has a 50-day moving average price of $158.91 and a two-hundred day moving average price of $156.48.

iShares Select Dividend ETF Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, September 18th. Stockholders of record on Tuesday, September 15th were given a dividend of $1.3291 per share. The ex-dividend date was Tuesday, September 15th. This represents a $5.32 annualized dividend and a dividend yield of 3.3%. This is a positive change from iShares Select Dividend ETF’s previous quarterly dividend of $1.2472.

iShares Select Dividend ETF Company 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. The Index consists of 100 of the highest dividend-yielding securities (excluding real estate investment trusts (REITs) in the Dow Jones U.S.