Berkshire Asset Management LLC PA Has $1.71 Million Holdings in iShares Select Dividend ETF $DVY

Berkshire Asset Management LLC PA trimmed its position in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 38.5% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 12,112 shares of the company’s stock after selling 7,579 shares during the quarter. Berkshire Asset Management LLC PA’s holdings in iShares Select Dividend ETF were worth $1,709,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also made changes to their positions in the company. Brighton Jones LLC lifted its stake in iShares Select Dividend ETF by 14.3% in the fourth 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 last quarter. AQR Capital Management LLC raised its holdings in shares of iShares Select Dividend ETF by 44.7% during the 1st quarter. AQR Capital Management LLC now owns 12,687 shares of the company’s stock valued at $1,704,000 after purchasing an additional 3,918 shares in the last quarter. Qube Research & Technologies Ltd bought a new position in shares of iShares Select Dividend ETF during the 2nd quarter valued at $34,000. NewEdge Advisors LLC lifted its stake in shares of iShares Select Dividend ETF by 0.4% in the 2nd 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 during the last quarter. Finally, Quantinno Capital Management LP boosted its holdings in iShares Select Dividend ETF by 52.8% in the second quarter. Quantinno Capital Management LP now owns 24,543 shares of the company’s stock worth $3,260,000 after purchasing an additional 8,479 shares in the last quarter. Institutional investors own 46.08% of the company’s stock.

iShares Select Dividend ETF Price Performance

iShares Select Dividend ETF stock opened at $156.41 on Wednesday. The company has a market capitalization of $23.01 billion, a price-to-earnings ratio of 13.69 and a beta of 0.66. iShares Select Dividend ETF has a one year low of $129.36 and a one year high of $160.38. The company’s fifty day moving average price is $153.73 and its two-hundred day moving average price is $150.42.

iShares Select Dividend ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 18th. Stockholders of record on Monday, June 15th will be issued a dividend of $1.2472 per share. The ex-dividend date of this dividend is Monday, June 15th. This represents a $4.99 dividend on an annualized basis and a dividend yield of 3.2%. This is a positive change from iShares Select Dividend ETF’s previous quarterly dividend of $1.15.

About iShares Select Dividend ETF

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.