Wolff Wiese Magana LLC Sells 300 Shares of iShares Select Dividend ETF $DVY

Wolff Wiese Magana LLC lessened its position in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 1.3% during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 23,043 shares of the company’s stock after selling 300 shares during the quarter. iShares Select Dividend ETF comprises about 1.9% of Wolff Wiese Magana LLC’s investment portfolio, making the stock its 11th largest position. Wolff Wiese Magana LLC’s holdings in iShares Select Dividend ETF were worth $3,060,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Wealth Enhancement Advisory Services LLC boosted its stake in shares of iShares Select Dividend ETF by 5.1% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 200,247 shares of the company’s stock valued at $26,891,000 after purchasing an additional 9,632 shares during the last quarter. Bessemer Group Inc. lifted its holdings in iShares Select Dividend ETF by 350.4% in the first quarter. Bessemer Group Inc. now owns 12,899 shares of the company’s stock valued at $1,733,000 after buying an additional 10,035 shares during the period. GAMMA Investing LLC boosted its stake in iShares Select Dividend ETF by 549.1% in the first quarter. GAMMA Investing LLC now owns 1,506 shares of the company’s stock valued at $202,000 after acquiring an additional 1,274 shares during the last quarter. Millstone Evans Group LLC grew its holdings in iShares Select Dividend ETF by 89.4% during the 1st quarter. Millstone Evans Group LLC now owns 517 shares of the company’s stock worth $69,000 after acquiring an additional 244 shares during the period. Finally, Cove Private Wealth LLC grew its holdings in 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. 46.08% of the stock is currently owned by institutional investors and hedge funds.

iShares Select Dividend ETF Stock Up 1.0%

DVY stock opened at $141.36 on Monday. iShares Select Dividend ETF has a twelve month low of $115.94 and a twelve month high of $144.09. The company has a market cap of $20.72 billion, a P/E ratio of 13.69 and a beta of 0.87. The business’s fifty day moving average is $139.16 and its 200-day moving average is $133.70.

iShares Select Dividend ETF Increases Dividend

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

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.