iShares Select Dividend ETF $DVY Shares Sold by Dakota Wealth Management

Dakota Wealth Management decreased its holdings in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 10.2% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 8,944 shares of the company’s stock after selling 1,015 shares during the quarter. Dakota Wealth Management’s holdings in iShares Select Dividend ETF were worth $1,188,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in DVY. Financial Gravity Asset Management Inc. acquired a new position in shares of iShares Select Dividend ETF during the 1st quarter valued at $30,000. IMA Advisory Services Inc. acquired a new position in shares of iShares Select Dividend ETF during the 1st quarter valued at $34,000. Cypress Capital Management LLC WY acquired a new position in shares of iShares Select Dividend ETF during the 1st quarter valued at $35,000. First Pacific Financial acquired a new position in shares of iShares Select Dividend ETF during the 1st quarter valued at $40,000. Finally, Roxbury Financial LLC increased its stake in iShares Select Dividend ETF by 39.5% during the 1st quarter. Roxbury Financial LLC now owns 367 shares of the company’s stock worth $51,000 after buying an additional 104 shares during the period. Institutional investors and hedge funds own 46.08% of the company’s stock.

iShares Select Dividend ETF Price Performance

iShares Select Dividend ETF stock opened at $141.36 on Friday. iShares Select Dividend ETF has a 12-month low of $115.94 and a 12-month high of $144.09. The company has a market capitalization of $20.72 billion, a price-to-earnings ratio of 13.69 and a beta of 0.87. The firm’s fifty day moving average price is $139.16 and its 200 day moving average price is $133.68.

iShares Select Dividend ETF Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, September 19th. Investors of record on Tuesday, September 16th were paid a dividend of $1.2465 per share. This is a positive change 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 yield of 3.5%.

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.