iShares Select Dividend ETF $DVY Shares Purchased by Ashton Thomas Private Wealth LLC

Ashton Thomas Private Wealth LLC increased its stake in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 40.4% in the 2nd quarter, HoldingsChannel reports. The firm owned 23,383 shares of the company’s stock after buying an additional 6,727 shares during the quarter. Ashton Thomas Private Wealth LLC’s holdings in iShares Select Dividend ETF were worth $3,106,000 at the end of the most recent reporting period.

Several other institutional investors have also recently modified their holdings of the stock. Brighton Jones LLC raised its position in shares of iShares Select Dividend ETF by 0.7% during the 2nd quarter. Brighton Jones LLC now owns 11,418 shares of the company’s stock worth $1,516,000 after purchasing an additional 75 shares during the last quarter. Precedent Wealth Partners LLC raised its holdings in iShares Select Dividend ETF by 0.7% in the 2nd 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. Keudell Morrison Wealth Management raised its holdings in iShares Select Dividend ETF by 1.0% in the 2nd quarter. Keudell Morrison Wealth Management now owns 8,224 shares of the company’s stock valued at $1,092,000 after acquiring an additional 79 shares during the last quarter. TFC Financial Management Inc. raised its holdings in iShares Select Dividend ETF by 2.3% in the 2nd quarter. TFC Financial Management Inc. now owns 3,567 shares of the company’s stock valued at $474,000 after acquiring an additional 80 shares during the last quarter. Finally, CRA Financial Services LLC raised its holdings in iShares Select Dividend ETF by 1.0% in the 2nd quarter. CRA Financial Services LLC now owns 9,620 shares of the company’s stock valued at $1,278,000 after acquiring an additional 91 shares during the last quarter. 46.08% of the stock is currently owned by institutional investors and hedge funds.

iShares Select Dividend ETF Stock Performance

Shares of DVY opened at $142.47 on Tuesday. The stock has a fifty day moving average of $141.12 and a two-hundred day moving average of $135.36. The company has a market capitalization of $20.88 billion, a PE ratio of 13.69 and a beta of 0.77. iShares Select Dividend ETF has a fifty-two week low of $115.94 and a fifty-two week high of $144.09.

iShares Select Dividend ETF Increases Dividend

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

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.