iShares Select Dividend ETF $DVY Shares Acquired by Schwarz Dygos Wheeler Investment Advisors LLC

Schwarz Dygos Wheeler Investment Advisors LLC boosted its holdings in iShares Select Dividend ETF (NASDAQ:DVY) by 5.3% during the 3rd quarter, Holdings Channel reports. The fund owned 117,230 shares of the company’s stock after acquiring an additional 5,910 shares during the quarter. iShares Select Dividend ETF comprises 3.5% of Schwarz Dygos Wheeler Investment Advisors LLC’s portfolio, making the stock its 7th largest holding. Schwarz Dygos Wheeler Investment Advisors LLC’s holdings in iShares Select Dividend ETF were worth $16,658,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently added to or reduced their stakes in DVY. Laurel Wealth Advisors LLC boosted its position in 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 acquiring an additional 1,883,298 shares during the period. Envestnet Asset Management Inc. raised its stake in shares of iShares Select Dividend ETF by 3.7% during the second quarter. Envestnet Asset Management Inc. now owns 1,612,404 shares of the company’s stock valued at $214,086,000 after purchasing an additional 57,961 shares in the last quarter. JPMorgan Chase & Co. lifted its holdings in iShares Select Dividend ETF by 1.6% in the third quarter. JPMorgan Chase & Co. now owns 1,549,408 shares of the company’s stock worth $220,171,000 after purchasing an additional 24,718 shares during the period. Howard Capital Management Inc. grew its position in iShares Select Dividend ETF by 2.7% in the 2nd quarter. Howard Capital Management Inc. now owns 1,011,427 shares of the company’s stock valued at $134,328,000 after buying an additional 26,827 shares in the last quarter. Finally, Cetera Investment Advisers grew its position in iShares Select Dividend ETF by 0.7% in the 2nd quarter. Cetera Investment Advisers now owns 388,313 shares of the company’s stock valued at $51,572,000 after buying an additional 2,845 shares in the last quarter. Institutional investors own 46.08% of the company’s stock.

iShares Select Dividend ETF Trading Up 1.0%

iShares Select Dividend ETF stock opened at $157.93 on Tuesday. iShares Select Dividend ETF has a 52 week low of $115.94 and a 52 week high of $158.82. The stock has a market cap of $23.03 billion, a price-to-earnings ratio of 13.69 and a beta of 0.77. The company’s 50-day moving average price is $147.13 and its two-hundred day moving average price is $142.74.

iShares Select Dividend ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, December 19th. Investors 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. This represents a $6.46 dividend on an annualized basis and a dividend yield of 4.1%. The ex-dividend date was Tuesday, December 16th.

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.