Integrated Advisors Network LLC Has $1.57 Million Stock Holdings in iShares Select Dividend ETF $DVY

Integrated Advisors Network LLC trimmed its position in iShares Select Dividend ETF (NASDAQ:DVY) by 67.8% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 10,390 shares of the company’s stock after selling 21,828 shares during the quarter. Integrated Advisors Network LLC’s holdings in iShares Select Dividend ETF were worth $1,573,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in DVY. Archer Investment Corp boosted its stake in shares of iShares Select Dividend ETF by 0.9% in the 4th quarter. Archer Investment Corp now owns 7,840 shares of the company’s stock valued at $1,106,000 after purchasing an additional 69 shares during the last quarter. Kingsview Wealth Management LLC lifted its holdings in iShares Select Dividend ETF by 1.6% in the fourth quarter. Kingsview Wealth Management LLC now owns 4,463 shares of the company’s stock valued at $630,000 after buying an additional 69 shares during the period. Romano Brothers AND Company lifted its holdings in iShares Select Dividend ETF by 0.7% in the fourth quarter. Romano Brothers AND Company now owns 10,023 shares of the company’s stock valued at $1,415,000 after buying an additional 70 shares during the period. Harbor Asset Planning Inc. boosted its stake in iShares Select Dividend ETF by 3.4% in the first quarter. Harbor Asset Planning Inc. now owns 2,202 shares of the company’s stock valued at $333,000 after acquiring an additional 72 shares during the last quarter. Finally, Journey Advisory Group LLC boosted its stake in iShares Select Dividend ETF by 0.8% in the fourth quarter. Journey Advisory Group LLC now owns 9,693 shares of the company’s stock valued at $1,368,000 after acquiring an additional 75 shares during the last quarter. 46.08% of the stock is owned by institutional investors.

iShares Select Dividend ETF Stock Performance

DVY opened at $159.81 on Wednesday. The company has a fifty day moving average price of $154.94 and a two-hundred day moving average price of $151.90. The firm has a market capitalization of $23.42 billion, a PE ratio of 13.69 and a beta of 0.66. iShares Select Dividend ETF has a 52 week low of $132.83 and a 52 week high of $161.01.

iShares Select Dividend ETF Increases Dividend

The business also recently disclosed 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 boost from iShares Select Dividend ETF’s previous quarterly dividend of $1.15. This represents a $4.99 dividend on an annualized basis and a yield of 3.1%. The ex-dividend date 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.