iShares Select Dividend ETF (NASDAQ:DVY) Position Boosted by David J Yvars Group

David J Yvars Group raised its holdings in shares of iShares Select Dividend ETF (NASDAQ:DVYFree Report) by 13.1% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 9,941 shares of the company’s stock after acquiring an additional 1,153 shares during the period. iShares Select Dividend ETF makes up 0.8% of David J Yvars Group’s holdings, making the stock its 23rd largest position. David J Yvars Group’s holdings in iShares Select Dividend ETF were worth $1,223,000 as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. GAMMA Investing LLC acquired a new stake in iShares Select Dividend ETF in the fourth quarter worth approximately $27,000. Parkside Financial Bank & Trust lifted its holdings in shares of iShares Select Dividend ETF by 91.2% in the fourth quarter. Parkside Financial Bank & Trust now owns 390 shares of the company’s stock valued at $46,000 after buying an additional 186 shares during the period. Richardson Financial Services Inc. bought a new position in iShares Select Dividend ETF during the fourth quarter valued at about $49,000. Fortitude Family Office LLC acquired a new position in iShares Select Dividend ETF during the fourth quarter worth about $57,000. Finally, Financial Connections Group Inc. bought a new stake in iShares Select Dividend ETF in the fourth quarter worth about $58,000. Institutional investors and hedge funds own 46.08% of the company’s stock.

iShares Select Dividend ETF Stock Performance

Shares of NASDAQ:DVY traded down $0.07 during trading hours on Friday, hitting $120.62. 400,052 shares of the company’s stock traded hands, compared to its average volume of 526,526. The company’s fifty day simple moving average is $121.56 and its two-hundred day simple moving average is $118.86. The company has a market cap of $18.33 billion, a price-to-earnings ratio of 13.25 and a beta of 0.87. iShares Select Dividend ETF has a 52 week low of $102.66 and a 52 week high of $125.99.

iShares Select Dividend ETF Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, June 17th. Investors of record on Tuesday, June 11th were paid a dividend of $0.9304 per share. This represents a $3.72 annualized dividend and a yield of 3.09%. The ex-dividend date was Tuesday, June 11th.

iShares Select Dividend ETF Company Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for iShares Select Dividend ETF (NASDAQ:DVY)

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