iShares Select Dividend ETF $DVY Shares Sold by QRG Capital Management Inc.

QRG Capital Management Inc. lessened its holdings in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 58.6% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 3,207 shares of the company’s stock after selling 4,540 shares during the quarter. QRG Capital Management Inc.’s holdings in iShares Select Dividend ETF were worth $456,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Laurel Wealth Advisors LLC increased its holdings in shares of iShares Select Dividend ETF by 13,158.9% during the 2nd quarter. Laurel Wealth Advisors LLC now owns 1,897,610 shares of the company’s stock worth $252,022,000 after buying an additional 1,883,298 shares during the last quarter. Orion Porfolio Solutions LLC grew its position in iShares Select Dividend ETF by 526.0% during the second quarter. Orion Porfolio Solutions LLC now owns 181,391 shares of the company’s stock valued at $24,091,000 after acquiring an additional 152,417 shares during the period. HB Wealth Management LLC increased its stake in iShares Select Dividend ETF by 129.7% during the second quarter. HB Wealth Management LLC now owns 129,405 shares of the company’s stock worth $17,186,000 after acquiring an additional 73,079 shares during the last quarter. Envestnet Asset Management Inc. raised its holdings in shares of iShares Select Dividend ETF by 3.7% in the 2nd quarter. Envestnet Asset Management Inc. now owns 1,612,404 shares of the company’s stock worth $214,086,000 after purchasing an additional 57,961 shares during the period. Finally, MML Investors Services LLC raised its holdings in shares of iShares Select Dividend ETF by 157.2% in the 2nd quarter. MML Investors Services LLC now owns 86,631 shares of the company’s stock worth $11,505,000 after purchasing an additional 52,952 shares during the period. Hedge funds and other institutional investors own 46.08% of the company’s stock.

iShares Select Dividend ETF Price Performance

NASDAQ DVY opened at $147.89 on Friday. iShares Select Dividend ETF has a 1-year low of $115.94 and a 1-year high of $149.76. The firm has a market capitalization of $21.73 billion, a P/E ratio of 13.69 and a beta of 0.77. The business’s 50-day simple moving average is $143.14 and its 200-day simple moving average is $140.73.

iShares Select Dividend ETF Increases Dividend

The firm also recently disclosed 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 an increase from iShares Select Dividend ETF’s previous quarterly dividend of $1.25. This represents a $6.46 annualized dividend and a yield of 4.4%. The ex-dividend date was Tuesday, December 16th.

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