iShares Select Dividend ETF $DVY Shares Sold by Stratos Wealth Partners LTD.

Stratos Wealth Partners LTD. cut its holdings in iShares Select Dividend ETF (NASDAQ:DVY) by 1.6% in the 2nd quarter, according to its most recent 13F filing with the SEC. The fund owned 13,849 shares of the company’s stock after selling 222 shares during the period. Stratos Wealth Partners LTD.’s holdings in iShares Select Dividend ETF were worth $1,839,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the business. Northern Trust Corp raised its holdings in iShares Select Dividend ETF by 6.7% in the 1st quarter. Northern Trust Corp now owns 3,093,549 shares of the company’s stock valued at $415,433,000 after acquiring an additional 194,941 shares during the last quarter. LPL Financial LLC grew its stake in shares of iShares Select Dividend ETF by 1.1% during the 1st quarter. LPL Financial LLC now owns 1,613,201 shares of the company’s stock valued at $216,637,000 after buying an additional 16,803 shares during the period. Kingstone Capital Partners Texas LLC purchased a new stake in shares of iShares Select Dividend ETF during the 2nd quarter valued at $178,925,000. Raymond James Financial Inc. grew its stake in shares of iShares Select Dividend ETF by 2.1% during the 1st quarter. Raymond James Financial Inc. now owns 1,215,308 shares of the company’s stock valued at $163,204,000 after buying an additional 24,643 shares during the period. Finally, Truist Financial Corp grew its stake in shares of iShares Select Dividend ETF by 1.4% during the 2nd quarter. Truist Financial Corp now owns 1,165,722 shares of the company’s stock valued at $154,820,000 after buying an additional 15,783 shares during the period. 46.08% of the stock is currently owned by institutional investors and hedge funds.

iShares Select Dividend ETF Stock Up 0.8%

Shares of NASDAQ DVY opened at $141.28 on Tuesday. iShares Select Dividend ETF has a 52-week low of $115.94 and a 52-week high of $144.09. The firm has a fifty day moving average of $140.77 and a 200-day moving average of $134.66. The stock has a market capitalization of $20.79 billion, a PE ratio of 13.69 and a beta of 0.87.

iShares Select Dividend ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 19th. Stockholders of record on Tuesday, September 16th were paid a dividend of $1.2465 per share. The ex-dividend date of this dividend was Tuesday, September 16th. This represents a $4.99 annualized dividend and a dividend yield of 3.5%. This is a boost from iShares Select Dividend ETF’s previous quarterly dividend of $1.23.

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.