iShares Select Dividend ETF $DVY Shares Purchased by Focus Partners Advisor Solutions LLC

Focus Partners Advisor Solutions LLC raised its position in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 14.3% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 22,256 shares of the company’s stock after buying an additional 2,781 shares during the quarter. Focus Partners Advisor Solutions LLC’s holdings in iShares Select Dividend ETF were worth $2,956,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of DVY. Kingstone Capital Partners Texas LLC acquired a new stake in iShares Select Dividend ETF during the second quarter valued at approximately $178,925,000. Northern Trust Corp raised its stake in iShares Select Dividend ETF by 6.7% during the first quarter. Northern Trust Corp now owns 3,093,549 shares of the company’s stock valued at $415,433,000 after buying an additional 194,941 shares in the last quarter. OMERS ADMINISTRATION Corp acquired a new stake in iShares Select Dividend ETF during the first quarter valued at approximately $24,669,000. Yukon Wealth Management Inc. acquired a new stake in iShares Select Dividend ETF during the first quarter valued at approximately $21,391,000. Finally, Goldman Sachs Group Inc. grew its holdings in shares of iShares Select Dividend ETF by 12.8% during the first quarter. Goldman Sachs Group Inc. now owns 678,028 shares of the company’s stock valued at $91,052,000 after purchasing an additional 76,855 shares during the last quarter. Institutional investors and hedge funds own 46.08% of the company’s stock.

iShares Select Dividend ETF Trading Up 0.8%

NASDAQ:DVY opened at $142.57 on Friday. The firm has a market capitalization of $20.90 billion, a PE ratio of 13.69 and a beta of 0.87. The stock has a 50 day moving average of $141.03 and a 200-day moving average of $135.18. iShares Select Dividend ETF has a 52 week low of $115.94 and a 52 week high of $144.09.

iShares Select Dividend ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, September 19th. Stockholders of record on Tuesday, September 16th were issued a dividend of $1.2465 per share. This represents a $4.99 annualized dividend and a dividend yield of 3.5%. This is a boost from iShares Select Dividend ETF’s previous quarterly dividend of $1.23. The ex-dividend date of this dividend was Tuesday, September 16th.

iShares Select Dividend ETF 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.