iShares Select Dividend ETF (NASDAQ:DVY) Declares $1.05 Dividend

iShares Select Dividend ETF (NASDAQ:DVY) announced a dividend on Monday, March 17th, NASDAQ Dividends reports. Investors of record on Tuesday, March 18th will be given a dividend of 1.0495 per share on Friday, March 21st. The ex-dividend date of this dividend is Tuesday, March 18th.

iShares Select Dividend ETF Price Performance

Shares of DVY stock traded down $1.54 on Tuesday, hitting $132.97. The stock had a trading volume of 344,279 shares, compared to its average volume of 440,617. The firm has a market capitalization of $19.77 billion, a P/E ratio of 16.35 and a beta of 0.87. iShares Select Dividend ETF has a 1 year low of $115.43 and a 1 year high of $144.09. The company’s 50 day moving average price is $134.36 and its 200-day moving average price is $135.10.

Institutional Investors Weigh In On iShares Select Dividend ETF

An institutional investor recently raised its position in iShares Select Dividend ETF stock. Brighton Jones LLC boosted its stake in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 14.3% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 12,212 shares of the company’s stock after purchasing an additional 1,524 shares during the quarter. Brighton Jones LLC’s holdings in iShares Select Dividend ETF were worth $1,603,000 as of its most recent SEC filing. Institutional investors and hedge funds own 46.08% of the company’s stock.

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.