Gamco Investors INC. ET AL Has $2.19 Million Position in iShares Select Dividend ETF $DVY

Gamco Investors INC. ET AL raised its stake in iShares Select Dividend ETF (NASDAQ:DVY) by 230.2% in the 2nd quarter, Holdings Channel.com reports. The fund owned 16,508 shares of the company’s stock after buying an additional 11,508 shares during the quarter. Gamco Investors INC. ET AL’s holdings in iShares Select Dividend ETF were worth $2,192,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently modified their holdings of the stock. Flow Traders U.S. LLC bought a new position in iShares Select Dividend ETF in the 2nd quarter valued at about $1,405,000. Cove Private Wealth LLC lifted its holdings in shares of iShares Select Dividend ETF by 64.6% during the 2nd quarter. Cove Private Wealth LLC now owns 8,280 shares of the company’s stock worth $1,100,000 after acquiring an additional 3,250 shares during the period. Courage Miller Partners LLC boosted its position in shares of iShares Select Dividend ETF by 28.6% during the 2nd quarter. Courage Miller Partners LLC now owns 2,795 shares of the company’s stock worth $371,000 after acquiring an additional 621 shares in the last quarter. Astoria Portfolio Advisors LLC. increased its stake in iShares Select Dividend ETF by 25.5% in the second quarter. Astoria Portfolio Advisors LLC. now owns 5,590 shares of the company’s stock valued at $768,000 after acquiring an additional 1,136 shares during the last quarter. Finally, Worth Financial Advisory Group LLC increased its stake in iShares Select Dividend ETF by 29.0% in the second quarter. Worth Financial Advisory Group LLC now owns 2,777 shares of the company’s stock valued at $369,000 after acquiring an additional 625 shares during the last quarter. 46.08% of the stock is currently owned by institutional investors.

iShares Select Dividend ETF Price Performance

NASDAQ DVY opened at $143.26 on Thursday. The business has a fifty day moving average price of $140.89 and a two-hundred day moving average price of $138.05. The stock has a market capitalization of $20.97 billion, a PE ratio of 13.69 and a beta of 0.77. iShares Select Dividend ETF has a fifty-two week low of $115.94 and a fifty-two week high of $143.77.

iShares Select Dividend ETF Increases Dividend

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

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.