PFG Investments LLC Has $1.71 Million Stock Position in iShares Select Dividend ETF $DVY

PFG Investments LLC reduced its holdings in iShares Select Dividend ETF (NASDAQ:DVY) by 3.5% in the 2nd quarter, according to the company in its most recent filing with the SEC. The firm owned 12,843 shares of the company’s stock after selling 471 shares during the quarter. PFG Investments LLC’s holdings in iShares Select Dividend ETF were worth $1,706,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Kingstone Capital Partners Texas LLC acquired a new position in shares of iShares Select Dividend ETF in the 2nd quarter worth approximately $178,925,000. GAMMA Investing LLC lifted its position in shares of iShares Select Dividend ETF by 87,072.8% in the 1st quarter. GAMMA Investing LLC now owns 202,241 shares of the company’s stock worth $27,159,000 after purchasing an additional 202,009 shares during the period. Northern Trust Corp lifted its position in shares of iShares Select Dividend ETF by 6.7% in the 1st quarter. Northern Trust Corp now owns 3,093,549 shares of the company’s stock worth $415,433,000 after purchasing an additional 194,941 shares during the period. OMERS ADMINISTRATION Corp acquired a new position in shares of iShares Select Dividend ETF in the 1st quarter worth approximately $24,669,000. Finally, Yukon Wealth Management Inc. acquired a new position in shares of iShares Select Dividend ETF in the 1st quarter worth approximately $21,391,000. 46.08% of the stock is currently owned by institutional investors and hedge funds.

iShares Select Dividend ETF Stock Performance

Shares of NASDAQ DVY opened at $142.34 on Thursday. The company has a market capitalization of $20.87 billion, a P/E ratio of 13.69 and a beta of 0.87. iShares Select Dividend ETF has a 52-week low of $115.94 and a 52-week high of $144.09. The company’s 50 day moving average price is $139.44 and its 200-day moving average price is $133.87.

iShares Select Dividend ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 19th. Shareholders of record on Tuesday, September 16th were given a $1.2465 dividend. This is a positive change from iShares Select Dividend ETF’s previous quarterly dividend of $1.23. This represents a $4.99 annualized dividend and a yield of 3.5%. The ex-dividend date of this dividend was Tuesday, September 16th.

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.