Trifecta Capital Advisors LLC Boosts Holdings in iShares Select Dividend ETF $DVY

Trifecta Capital Advisors LLC increased its stake in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 19.1% in the second quarter, according to its most recent Form 13F filing with the SEC. The fund owned 16,930 shares of the company’s stock after buying an additional 2,715 shares during the period. Trifecta Capital Advisors LLC’s holdings in iShares Select Dividend ETF were worth $2,248,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Financial Gravity Asset Management Inc. bought a new position in iShares Select Dividend ETF during the first quarter worth about $30,000. IMA Advisory Services Inc. purchased a new stake in iShares Select Dividend ETF in the first quarter valued at approximately $34,000. Cypress Capital Management LLC WY purchased a new stake in iShares Select Dividend ETF in the first quarter valued at approximately $35,000. First Pacific Financial purchased a new stake in iShares Select Dividend ETF in the first quarter valued at approximately $40,000. Finally, IAG Wealth Partners LLC purchased a new position in shares of iShares Select Dividend ETF during the first quarter worth approximately $54,000. Institutional investors own 46.08% of the company’s stock.

iShares Select Dividend ETF Stock Performance

DVY stock opened at $141.91 on Thursday. The company has a market capitalization of $20.86 billion, a PE ratio of 13.69 and a beta of 0.87. iShares Select Dividend ETF has a one year low of $115.94 and a one year high of $144.09. The company’s 50 day moving average price is $139.99 and its two-hundred day moving average price is $134.18.

iShares Select Dividend ETF Increases Dividend

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