iShares Select Dividend ETF $DVY Shares Acquired by DAVENPORT & Co LLC

DAVENPORT & Co LLC grew its position in iShares Select Dividend ETF (NASDAQ:DVY) by 18.9% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 84,366 shares of the company’s stock after acquiring an additional 13,400 shares during the quarter. DAVENPORT & Co LLC’s holdings in iShares Select Dividend ETF were worth $11,988,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in DVY. Laurel Wealth Advisors LLC lifted its holdings in iShares Select Dividend ETF by 13,158.9% in the 2nd quarter. Laurel Wealth Advisors LLC now owns 1,897,610 shares of the company’s stock valued at $252,022,000 after purchasing an additional 1,883,298 shares in the last quarter. Kingstone Capital Partners Texas LLC purchased a new stake in shares of iShares Select Dividend ETF during the second quarter worth $178,925,000. OMERS ADMINISTRATION Corp acquired a new stake in shares of iShares Select Dividend ETF in the first quarter valued at about $24,669,000. Orion Porfolio Solutions LLC lifted its stake in shares of iShares Select Dividend ETF by 526.0% in the second quarter. Orion Porfolio Solutions LLC now owns 181,391 shares of the company’s stock worth $24,091,000 after buying an additional 152,417 shares in the last quarter. Finally, Goldman Sachs Group Inc. lifted its stake in shares of iShares Select Dividend ETF by 12.8% in the first quarter. Goldman Sachs Group Inc. now owns 678,028 shares of the company’s stock worth $91,052,000 after buying an additional 76,855 shares in the last quarter. 46.08% of the stock is currently owned by hedge funds and other institutional investors.

iShares Select Dividend ETF Trading Up 0.3%

Shares of NASDAQ DVY opened at $142.40 on Thursday. iShares Select Dividend ETF has a 12-month low of $115.94 and a 12-month high of $145.03. The stock has a market cap of $20.85 billion, a PE ratio of 13.69 and a beta of 0.77. The company has a 50-day moving average of $141.19 and a 200 day moving average of $138.88.

iShares Select Dividend ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, December 19th. Stockholders of record on Tuesday, December 16th were given a $1.6162 dividend. This represents a $6.46 dividend on an annualized basis and a dividend yield of 4.5%. This is a boost from iShares Select Dividend ETF’s previous quarterly dividend of $1.25. 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.