Astoria Portfolio Advisors LLC. Has $1.73 Million Stock Position in iShares Select Dividend ETF $DVY

Astoria Portfolio Advisors LLC. grew its position in iShares Select Dividend ETF (NASDAQ:DVY) by 82.4% in the fourth quarter, Holdings Channel.com reports. The fund owned 11,159 shares of the company’s stock after buying an additional 5,042 shares during the period. Astoria Portfolio Advisors LLC.’s holdings in iShares Select Dividend ETF were worth $1,732,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently modified their holdings of the company. Caitlin John LLC bought a new position in iShares Select Dividend ETF during the fourth quarter worth about $25,000. Elevated Capital Advisors LLC acquired a new stake in iShares Select Dividend ETF during the 4th quarter valued at $26,000. Ransom Advisory Ltd acquired a new stake in iShares Select Dividend ETF during the 4th quarter valued at $27,000. Miller Capital Partners Inc. bought a new position in iShares Select Dividend ETF in the 4th quarter valued at $30,000. Finally, Qube Research & Technologies Ltd bought a new position in iShares Select Dividend ETF in the 2nd quarter valued at $34,000. Institutional investors and hedge funds own 46.08% of the company’s stock.

iShares Select Dividend ETF Stock Performance

iShares Select Dividend ETF stock opened at $153.30 on Friday. The business’s fifty day moving average is $153.80 and its two-hundred day moving average is $150.56. The firm has a market cap of $22.55 billion, a P/E 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 firm also recently declared a quarterly dividend, which was paid on Thursday, June 18th. Investors of record on Monday, June 15th were issued a $1.2472 dividend. This is a positive change from iShares Select Dividend ETF’s previous quarterly dividend of $1.15. 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.

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.