iShares Select Dividend ETF (NASDAQ:DVY) Hits New 52-Week High at $125.98

iShares Select Dividend ETF (NASDAQ:DVY) shares reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as $125.98 and last traded at $125.64, with a volume of 26276 shares traded. The stock had previously closed at $124.90.

iShares Select Dividend ETF Trading Down 0.0 %

The firm has a market cap of $19.07 billion, a P/E ratio of 13.25 and a beta of 0.87. The business has a 50-day moving average price of $120.79 and a 200-day moving average price of $116.45.

iShares Select Dividend ETF Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, March 27th. Shareholders of record on Friday, March 22nd were issued a dividend of $0.9976 per share. This represents a $3.99 annualized dividend and a yield of 3.18%. The ex-dividend date of this dividend was Thursday, March 21st.

Institutional Investors Weigh In On iShares Select Dividend ETF

Several large investors have recently modified their holdings of DVY. Halbert Hargrove Global Advisors LLC raised its stake in iShares Select Dividend ETF by 2.1% in the fourth quarter. Halbert Hargrove Global Advisors LLC now owns 4,376 shares of the company’s stock worth $513,000 after buying an additional 88 shares in the last quarter. JNBA Financial Advisors boosted its position in iShares Select Dividend ETF by 26.6% during the third quarter. JNBA Financial Advisors now owns 448 shares of the company’s stock valued at $48,000 after purchasing an additional 94 shares in the last quarter. Sunbelt Securities Inc. grew its stake in iShares Select Dividend ETF by 0.6% in the third quarter. Sunbelt Securities Inc. now owns 16,069 shares of the company’s stock valued at $1,730,000 after purchasing an additional 96 shares during the last quarter. Access Financial Services Inc. raised its holdings in iShares Select Dividend ETF by 0.5% in the fourth quarter. Access Financial Services Inc. now owns 19,382 shares of the company’s stock worth $2,272,000 after purchasing an additional 96 shares in the last quarter. Finally, Patriot Financial Group Insurance Agency LLC boosted its holdings in shares of iShares Select Dividend ETF by 3.9% in the 4th quarter. Patriot Financial Group Insurance Agency LLC now owns 2,540 shares of the company’s stock valued at $298,000 after buying an additional 96 shares in the last quarter. Institutional investors own 46.08% of the company’s stock.

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.