iShares Select Dividend ETF $DVY Shares Bought by MainStreet Investment Advisors LLC

MainStreet Investment Advisors LLC raised its position in iShares Select Dividend ETF (NASDAQ:DVY) by 12.4% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 4,658 shares of the company’s stock after buying an additional 515 shares during the quarter. MainStreet Investment Advisors LLC’s holdings in iShares Select Dividend ETF were worth $619,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also modified their holdings of DVY. Brighton Jones LLC grew its position in iShares Select Dividend ETF by 14.3% during the 4th quarter. Brighton Jones LLC now owns 12,212 shares of the company’s stock worth $1,603,000 after purchasing an additional 1,524 shares during the last quarter. Kestra Private Wealth Services LLC grew its holdings in shares of iShares Select Dividend ETF by 8.8% during the first quarter. Kestra Private Wealth Services LLC now owns 7,738 shares of the company’s stock worth $1,039,000 after buying an additional 628 shares during the last quarter. J.W. Cole Advisors Inc. increased its position in iShares Select Dividend ETF by 1.9% in the 1st quarter. J.W. Cole Advisors Inc. now owns 33,920 shares of the company’s stock valued at $4,555,000 after acquiring an additional 624 shares during the period. Millstone Evans Group LLC raised its stake in iShares Select Dividend ETF by 89.4% during the 1st quarter. Millstone Evans Group LLC now owns 517 shares of the company’s stock valued at $69,000 after acquiring an additional 244 shares during the last quarter. Finally, Ignite Planners LLC acquired a new stake in iShares Select Dividend ETF during the 1st quarter worth approximately $655,000. 46.08% of the stock is currently owned by hedge funds and other institutional investors.

iShares Select Dividend ETF Trading Down 1.2%

NASDAQ:DVY opened at $138.90 on Tuesday. iShares Select Dividend ETF has a 12-month low of $115.94 and a 12-month high of $144.09. The stock’s 50 day simple moving average is $140.80 and its 200-day simple moving average is $136.87. The firm has a market cap of $20.33 billion, a P/E ratio of 13.69 and a beta of 0.77.

iShares Select Dividend ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, September 19th. Shareholders of record on Tuesday, September 16th were given a dividend of $1.2465 per share. 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.