11,151 Shares in iShares Select Dividend ETF $DVY Acquired by First Horizon Corp

First Horizon Corp purchased a new stake in iShares Select Dividend ETF (NASDAQ:DVY) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 11,151 shares of the company’s stock, valued at approximately $1,585,000.

Several other large investors have also modified their holdings of the stock. Code Waechter LLC lifted its holdings in shares of iShares Select Dividend ETF by 1.0% during the third quarter. Code Waechter LLC now owns 7,120 shares of the company’s stock valued at $1,005,000 after purchasing an additional 71 shares during the last quarter. Brighton Jones LLC lifted its stake in iShares Select Dividend ETF by 0.7% during the second quarter. Brighton Jones LLC now owns 11,418 shares of the company’s stock valued at $1,516,000 after buying an additional 75 shares in the last quarter. North Forty Two & Co. boosted its holdings in shares of iShares Select Dividend ETF by 1.6% in the second quarter. North Forty Two & Co. now owns 4,902 shares of the company’s stock worth $651,000 after buying an additional 75 shares during the period. Precedent Wealth Partners LLC boosted its holdings in shares of iShares Select Dividend ETF by 0.7% in the second quarter. Precedent Wealth Partners LLC now owns 11,185 shares of the company’s stock worth $1,486,000 after buying an additional 77 shares during the period. Finally, Journey Strategic Wealth LLC increased its position in shares of iShares Select Dividend ETF by 2.4% in the second quarter. Journey Strategic Wealth LLC now owns 3,331 shares of the company’s stock worth $442,000 after acquiring an additional 78 shares in the last quarter. 46.08% of the stock is owned by institutional investors.

iShares Select Dividend ETF Stock Performance

iShares Select Dividend ETF stock opened at $145.29 on Tuesday. iShares Select Dividend ETF has a 52 week low of $115.94 and a 52 week high of $146.00. The firm has a market capitalization of $21.45 billion, a price-to-earnings ratio of 13.69 and a beta of 0.77. The company has a 50 day moving average price of $141.85 and a 200 day moving average price of $140.03.

iShares Select Dividend ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, December 19th. Shareholders of record on Tuesday, December 16th were paid a dividend of $1.6162 per share. This is a boost from iShares Select Dividend ETF’s previous quarterly dividend of $1.25. The ex-dividend date of this dividend was Tuesday, December 16th. This represents a $6.46 annualized dividend and a yield of 4.4%.

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