Titleist Asset Management LLC Has $1.14 Million Stake in iShares Select Dividend ETF $DVY

Titleist Asset Management LLC boosted its holdings in iShares Select Dividend ETF (NASDAQ:DVY) by 3.4% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 8,466 shares of the company’s stock after purchasing an additional 278 shares during the period. Titleist Asset Management LLC’s holdings in iShares Select Dividend ETF were worth $1,137,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. Wealth Enhancement Advisory Services LLC grew its position in iShares Select Dividend ETF by 5.1% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 200,247 shares of the company’s stock valued at $26,891,000 after purchasing an additional 9,632 shares in the last quarter. Bessemer Group Inc. grew its position in iShares Select Dividend ETF by 350.4% in the first quarter. Bessemer Group Inc. now owns 12,899 shares of the company’s stock valued at $1,733,000 after purchasing an additional 10,035 shares in the last quarter. GAMMA Investing LLC grew its position in iShares Select Dividend ETF by 549.1% in the first quarter. GAMMA Investing LLC now owns 1,506 shares of the company’s stock valued at $202,000 after purchasing an additional 1,274 shares in the last quarter. Millstone Evans Group LLC grew its position in iShares Select Dividend ETF by 89.4% in the first quarter. Millstone Evans Group LLC now owns 517 shares of the company’s stock valued at $69,000 after purchasing an additional 244 shares in the last quarter. Finally, Kestra Private Wealth Services LLC grew its position in iShares Select Dividend ETF by 8.8% in the first quarter. Kestra Private Wealth Services LLC now owns 7,738 shares of the company’s stock valued at $1,039,000 after purchasing an additional 628 shares in the last quarter. Institutional investors own 46.08% of the company’s stock.

iShares Select Dividend ETF Stock Up 0.4%

Shares of iShares Select Dividend ETF stock opened at $141.86 on Friday. iShares Select Dividend ETF has a 12-month low of $115.94 and a 12-month high of $144.09. The stock has a market cap of $20.80 billion, a P/E ratio of 13.69 and a beta of 0.87. The business’s 50 day moving average is $136.61 and its 200-day moving average is $132.91.

iShares Select Dividend ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, June 20th. Investors of record on Monday, June 16th were issued a dividend of $1.2333 per share. The ex-dividend date was Monday, June 16th. This is a positive change from iShares Select Dividend ETF’s previous quarterly dividend of $0.93. This represents a $4.93 dividend on an annualized basis and a yield of 3.5%.

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.