Harel Insurance Investments & Financial Services Ltd. Sells 1,350 Shares of iShares Select Dividend ETF $DVY

Harel Insurance Investments & Financial Services Ltd. decreased its position in iShares Select Dividend ETF (NASDAQ:DVY) by 63.4% during the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 778 shares of the company’s stock after selling 1,350 shares during the quarter. Harel Insurance Investments & Financial Services Ltd.’s holdings in iShares Select Dividend ETF were worth $103,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of DVY. Brighton Jones LLC lifted 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 period. D.A. Davidson & CO. increased its position in iShares Select Dividend ETF by 19.6% in the first quarter. D.A. Davidson & CO. now owns 21,286 shares of the company’s stock worth $2,859,000 after buying an additional 3,493 shares in the last quarter. OneDigital Investment Advisors LLC increased its position in iShares Select Dividend ETF by 2.9% in the first quarter. OneDigital Investment Advisors LLC now owns 15,950 shares of the company’s stock worth $2,142,000 after buying an additional 444 shares in the last quarter. Wayfinding Financial LLC purchased a new stake in iShares Select Dividend ETF in the first quarter worth about $73,000. Finally, Concurrent Investment Advisors LLC increased its position in iShares Select Dividend ETF by 34.7% in the first quarter. Concurrent Investment Advisors LLC now owns 8,181 shares of the company’s stock worth $1,099,000 after buying an additional 2,108 shares in the last quarter. Institutional investors own 46.08% of the company’s stock.

iShares Select Dividend ETF Stock Down 0.4%

Shares of DVY opened at $138.62 on Tuesday. The business has a 50-day simple moving average of $141.08 and a two-hundred day simple moving average of $135.96. The stock has a market cap of $20.30 billion, a price-to-earnings ratio of 13.69 and a beta of 0.77. iShares Select Dividend ETF has a 52 week low of $115.94 and a 52 week high of $144.09.

iShares Select Dividend ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, September 19th. Shareholders of record on Tuesday, September 16th were given a $1.2465 dividend. The ex-dividend date was Tuesday, September 16th. This is a positive change from iShares Select Dividend ETF’s previous quarterly dividend of $1.23. This represents a $4.99 dividend on an annualized basis and a yield of 3.6%.

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.