Investors Sell iShares Select Dividend ETF (DVY) on Strength (DVY)
Investors sold shares of iShares Select Dividend ETF (NASDAQ:DVY) on strength during trading hours on Thursday. $18.03 million flowed into the stock on the tick-up and $64.48 million flowed out of the stock on the tick-down, for a money net flow of $46.45 million out of the stock. Of all companies tracked, iShares Select Dividend ETF had the 0th highest net out-flow for the day. iShares Select Dividend ETF traded up $0.94 for the day and closed at $99.98
The firm has a market cap of $18,170.00, a P/E ratio of 17.07 and a beta of 0.75.
The company also recently disclosed a quarterly dividend, which was paid on Tuesday, December 26th. Shareholders of record on Wednesday, December 20th were paid a $0.798 dividend. This is a boost from iShares Select Dividend ETF’s previous quarterly dividend of $0.73. This represents a $3.19 annualized dividend and a yield of 3.18%. The ex-dividend date was Tuesday, December 19th. iShares Select Dividend ETF’s payout ratio is currently 50.34%.
Institutional investors and hedge funds have recently made changes to their positions in the business. Federated Investors Inc. PA increased its stake in iShares Select Dividend ETF by 244.9% in the 2nd quarter. Federated Investors Inc. PA now owns 1,207 shares of the company’s stock valued at $111,000 after buying an additional 857 shares during the period. First Interstate Bank boosted its position in shares of iShares Select Dividend ETF by 148.0% during the 3rd quarter. First Interstate Bank now owns 1,240 shares of the company’s stock worth $116,000 after purchasing an additional 740 shares in the last quarter. Monetary Management Group Inc. boosted its position in shares of iShares Select Dividend ETF by 8.5% during the 2nd quarter. Monetary Management Group Inc. now owns 1,275 shares of the company’s stock worth $118,000 after purchasing an additional 100 shares in the last quarter. Harel Insurance Investments & Financial Services Ltd. boosted its position in shares of iShares Select Dividend ETF by 2,272.7% during the 3rd quarter. Harel Insurance Investments & Financial Services Ltd. now owns 1,566 shares of the company’s stock worth $147,000 after purchasing an additional 1,500 shares in the last quarter. Finally, Intellectus Partners LLC purchased a new stake in shares of iShares Select Dividend ETF during the 2nd quarter worth $174,000.
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.
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