10,129 Shares in iShares Select Dividend ETF $DVY Purchased by Tempo Wealth LLC

Tempo Wealth LLC purchased a new stake in iShares Select Dividend ETF (NASDAQ:DVY) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 10,129 shares of the company’s stock, valued at approximately $1,430,000.

Other large investors have also recently bought and sold shares of the company. Bank of America Corp DE increased its stake in shares of iShares Select Dividend ETF by 3.3% during the third quarter. Bank of America Corp DE now owns 8,096,893 shares of the company’s stock worth $1,150,568,000 after purchasing an additional 256,434 shares during the period. Morgan Stanley boosted its stake in iShares Select Dividend ETF by 3.6% in the 4th quarter. Morgan Stanley now owns 6,506,794 shares of the company’s stock valued at $918,369,000 after purchasing an additional 224,125 shares during the period. Northwestern Mutual Wealth Management Co. grew its holdings in iShares Select Dividend ETF by 1,771.5% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 6,385,482 shares of the company’s stock valued at $901,247,000 after buying an additional 6,044,290 shares in the last quarter. Wells Fargo & Company MN grew its holdings in iShares Select Dividend ETF by 1.9% in the 4th quarter. Wells Fargo & Company MN now owns 3,807,955 shares of the company’s stock valued at $537,455,000 after buying an additional 69,658 shares in the last quarter. Finally, Royal Bank of Canada increased its position in iShares Select Dividend ETF by 3.9% during the 4th quarter. Royal Bank of Canada now owns 3,073,777 shares of the company’s stock worth $433,832,000 after buying an additional 114,490 shares during the period. 46.08% of the stock is owned by institutional investors.

iShares Select Dividend ETF Price Performance

DVY stock opened at $153.30 on Friday. iShares Select Dividend ETF has a fifty-two week low of $129.94 and a fifty-two week high of $160.38. The stock has a market capitalization of $22.55 billion, a price-to-earnings ratio of 13.69 and a beta of 0.66. The business’s fifty day moving average price is $153.80 and its two-hundred day moving average price is $150.56.

iShares Select Dividend ETF Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, June 18th. Investors of record on Monday, June 15th were paid a $1.2472 dividend. This represents a $4.99 annualized dividend and a dividend yield of 3.3%. This is a boost from iShares Select Dividend ETF’s previous quarterly dividend of $1.15. The ex-dividend date was Monday, June 15th.

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. The Index consists of 100 of the highest dividend-yielding securities (excluding real estate investment trusts (REITs) in the Dow Jones U.S.