Astoria Portfolio Advisors LLC. Boosts Stake in iShares Select Dividend ETF $DVY

Astoria Portfolio Advisors LLC. grew its stake in iShares Select Dividend ETF (NASDAQ:DVY) by 25.5% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,590 shares of the company’s stock after acquiring an additional 1,136 shares during the period. Astoria Portfolio Advisors LLC.’s holdings in iShares Select Dividend ETF were worth $768,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Northern Trust Corp boosted its stake in shares of iShares Select Dividend ETF by 6.7% during the first quarter. Northern Trust Corp now owns 3,093,549 shares of the company’s stock valued at $415,433,000 after purchasing an additional 194,941 shares in the last quarter. LPL Financial LLC raised its holdings in shares of iShares Select Dividend ETF by 1.1% in the first quarter. LPL Financial LLC now owns 1,613,201 shares of the company’s stock worth $216,637,000 after buying an additional 16,803 shares during the last quarter. Kingstone Capital Partners Texas LLC purchased a new position in shares of iShares Select Dividend ETF during the second quarter worth $178,925,000. Raymond James Financial Inc. raised 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. Finally, Truist Financial Corp raised its holdings in shares of iShares Select Dividend ETF by 1.4% during the second quarter. Truist Financial Corp now owns 1,165,722 shares of the company’s stock worth $154,820,000 after purchasing an additional 15,783 shares during the last quarter. 46.08% of the stock is currently owned by institutional investors.

iShares Select Dividend ETF Stock Performance

DVY stock opened at $138.16 on Monday. The firm has a market cap of $20.32 billion, a PE ratio of 13.69 and a beta of 0.87. The firm’s fifty day moving average is $140.19 and its 200 day moving average is $134.27. iShares Select Dividend ETF has a one year low of $115.94 and a one year high of $144.09.

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 given a dividend of $1.2465 per share. The ex-dividend date was Tuesday, September 16th. This is a boost from iShares Select Dividend ETF’s previous quarterly dividend of $1.23. This represents a $4.99 dividend on an annualized basis and a yield of 3.6%.

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.