iShares Select Dividend ETF $DVY Shares Sold by Bleakley Financial Group LLC

Bleakley Financial Group LLC reduced its holdings in iShares Select Dividend ETF (NASDAQ:DVY) by 17.1% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 20,749 shares of the company’s stock after selling 4,281 shares during the quarter. Bleakley Financial Group LLC’s holdings in iShares Select Dividend ETF were worth $3,142,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in DVY. Caitlin John LLC purchased a new position in shares of iShares Select Dividend ETF during the 4th quarter worth about $25,000. Elevated Capital Advisors LLC purchased a new stake in iShares Select Dividend ETF in the fourth quarter valued at approximately $26,000. Ransom Advisory Ltd purchased a new stake in iShares Select Dividend ETF in the fourth quarter valued at approximately $27,000. Miller Capital Partners Inc. acquired a new position in iShares Select Dividend ETF during the fourth quarter worth approximately $30,000. Finally, Qube Research & Technologies Ltd acquired a new position in iShares Select Dividend ETF during the second quarter worth approximately $34,000. 46.08% of the stock is currently owned by hedge funds and other institutional investors.

iShares Select Dividend ETF Stock Up 0.1%

NASDAQ:DVY opened at $159.61 on Thursday. The company has a market cap of $23.42 billion, a P/E ratio of 13.69 and a beta of 0.66. The firm’s 50 day moving average is $155.59 and its two-hundred day moving average is $152.62. iShares Select Dividend ETF has a fifty-two week low of $132.83 and a fifty-two week high of $161.49.

iShares Select Dividend ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, June 18th. Investors of record on Monday, June 15th were given a $1.2472 dividend. This is an increase from iShares Select Dividend ETF’s previous quarterly dividend of $1.15. The ex-dividend date of this dividend was Monday, June 15th. This represents a $4.99 annualized dividend and a dividend yield of 3.1%.

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.