TD Private Client Wealth LLC Increases Stake in iShares Select Dividend ETF $DVY

TD Private Client Wealth LLC raised its stake in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 7.3% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 64,568 shares of the company’s stock after purchasing an additional 4,403 shares during the period. TD Private Client Wealth LLC’s holdings in iShares Select Dividend ETF were worth $9,175,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of the stock. Laurel Wealth Advisors LLC grew its stake in shares of iShares Select Dividend ETF by 13,158.9% during the 2nd quarter. Laurel Wealth Advisors LLC now owns 1,897,610 shares of the company’s stock valued at $252,022,000 after buying an additional 1,883,298 shares during the period. Envestnet Asset Management Inc. boosted its holdings in iShares Select Dividend ETF by 3.7% in the second quarter. Envestnet Asset Management Inc. now owns 1,612,404 shares of the company’s stock valued at $214,086,000 after acquiring an additional 57,961 shares during the last quarter. JPMorgan Chase & Co. grew its position in iShares Select Dividend ETF by 3.5% during the second quarter. JPMorgan Chase & Co. now owns 1,524,690 shares of the company’s stock valued at $202,494,000 after acquiring an additional 51,089 shares during the period. Kingstone Capital Partners Texas LLC acquired a new stake in iShares Select Dividend ETF during the second quarter worth about $178,925,000. Finally, Truist Financial Corp raised its holdings in shares of iShares Select Dividend ETF by 1.4% in the 2nd quarter. Truist Financial Corp now owns 1,165,722 shares of the company’s stock worth $154,820,000 after purchasing an additional 15,783 shares during the period. Hedge funds and other institutional investors own 46.08% of the company’s stock.

iShares Select Dividend ETF Price Performance

NASDAQ DVY opened at $145.29 on Tuesday. The firm has a market capitalization of $21.45 billion, a P/E ratio of 13.69 and a beta of 0.77. iShares Select Dividend ETF has a 1-year low of $115.94 and a 1-year high of $146.00. The business’s 50-day simple moving average is $141.85 and its 200-day simple moving average is $140.03.

iShares Select Dividend ETF Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, December 19th. Shareholders of record on Tuesday, December 16th were given a dividend of $1.6162 per share. This represents a $6.46 dividend on an annualized basis and a yield of 4.4%. This is a positive change from iShares Select Dividend ETF’s previous quarterly dividend of $1.25. The ex-dividend date of this dividend was 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. The Index consists of 100 of the highest dividend-yielding securities (excluding real estate investment trusts (REITs) in the Dow Jones U.S.