Journey Advisory Group LLC Sells 100 Shares of iShares Select Dividend ETF $DVY

Journey Advisory Group LLC reduced its position in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 1.0% in the 2nd quarter, HoldingsChannel.com reports. The firm owned 9,618 shares of the company’s stock after selling 100 shares during the quarter. Journey Advisory Group LLC’s holdings in iShares Select Dividend ETF were worth $1,277,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Kingstone Capital Partners Texas LLC acquired a new position in shares of iShares Select Dividend ETF during the 2nd quarter worth about $178,925,000. Northern Trust Corp grew its position in shares of iShares Select Dividend ETF by 6.7% during the 1st quarter. Northern Trust Corp now owns 3,093,549 shares of the company’s stock worth $415,433,000 after buying an additional 194,941 shares during the period. OMERS ADMINISTRATION Corp acquired a new position in shares of iShares Select Dividend ETF during the 1st quarter worth about $24,669,000. Yukon Wealth Management Inc. acquired a new position in shares of iShares Select Dividend ETF during the 1st quarter worth about $21,391,000. Finally, Goldman Sachs Group Inc. grew its position in shares of iShares Select Dividend ETF by 12.8% during the 1st quarter. Goldman Sachs Group Inc. now owns 678,028 shares of the company’s stock worth $91,052,000 after buying an additional 76,855 shares during the period. 46.08% of the stock is owned by institutional investors.

iShares Select Dividend ETF Trading Up 0.8%

iShares Select Dividend ETF stock opened at $141.28 on Tuesday. The firm has a market capitalization of $20.79 billion, a P/E ratio of 13.69 and a beta of 0.87. iShares Select Dividend ETF has a 1 year low of $115.94 and a 1 year high of $144.09. The business has a 50-day moving average of $140.77 and a 200-day moving average of $134.66.

iShares Select Dividend ETF Increases Dividend

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

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.