iShares Select Dividend ETF $DVY Shares Bought by Wealth Quarterback LLC

Wealth Quarterback LLC increased its position in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 4.5% during the second quarter, Holdings Channel reports. The institutional investor owned 34,938 shares of the company’s stock after purchasing an additional 1,493 shares during the period. iShares Select Dividend ETF comprises about 2.2% of Wealth Quarterback LLC’s portfolio, making the stock its 9th largest holding. Wealth Quarterback LLC’s holdings in iShares Select Dividend ETF were worth $4,640,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also added to or reduced their stakes in DVY. IMA Advisory Services Inc. bought a new stake in shares of iShares Select Dividend ETF during the first quarter valued at approximately $34,000. Cypress Capital Management LLC WY acquired a new stake in iShares Select Dividend ETF in the 1st quarter valued at $35,000. Creative Capital Management Investments LLC grew its position in iShares Select Dividend ETF by 82.1% in the 2nd quarter. Creative Capital Management Investments LLC now owns 459 shares of the company’s stock valued at $61,000 after purchasing an additional 207 shares during the period. N.E.W. Advisory Services LLC bought a new stake in iShares Select Dividend ETF during the 1st quarter valued at $64,000. Finally, Millstone Evans Group LLC raised its holdings in iShares Select Dividend ETF by 89.4% during the first quarter. Millstone Evans Group LLC now owns 517 shares of the company’s stock worth $69,000 after buying an additional 244 shares during the last quarter. Institutional investors own 46.08% of the company’s stock.

iShares Select Dividend ETF Trading Up 0.9%

iShares Select Dividend ETF stock opened at $141.80 on Wednesday. The firm has a market capitalization of $20.76 billion, a price-to-earnings ratio of 13.69 and a beta of 0.77. The firm’s fifty day moving average price is $140.86 and its two-hundred day moving average price is $136.52. iShares Select Dividend ETF has a 1-year low of $115.94 and a 1-year high of $144.09.

iShares Select Dividend ETF Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, September 19th. Investors of record on Tuesday, September 16th were given a $1.2465 dividend. This represents a $4.99 annualized dividend and a yield of 3.5%. The ex-dividend date of this dividend was Tuesday, September 16th. This is a positive change from iShares Select Dividend ETF’s previous quarterly dividend of $1.23.

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.