Olistico Wealth LLC Buys 1,200 Shares of iShares Select Dividend ETF $DVY

Olistico Wealth LLC grew its stake in iShares Select Dividend ETF (NASDAQ:DVY) by 169.5% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,908 shares of the company’s stock after acquiring an additional 1,200 shares during the period. Olistico Wealth LLC’s holdings in iShares Select Dividend ETF were worth $253,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of DVY. Financial Gravity Asset Management Inc. acquired a new stake in iShares Select Dividend ETF in the first quarter valued at approximately $30,000. IMA Advisory Services Inc. purchased a new position in shares of iShares Select Dividend ETF in the first quarter worth $34,000. Cypress Capital Management LLC WY purchased a new position in shares of iShares Select Dividend ETF in the first quarter worth $35,000. First Pacific Financial purchased a new position in shares of iShares Select Dividend ETF during the first quarter worth $40,000. Finally, IAG Wealth Partners LLC purchased a new position in shares of iShares Select Dividend ETF during the first quarter worth $54,000. 46.08% of the stock is currently owned by institutional investors.

iShares Select Dividend ETF Price Performance

Shares of iShares Select Dividend ETF stock opened at $143.11 on Friday. The stock has a market cap of $21.04 billion, a PE ratio of 13.69 and a beta of 0.87. The firm has a fifty day moving average price of $139.64 and a 200 day moving average price of $134.00. iShares Select Dividend ETF has a 1 year low of $115.94 and a 1 year high of $144.09.

iShares Select Dividend ETF Increases Dividend

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

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.