Bay Colony Advisory Group Inc d b a Bay Colony Advisors Sells 513 Shares of iShares Select Dividend ETF $DVY

Bay Colony Advisory Group Inc d b a Bay Colony Advisors lessened its holdings in iShares Select Dividend ETF (NASDAQ:DVY) by 3.0% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 16,399 shares of the company’s stock after selling 513 shares during the period. Bay Colony Advisory Group Inc d b a Bay Colony Advisors’ holdings in iShares Select Dividend ETF were worth $2,178,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Northern Trust Corp grew its position in iShares Select Dividend ETF by 6.7% during the 1st quarter. Northern Trust Corp now owns 3,093,549 shares of the company’s stock worth $415,433,000 after acquiring an additional 194,941 shares during the last quarter. LPL Financial LLC grew its holdings in shares of iShares Select Dividend ETF by 1.1% during the first quarter. LPL Financial LLC now owns 1,613,201 shares of the company’s stock worth $216,637,000 after purchasing an additional 16,803 shares during the last quarter. Envestnet Asset Management Inc. grew its holdings in shares of iShares Select Dividend ETF by 3.7% during the second quarter. Envestnet Asset Management Inc. now owns 1,612,404 shares of the company’s stock worth $214,086,000 after purchasing an additional 57,961 shares during the last quarter. Kingstone Capital Partners Texas LLC bought a new stake in shares of iShares Select Dividend ETF during the second quarter worth about $178,925,000. Finally, Raymond James Financial Inc. grew its holdings in shares of iShares Select Dividend ETF by 2.1% during the first quarter. Raymond James Financial Inc. now owns 1,215,308 shares of the company’s stock worth $163,204,000 after purchasing an additional 24,643 shares during the last quarter. Institutional investors own 46.08% of the company’s stock.

iShares Select Dividend ETF Price Performance

DVY opened at $139.46 on Friday. iShares Select Dividend ETF has a fifty-two week low of $115.94 and a fifty-two week high of $144.09. The firm has a market capitalization of $20.42 billion, a price-to-earnings ratio of 13.69 and a beta of 0.77. The company’s 50 day moving average price is $141.19 and its two-hundred day moving average price is $135.64.

iShares Select Dividend ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 19th. Investors of record on Tuesday, September 16th were paid a $1.2465 dividend. This is a positive change from iShares Select Dividend ETF’s previous quarterly dividend of $1.23. This represents a $4.99 annualized dividend and a dividend yield of 3.6%. 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.