iShares Select Dividend ETF $DVY Shares Bought by Olistico Wealth LLC

Olistico Wealth LLC grew its stake in iShares Select Dividend ETF (NASDAQ:DVY) by 169.5% during the second quarter, Holdings Channel.com reports. The fund owned 1,908 shares of the company’s stock after acquiring an additional 1,200 shares during the period. Olistico Wealth LLC’s holdings in iShares Select Dividend ETF were worth $253,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Precedent Wealth Partners LLC increased its stake in iShares Select Dividend ETF by 0.7% during the 2nd quarter. Precedent Wealth Partners LLC now owns 11,185 shares of the company’s stock worth $1,486,000 after buying an additional 77 shares during the period. Murphy Middleton Hinkle & Parker Inc. increased its stake in iShares Select Dividend ETF by 0.3% during the 1st quarter. Murphy Middleton Hinkle & Parker Inc. now owns 32,178 shares of the company’s stock worth $4,318,000 after buying an additional 84 shares during the period. Denver Wealth Management Inc. increased its stake in iShares Select Dividend ETF by 4.2% during the 1st quarter. Denver Wealth Management Inc. now owns 2,086 shares of the company’s stock worth $280,000 after buying an additional 85 shares during the period. CRA Financial Services LLC increased its stake in iShares Select Dividend ETF by 1.0% during the 2nd quarter. CRA Financial Services LLC now owns 9,620 shares of the company’s stock worth $1,278,000 after buying an additional 91 shares during the period. Finally, Fidelity D & D Bancorp Inc. increased its stake in iShares Select Dividend ETF by 5.7% during the 1st quarter. Fidelity D & D Bancorp Inc. now owns 1,729 shares of the company’s stock worth $232,000 after buying an additional 93 shares during the period. 46.08% of the stock is owned by hedge funds and other institutional investors.

iShares Select Dividend ETF Stock Up 0.8%

Shares of DVY opened at $143.11 on Friday. iShares Select Dividend ETF has a fifty-two week low of $115.94 and a fifty-two week high of $144.09. The firm’s 50 day moving average price is $139.64 and its 200 day moving average price is $134.00. The company has a market cap of $21.04 billion, a P/E ratio of 13.69 and a beta of 0.87.

iShares Select Dividend ETF Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, September 19th. Shareholders of record on Tuesday, September 16th were issued a dividend of $1.2465 per share. This is a boost from iShares Select Dividend ETF’s previous quarterly dividend of $1.23. The ex-dividend date was Tuesday, September 16th. This represents a $4.99 annualized dividend 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.