Hsbc Holdings PLC Has $2.15 Million Holdings in iShares Select Dividend ETF $DVY

Hsbc Holdings PLC grew its holdings in iShares Select Dividend ETF (NASDAQ:DVY) by 336.4% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 15,231 shares of the company’s stock after purchasing an additional 11,741 shares during the period. Hsbc Holdings PLC’s holdings in iShares Select Dividend ETF were worth $2,150,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in the stock. Brighton Jones LLC increased its position in iShares Select Dividend ETF by 14.3% in the 4th 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 during the last quarter. AQR Capital Management LLC raised its position in shares of iShares Select Dividend ETF by 44.7% in the first 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 during the period. Qube Research & Technologies Ltd bought a new position in shares of iShares Select Dividend ETF in the second quarter valued at approximately $34,000. NewEdge Advisors LLC boosted its holdings in shares of iShares Select Dividend ETF by 0.4% during the 2nd quarter. NewEdge Advisors LLC now owns 77,878 shares of the company’s stock worth $10,343,000 after buying an additional 326 shares during the period. Finally, Quantinno Capital Management LP grew its position in shares of 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 valued at $3,260,000 after purchasing an additional 8,479 shares during the last quarter. 46.08% of the stock is currently owned by institutional investors and hedge funds.

iShares Select Dividend ETF Stock Up 0.9%

Shares of DVY stock traded up $1.35 during trading hours on Friday, reaching $159.46. 434,617 shares of the company’s stock were exchanged, compared to its average volume of 482,455. The stock has a market capitalization of $23.39 billion, a P/E ratio of 13.69 and a beta of 0.66. iShares Select Dividend ETF has a fifty-two week low of $132.83 and a fifty-two week high of $161.01. The business has a fifty day moving average price of $155.28 and a 200-day moving average price of $152.18.

iShares Select Dividend ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, June 18th. Investors of record on Monday, June 15th were paid a $1.2472 dividend. The ex-dividend date was Monday, June 15th. This is a boost from iShares Select Dividend ETF’s previous quarterly dividend of $1.15. 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.