GW Henssler & Associates Ltd. Buys 4,718 Shares of iShares Select Dividend ETF $DVY

GW Henssler & Associates Ltd. boosted its stake in iShares Select Dividend ETF (NASDAQ:DVY) by 4.0% during the 2nd quarter, HoldingsChannel.com reports. The fund owned 121,224 shares of the company’s stock after acquiring an additional 4,718 shares during the period. GW Henssler & Associates Ltd.’s holdings in iShares Select Dividend ETF were worth $16,100,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in DVY. Brighton Jones LLC boosted its holdings in iShares Select Dividend ETF by 14.3% in the fourth quarter. Brighton Jones LLC now owns 12,212 shares of the company’s stock valued at $1,603,000 after acquiring an additional 1,524 shares during the last quarter. GAMMA Investing LLC boosted its holdings 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 acquiring an additional 1,274 shares during the last quarter. Rockland Trust Co. boosted its holdings in iShares Select Dividend ETF by 17.7% in the first quarter. Rockland Trust Co. now owns 2,706 shares of the company’s stock valued at $363,000 after acquiring an additional 406 shares during the last quarter. Stock Yards Bank & Trust Co. boosted its holdings in iShares Select Dividend ETF by 16.3% in the first quarter. Stock Yards Bank & Trust Co. now owns 11,002 shares of the company’s stock valued at $1,477,000 after acquiring an additional 1,543 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC boosted its holdings 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 acquiring an additional 9,632 shares during the last quarter. 46.08% of the stock is currently owned by institutional investors.

iShares Select Dividend ETF Price Performance

Shares of DVY stock opened at $138.16 on Friday. The business’s 50 day simple moving average is $140.19 and its 200 day simple moving average is $134.27. iShares Select Dividend ETF has a one year low of $115.94 and a one year high of $144.09. The stock has a market capitalization of $20.32 billion, a PE ratio of 13.69 and a beta of 0.87.

iShares Select Dividend ETF Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, September 19th. Shareholders of record on Tuesday, September 16th were paid a $1.2465 dividend. This represents a $4.99 annualized dividend and a yield of 3.6%. This is a boost from iShares Select Dividend ETF’s previous quarterly dividend of $1.23. 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.