Caliber Wealth Management LLC KS Invests $218,000 in iShares Select Dividend ETF $DVY

Caliber Wealth Management LLC KS purchased a new position in iShares Select Dividend ETF (NASDAQ:DVY) in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 1,638 shares of the company’s stock, valued at approximately $218,000.

Other large investors have also recently made changes to their positions in the company. Financial Gravity Asset Management Inc. bought a new stake in shares of iShares Select Dividend ETF in the first quarter worth approximately $30,000. IMA Advisory Services Inc. bought a new stake in shares of iShares Select Dividend ETF in the first quarter worth approximately $34,000. Cypress Capital Management LLC WY bought a new stake in shares of iShares Select Dividend ETF in the first quarter worth approximately $35,000. First Pacific Financial bought a new stake in shares of iShares Select Dividend ETF in the first quarter worth approximately $40,000. Finally, Rossby Financial LCC bought a new stake in shares of iShares Select Dividend ETF in the first quarter worth approximately $60,000. 46.08% of the stock is currently owned by institutional investors.

iShares Select Dividend ETF Stock Down 0.1%

Shares of DVY stock opened at $141.25 on Thursday. The company has a 50 day moving average price of $140.89 and a 200-day moving average price of $134.75. iShares Select Dividend ETF has a 52 week low of $115.94 and a 52 week high of $144.09. The firm has a market capitalization of $20.71 billion, a PE ratio of 13.69 and a beta of 0.87.

iShares Select Dividend ETF Increases Dividend

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

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.