iShares Select Dividend ETF $DVY Shares Acquired by Osaic Holdings Inc.

Osaic Holdings Inc. grew its holdings in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 16.3% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 352,044 shares of the company’s stock after purchasing an additional 49,367 shares during the period. Osaic Holdings Inc. owned approximately 0.24% of iShares Select Dividend ETF worth $46,831,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in DVY. Brighton Jones LLC raised its stake in iShares Select Dividend ETF by 0.7% in the second quarter. Brighton Jones LLC now owns 11,418 shares of the company’s stock valued at $1,516,000 after buying an additional 75 shares during the last quarter. North Forty Two & Co. grew its stake in shares of iShares Select Dividend ETF by 1.6% during the second quarter. North Forty Two & Co. now owns 4,902 shares of the company’s stock worth $651,000 after acquiring an additional 75 shares during the last quarter. Precedent Wealth Partners LLC increased its holdings in shares of iShares Select Dividend ETF by 0.7% during the second quarter. Precedent Wealth Partners LLC now owns 11,185 shares of the company’s stock valued at $1,486,000 after acquiring an additional 77 shares in the last quarter. Journey Strategic Wealth LLC raised its position in shares of iShares Select Dividend ETF by 2.4% in the 2nd quarter. Journey Strategic Wealth LLC now owns 3,331 shares of the company’s stock valued at $442,000 after purchasing an additional 78 shares during the last quarter. Finally, Keudell Morrison Wealth Management raised its position in shares of iShares Select Dividend ETF by 1.0% in the 2nd quarter. Keudell Morrison Wealth Management now owns 8,224 shares of the company’s stock valued at $1,092,000 after purchasing an additional 79 shares during the last quarter. 46.08% of the stock is currently owned by hedge funds and other institutional investors.

iShares Select Dividend ETF Stock Up 0.2%

DVY stock opened at $144.43 on Tuesday. The stock has a market capitalization of $21.14 billion, a PE 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 $145.03. The firm has a 50 day moving average of $141.00 and a 200 day moving average of $138.39.

iShares Select Dividend ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 19th. Stockholders of record on Tuesday, December 16th will be issued a dividend of $1.6162 per share. This represents a $6.46 dividend on an annualized basis and a dividend yield of 4.5%. This is a boost from iShares Select Dividend ETF’s previous quarterly dividend of $1.25. The ex-dividend date of this dividend is Tuesday, December 16th.

iShares Select Dividend ETF Company 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.