Focus Partners Advisor Solutions LLC Has $2.41 Million Stock Position in iShares Select Dividend ETF $DVY

Focus Partners Advisor Solutions LLC lowered its holdings in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 23.2% in the third quarter, according to its most recent disclosure with the SEC. The firm owned 17,082 shares of the company’s stock after selling 5,174 shares during the period. Focus Partners Advisor Solutions LLC’s holdings in iShares Select Dividend ETF were worth $2,405,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Parvin Asset Management LLC bought a new position in shares of iShares Select Dividend ETF during the 2nd quarter worth approximately $27,000. Financial Gravity Companies Inc. bought a new stake in iShares Select Dividend ETF in the 2nd quarter valued at $29,000. Total Investment Management Inc. acquired a new stake in iShares Select Dividend ETF during the 2nd quarter valued at $29,000. Kilter Group LLC acquired a new stake in iShares Select Dividend ETF during the 2nd quarter valued at $31,000. Finally, Qube Research & Technologies Ltd bought a new position in iShares Select Dividend ETF during the second quarter worth $34,000. Institutional investors own 46.08% of the company’s stock.

iShares Select Dividend ETF Price Performance

NASDAQ:DVY opened at $154.84 on Thursday. iShares Select Dividend ETF has a one year low of $115.94 and a one year high of $160.38. The company has a market cap of $22.58 billion, a P/E ratio of 13.69 and a beta of 0.77. The firm’s fifty day moving average price is $150.31 and its two-hundred day moving average price is $144.33.

iShares Select Dividend ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, December 19th. Investors of record on Tuesday, December 16th were paid a $1.6162 dividend. This is an increase from iShares Select Dividend ETF’s previous quarterly dividend of $1.25. The ex-dividend date was Tuesday, December 16th. This represents a $6.46 dividend on an annualized basis and a yield of 4.2%.

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. The Index consists of 100 of the highest dividend-yielding securities (excluding real estate investment trusts (REITs) in the Dow Jones U.S.