7,968 Shares in iShares Select Dividend ETF $DVY Acquired by Claris Financial LLC

Claris Financial LLC bought a new stake in shares of iShares Select Dividend ETF (NASDAQ:DVY) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 7,968 shares of the company’s stock, valued at approximately $1,125,000.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in DVY. Brighton Jones LLC grew its position in shares of iShares Select Dividend ETF by 14.3% during the 4th quarter. Brighton Jones LLC now owns 12,212 shares of the company’s stock valued at $1,603,000 after acquiring an additional 1,524 shares during the period. AQR Capital Management LLC raised its holdings in iShares Select Dividend ETF by 44.7% in the 1st quarter. AQR Capital Management LLC now owns 12,687 shares of the company’s stock worth $1,704,000 after purchasing an additional 3,918 shares during the period. Qube Research & Technologies Ltd bought a new position in iShares Select Dividend ETF in the 2nd quarter worth $34,000. NewEdge Advisors LLC lifted its position in iShares Select Dividend ETF by 0.4% during the second quarter. NewEdge Advisors LLC now owns 77,878 shares of the company’s stock valued at $10,343,000 after purchasing an additional 326 shares in the last quarter. Finally, Quantinno Capital Management LP lifted its position in iShares Select Dividend ETF by 52.8% during the second quarter. Quantinno Capital Management LP now owns 24,543 shares of the company’s stock valued at $3,260,000 after purchasing an additional 8,479 shares in the last quarter. 46.08% of the stock is owned by hedge funds and other institutional investors.

iShares Select Dividend ETF Stock Performance

NASDAQ:DVY opened at $153.30 on Friday. The stock has a 50-day simple moving average of $153.80 and a two-hundred day simple moving average of $150.56. The firm has a market capitalization of $22.55 billion, a PE ratio of 13.69 and a beta of 0.66. iShares Select Dividend ETF has a 52-week low of $129.94 and a 52-week high of $160.38.

iShares Select Dividend ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, June 18th. Stockholders of record on Monday, June 15th were given a dividend of $1.2472 per share. This represents a $4.99 dividend on an annualized basis and a dividend yield of 3.3%. The ex-dividend date of this dividend was Monday, June 15th. This is an increase from iShares Select Dividend ETF’s previous quarterly dividend of $1.15.

iShares Select Dividend ETF 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.