6,721 Shares of iShares Select Dividend ETF $DVY Acquired by Mirae Asset Global Investments Co. Ltd.

Mirae Asset Global Investments Co. Ltd. bought a new stake in shares of iShares Select Dividend ETF (NASDAQ:DVY) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 6,721 shares of the company’s stock, valued at approximately $1,022,000.

A number of other hedge funds have also added to or reduced their stakes in DVY. Main Street Group LTD acquired a new position in iShares Select Dividend ETF in the first quarter valued at approximately $33,000. Horizons Wealth Management acquired a new stake in shares of iShares Select Dividend ETF during the 3rd quarter worth approximately $55,000. GKV Capital Management Co. Inc. acquired a new stake in shares of iShares Select Dividend ETF during the 1st quarter worth approximately $61,000. Compass Wealth Management LLC bought a new stake in shares of iShares Select Dividend ETF in the 3rd quarter valued at $63,000. Finally, Evergreen Advisors LLC bought a new stake in shares of iShares Select Dividend ETF in the 1st quarter valued at $68,000. 46.08% of the stock is currently owned by institutional investors.

iShares Select Dividend ETF Price Performance

iShares Select Dividend ETF stock opened at $160.06 on Monday. iShares Select Dividend ETF has a 12-month low of $137.23 and a 12-month high of $167.06. The firm’s fifty day moving average is $158.91 and its 200 day moving average is $156.48. The company has a market capitalization of $23.32 billion, a PE ratio of 14.18 and a beta of 0.68.

iShares Select Dividend ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, September 18th. Shareholders of record on Tuesday, September 15th were paid a $1.3291 dividend. This represents a $5.32 annualized dividend and a yield of 3.3%. This is an increase from iShares Select Dividend ETF’s previous quarterly dividend of $1.2472. The ex-dividend date of this dividend was Tuesday, September 15th.

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.