Wealthcare Advisory Partners LLC Has $3.51 Million Holdings in iShares Select Dividend ETF $DVY

Wealthcare Advisory Partners LLC trimmed its stake in iShares Select Dividend ETF (NASDAQ:DVY) by 3.9% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 26,420 shares of the company’s stock after selling 1,058 shares during the period. Wealthcare Advisory Partners LLC’s holdings in iShares Select Dividend ETF were worth $3,509,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Oak Hill Wealth Advisors LLC acquired a new stake in shares of iShares Select Dividend ETF in the second quarter valued at about $201,000. QRG Capital Management Inc. boosted its holdings in iShares Select Dividend ETF by 1.3% in the second quarter. QRG Capital Management Inc. now owns 7,747 shares of the company’s stock valued at $1,029,000 after acquiring an additional 97 shares during the last quarter. Precedent Wealth Partners LLC boosted its holdings in iShares Select Dividend ETF by 0.7% in the second quarter. Precedent Wealth Partners LLC now owns 11,185 shares of the company’s stock valued at $1,486,000 after acquiring an additional 77 shares during the last quarter. Stock Yards Bank & Trust Co. increased its position in iShares Select Dividend ETF by 22.1% during the 2nd quarter. Stock Yards Bank & Trust Co. now owns 13,432 shares of the company’s stock valued at $1,784,000 after purchasing an additional 2,430 shares during the period. Finally, Ascent Group LLC bought a new position in iShares Select Dividend ETF during the 2nd quarter worth approximately $436,000. 46.08% of the stock is owned by institutional investors and hedge funds.

iShares Select Dividend ETF Stock Performance

Shares of NASDAQ DVY opened at $143.11 on Monday. The company’s 50 day moving average price is $139.64 and its 200-day moving average price is $134.00. iShares Select Dividend ETF has a 52-week low of $115.94 and a 52-week high of $144.09. The company has a market capitalization of $21.04 billion, a P/E ratio of 13.69 and a beta of 0.87.

iShares Select Dividend ETF Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, September 19th. Shareholders of record on Tuesday, September 16th were given 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 of this dividend 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.