Y Intercept Hong Kong Ltd Acquires 3,581 Shares of iShares Select Dividend ETF $DVY

Y Intercept Hong Kong Ltd boosted its holdings in iShares Select Dividend ETF (NASDAQ:DVY) by 191.5% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 5,451 shares of the company’s stock after acquiring an additional 3,581 shares during the period. Y Intercept Hong Kong Ltd’s holdings in iShares Select Dividend ETF were worth $724,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also added to or reduced their stakes in the business. Brighton Jones LLC raised its stake in iShares Select Dividend ETF by 0.7% in the 2nd quarter. Brighton Jones LLC now owns 11,418 shares of the company’s stock valued at $1,516,000 after acquiring an additional 75 shares during the period. Precedent Wealth Partners LLC raised its stake in iShares Select Dividend ETF by 0.7% in the 2nd quarter. Precedent Wealth Partners LLC now owns 11,185 shares of the company’s stock valued at $1,486,000 after acquiring an additional 77 shares during the period. Keudell Morrison Wealth Management raised its stake in iShares Select Dividend ETF by 1.0% in the 2nd quarter. Keudell Morrison Wealth Management now owns 8,224 shares of the company’s stock valued at $1,092,000 after acquiring an additional 79 shares during the period. TFC Financial Management Inc. grew its holdings in iShares Select Dividend ETF by 2.3% in the 2nd quarter. TFC Financial Management Inc. now owns 3,567 shares of the company’s stock valued at $474,000 after buying an additional 80 shares in the last quarter. Finally, CRA Financial Services LLC grew its holdings in iShares Select Dividend ETF by 1.0% in the 2nd 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 in the last quarter. Institutional investors own 46.08% of the company’s stock.

iShares Select Dividend ETF Price Performance

Shares of NASDAQ DVY opened at $138.89 on Thursday. The stock’s fifty day moving average price is $140.95 and its two-hundred day moving average price is $136.07. iShares Select Dividend ETF has a one year low of $115.94 and a one year high of $144.09. The firm has a market cap of $20.34 billion, a price-to-earnings ratio of 13.69 and a beta of 0.77.

iShares Select Dividend ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 19th. Shareholders of record on Tuesday, September 16th were issued a $1.2465 dividend. The ex-dividend date of this dividend was Tuesday, September 16th. This represents a $4.99 dividend on an annualized basis and a yield of 3.6%. This is a positive change from iShares Select Dividend ETF’s previous quarterly dividend of $1.23.

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.