GTS Securities LLC Invests $6.20 Million in iShares Select Dividend ETF $DVY

GTS Securities LLC bought a new position in shares of iShares Select Dividend ETF (NASDAQ:DVY) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 39,690 shares of the company’s stock, valued at approximately $6,204,000.

Other institutional investors and hedge funds also recently bought and sold shares of the company. BIP Wealth LLC boosted its holdings in shares of iShares Select Dividend ETF by 105.7% in the 2nd quarter. BIP Wealth LLC now owns 8,735 shares of the company’s stock worth $1,365,000 after purchasing an additional 4,488 shares during the period. Sequoia Financial Advisors LLC lifted its position in iShares Select Dividend ETF by 7.5% in the fourth quarter. Sequoia Financial Advisors LLC now owns 57,419 shares of the company’s stock worth $8,104,000 after buying an additional 4,008 shares during the last quarter. Allworth Financial LP lifted its position in iShares Select Dividend ETF by 18.4% in the fourth quarter. Allworth Financial LP now owns 33,387 shares of the company’s stock worth $4,712,000 after buying an additional 5,199 shares during the last quarter. Keudell Morrison Wealth Management purchased a new position in iShares Select Dividend ETF during the fourth quarter worth $1,192,000. Finally, Goldman Sachs Group Inc. boosted its stake in iShares Select Dividend ETF by 0.5% during the fourth quarter. Goldman Sachs Group Inc. now owns 693,902 shares of the company’s stock worth $97,937,000 after buying an additional 3,552 shares during the period. 46.08% of the stock is currently owned by institutional investors.

iShares Select Dividend ETF Trading Down 0.0%

DVY stock opened at $163.80 on Friday. iShares Select Dividend ETF has a 12 month low of $137.16 and a 12 month high of $167.06. The company has a 50-day moving average price of $161.27 and a 200 day moving average price of $156.15. The stock has a market cap of $23.86 billion, a PE ratio of 13.69 and a beta of 0.66.

iShares Select Dividend ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, June 18th. Shareholders of record on Monday, June 15th were paid a $1.2472 dividend. The ex-dividend date of this dividend was Monday, June 15th. This is an increase from iShares Select Dividend ETF’s previous quarterly dividend of $1.15. This represents a $4.99 annualized dividend and a yield of 3.0%.

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.