6,192 Shares in iShares Select Dividend ETF $DVY Purchased by Evanson Financial LLC

Evanson Financial LLC acquired a new stake in iShares Select Dividend ETF (NASDAQ:DVY) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 6,192 shares of the company’s stock, valued at approximately $968,000.

Other hedge funds also recently added to or reduced their stakes in the company. Gainplan LLC lifted its holdings in iShares Select Dividend ETF by 9.4% in the second quarter. Gainplan LLC now owns 2,560 shares of the company’s stock valued at $400,000 after acquiring an additional 219 shares during the period. Mechanics Bank Trust Department raised its position in iShares Select Dividend ETF by 3.3% during the second quarter. Mechanics Bank Trust Department now owns 31,068 shares of the company’s stock worth $4,856,000 after acquiring an additional 980 shares during the period. David J Yvars Group raised its position in shares of iShares Select Dividend ETF by 6.0% during the 2nd quarter. David J Yvars Group now owns 14,515 shares of the company’s stock worth $2,272,000 after purchasing an additional 823 shares during the last quarter. Dynamic Advisor Solutions LLC raised its stake in iShares Select Dividend ETF by 31.6% in the 2nd quarter. Dynamic Advisor Solutions LLC now owns 4,306 shares of the company’s stock valued at $673,000 after purchasing an additional 1,033 shares during the last quarter. Finally, FOCUS Wealth Advisors LLC raised its position in shares of iShares Select Dividend ETF by 0.4% in the second quarter. FOCUS Wealth Advisors LLC now owns 39,099 shares of the company’s stock valued at $6,111,000 after buying an additional 168 shares during the last quarter. 46.08% of the stock is owned by hedge funds and other institutional investors.

iShares Select Dividend ETF Trading Up 0.5%

DVY stock opened at $161.94 on Friday. The firm has a 50-day moving average of $158.54 and a two-hundred day moving average of $154.70. iShares Select Dividend ETF has a 12 month low of $135.45 and a 12 month high of $166.79. The company has a market cap of $23.59 billion, a price-to-earnings ratio of 13.69 and a beta of 0.66.

iShares Select Dividend ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, June 18th. Investors of record on Monday, June 15th were given a dividend of $1.2472 per share. The ex-dividend date was Monday, June 15th. This is a positive change from iShares Select Dividend ETF’s previous quarterly dividend of $1.15. This represents a $4.99 dividend on an annualized basis and a yield of 3.1%.

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