Corient Private Wealth LLC Buys 52,221 Shares of iShares Select Dividend ETF $DVY

Corient Private Wealth LLC increased its position in iShares Select Dividend ETF (NASDAQ:DVY) by 62.2% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 136,147 shares of the company’s stock after purchasing an additional 52,221 shares during the quarter. Corient Private Wealth LLC’s holdings in iShares Select Dividend ETF were worth $19,219,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently made changes to their positions in DVY. Brighton Jones LLC raised its holdings 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 worth $1,603,000 after purchasing an additional 1,524 shares in the last quarter. AQR Capital Management LLC grew its position in shares of 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 buying an additional 3,918 shares during the period. Qube Research & Technologies Ltd purchased a new stake in shares of iShares Select Dividend ETF in the 2nd quarter worth about $34,000. NewEdge Advisors LLC increased 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 worth $10,343,000 after acquiring an additional 326 shares in the last quarter. Finally, Quantinno Capital Management LP increased its stake in shares of iShares Select Dividend ETF by 52.8% in the 2nd quarter. Quantinno Capital Management LP now owns 24,543 shares of the company’s stock worth $3,260,000 after acquiring an additional 8,479 shares in the last quarter. 46.08% of the stock is currently owned by institutional investors.

iShares Select Dividend ETF Price Performance

Shares of NASDAQ DVY opened at $154.15 on Tuesday. iShares Select Dividend ETF has a 1 year low of $129.94 and a 1 year high of $160.38. The firm has a 50-day moving average of $153.82 and a 200 day moving average of $150.73. The stock has a market cap of $22.68 billion, a P/E ratio of 13.69 and a beta of 0.66.

iShares Select Dividend ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, June 18th. Shareholders of record on Monday, June 15th were paid a dividend of $1.2472 per share. 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 3.2%. The ex-dividend date of this dividend was Monday, June 15th.

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.