Worth Financial Advisory Group LLC Grows Holdings in iShares Select Dividend ETF $DVY

Worth Financial Advisory Group LLC raised its position in iShares Select Dividend ETF (NASDAQ:DVY) by 29.0% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,777 shares of the company’s stock after purchasing an additional 625 shares during the period. Worth Financial Advisory Group LLC’s holdings in iShares Select Dividend ETF were worth $369,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the stock. Murphy Middleton Hinkle & Parker Inc. lifted its holdings in shares of iShares Select Dividend ETF by 0.3% during the 1st quarter. Murphy Middleton Hinkle & Parker Inc. now owns 32,178 shares of the company’s stock worth $4,318,000 after acquiring an additional 84 shares during the period. Denver Wealth Management Inc. raised its holdings in iShares Select Dividend ETF by 4.2% in the first quarter. Denver Wealth Management Inc. now owns 2,086 shares of the company’s stock valued at $280,000 after buying an additional 85 shares during the period. CRA Financial Services LLC raised its holdings in iShares Select Dividend ETF by 1.0% in the second quarter. CRA Financial Services LLC now owns 9,620 shares of the company’s stock valued at $1,278,000 after buying an additional 91 shares during the period. Fidelity D & D Bancorp Inc. raised its holdings in iShares Select Dividend ETF by 5.7% in the first quarter. Fidelity D & D Bancorp Inc. now owns 1,729 shares of the company’s stock valued at $232,000 after buying an additional 93 shares during the period. Finally, Madrona Financial Services LLC raised its holdings in iShares Select Dividend ETF by 2.6% in the first quarter. Madrona Financial Services LLC now owns 3,940 shares of the company’s stock valued at $529,000 after buying an additional 98 shares during the period. 46.08% of the stock is currently owned by hedge funds and other institutional investors.

iShares Select Dividend ETF Stock Performance

NASDAQ DVY opened at $141.36 on Friday. iShares Select Dividend ETF has a one year low of $115.94 and a one year high of $144.09. The company’s 50 day moving average price is $139.16 and its 200 day moving average price is $133.68. The firm has a market capitalization of $20.72 billion, a price-to-earnings ratio of 13.69 and a beta of 0.87.

iShares Select Dividend ETF Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, September 19th. Investors of record on Tuesday, September 16th were issued a $1.2465 dividend. The ex-dividend date was Tuesday, September 16th. 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 yield of 3.5%.

iShares Select Dividend ETF Company 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.