AlTi Global Inc. Purchases 14,800 Shares of iShares Select Dividend ETF $DVY

AlTi Global Inc. boosted its position in iShares Select Dividend ETF (NASDAQ:DVY) by 22.9% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 79,441 shares of the company’s stock after buying an additional 14,800 shares during the quarter. AlTi Global Inc. owned approximately 0.05% of iShares Select Dividend ETF worth $12,028,000 at the end of the most recent reporting period.

Several other institutional investors have also recently bought and sold shares of DVY. Brighton Jones LLC grew its holdings in iShares Select Dividend ETF by 14.3% in the 4th quarter. Brighton Jones LLC now owns 12,212 shares of the company’s stock valued at $1,603,000 after buying an additional 1,524 shares during the last quarter. AQR Capital Management LLC grew its stake in shares of iShares Select Dividend ETF by 44.7% in the first quarter. AQR Capital Management LLC now owns 12,687 shares of the company’s stock worth $1,704,000 after acquiring an additional 3,918 shares during the last quarter. Qube Research & Technologies Ltd acquired a new stake in shares of iShares Select Dividend ETF in the second quarter worth $34,000. NewEdge Advisors LLC increased its position in iShares Select Dividend ETF by 0.4% during the second quarter. NewEdge Advisors LLC now owns 77,878 shares of the company’s stock worth $10,343,000 after acquiring an additional 326 shares during the period. Finally, Quantinno Capital Management LP increased its position in iShares Select Dividend ETF by 52.8% during the second quarter. Quantinno Capital Management LP now owns 24,543 shares of the company’s stock worth $3,260,000 after acquiring an additional 8,479 shares during the period. Institutional investors own 46.08% of the company’s stock.

iShares Select Dividend ETF Price Performance

NASDAQ:DVY opened at $161.83 on Monday. iShares Select Dividend ETF has a one year low of $132.83 and a one year high of $164.73. The company has a fifty day moving average price of $155.98 and a 200 day moving average price of $152.90. The stock has a market cap of $23.78 billion, a P/E ratio of 13.69 and a beta of 0.66.

iShares Select Dividend ETF Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, June 18th. Investors of record on Monday, June 15th were paid a dividend of $1.2472 per share. This is a positive change from iShares Select Dividend ETF’s previous quarterly dividend of $1.15. This represents a $4.99 annualized dividend and a yield of 3.1%. The ex-dividend date was Monday, June 15th.

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.