Orion Capital Management LLC Has $283,000 Position in iShares Select Dividend ETF $DVY

Orion Capital Management LLC decreased its stake in iShares Select Dividend ETF (NASDAQ:DVY) by 8.6% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 2,130 shares of the company’s stock after selling 200 shares during the period. Orion Capital Management LLC’s holdings in iShares Select Dividend ETF were worth $283,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently made changes to their positions in DVY. Brighton Jones LLC lifted its stake in shares of iShares Select Dividend ETF by 0.7% in the second quarter. Brighton Jones LLC now owns 11,418 shares of the company’s stock worth $1,516,000 after acquiring an additional 75 shares during the period. Burke & Herbert Bank & Trust Co. raised its holdings in iShares Select Dividend ETF by 0.7% during the 2nd quarter. Burke & Herbert Bank & Trust Co. now owns 41,828 shares of the company’s stock worth $5,555,000 after purchasing an additional 280 shares during the last quarter. Focus Partners Advisor Solutions LLC lifted its position in shares of iShares Select Dividend ETF by 14.3% in the 2nd quarter. Focus Partners Advisor Solutions LLC now owns 22,256 shares of the company’s stock worth $2,956,000 after purchasing an additional 2,781 shares during the period. Carnegie Investment Counsel boosted its stake in shares of iShares Select Dividend ETF by 5.6% in the 2nd quarter. Carnegie Investment Counsel now owns 13,084 shares of the company’s stock valued at $1,738,000 after purchasing an additional 695 shares during the last quarter. Finally, Castle Wealth Management LLC boosted its stake in shares of iShares Select Dividend ETF by 4.7% in the 2nd quarter. Castle Wealth Management LLC now owns 2,242 shares of the company’s stock valued at $298,000 after purchasing an additional 100 shares during the last quarter. 46.08% of the stock is currently owned by institutional investors.

iShares Select Dividend ETF Stock Up 0.8%

Shares of NASDAQ DVY opened at $142.57 on Friday. The company has a market capitalization of $20.90 billion, a PE ratio of 13.69 and a beta of 0.87. iShares Select Dividend ETF has a twelve month low of $115.94 and a twelve month high of $144.09. The firm has a fifty day simple moving average of $141.03 and a 200 day simple moving average of $135.18.

iShares Select Dividend ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 19th. Stockholders of record on Tuesday, September 16th were given a $1.2465 dividend. 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. This represents a $4.99 annualized dividend and a dividend yield of 3.5%.

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.