Leo Wealth LLC Has $682,000 Stock Holdings in iShares Select Dividend ETF $DVY

Leo Wealth LLC decreased its holdings in iShares Select Dividend ETF (NASDAQ:DVY) by 24.2% in the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 5,139 shares of the company’s stock after selling 1,639 shares during the quarter. Leo Wealth LLC’s holdings in iShares Select Dividend ETF were worth $682,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently added to or reduced their stakes in the business. Wealth Enhancement Advisory Services LLC raised its holdings in shares of iShares Select Dividend ETF by 5.1% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 200,247 shares of the company’s stock worth $26,891,000 after buying an additional 9,632 shares in the last quarter. Bessemer Group Inc. raised its stake in iShares Select Dividend ETF by 350.4% during the first quarter. Bessemer Group Inc. now owns 12,899 shares of the company’s stock worth $1,733,000 after acquiring an additional 10,035 shares in the last quarter. GAMMA Investing LLC raised its stake in iShares Select Dividend ETF by 549.1% during the first quarter. GAMMA Investing LLC now owns 1,506 shares of the company’s stock worth $202,000 after acquiring an additional 1,274 shares in the last quarter. Millstone Evans Group LLC raised its stake in iShares Select Dividend ETF by 89.4% during the first quarter. Millstone Evans Group LLC now owns 517 shares of the company’s stock worth $69,000 after acquiring an additional 244 shares in the last quarter. Finally, Cove Private Wealth LLC raised its stake in iShares Select Dividend ETF by 64.6% during the second quarter. Cove Private Wealth LLC now owns 8,280 shares of the company’s stock worth $1,100,000 after acquiring an additional 3,250 shares in the last quarter. Institutional investors and hedge funds own 46.08% of the company’s stock.

iShares Select Dividend ETF Stock Down 0.9%

Shares of iShares Select Dividend ETF stock opened at $140.68 on Friday. The stock has a market capitalization of $20.69 billion, a P/E ratio of 13.69 and a beta of 0.87. The company has a 50-day simple moving average of $140.11 and a 200 day simple moving average of $134.23. iShares Select Dividend ETF has a 12-month low of $115.94 and a 12-month high of $144.09.

iShares Select Dividend ETF Increases Dividend

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

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.