Nvwm LLC Grows Stock Position in iShares Select Dividend ETF $DVY

Nvwm LLC increased its stake in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 239.2% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,877 shares of the company’s stock after purchasing an additional 3,439 shares during the quarter. Nvwm LLC’s holdings in iShares Select Dividend ETF were worth $648,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Kingstone Capital Partners Texas LLC purchased a new position in shares of iShares Select Dividend ETF in the 2nd quarter valued at about $178,925,000. Northern Trust Corp raised its holdings in iShares Select Dividend ETF by 6.7% in the first quarter. Northern Trust Corp now owns 3,093,549 shares of the company’s stock valued at $415,433,000 after acquiring an additional 194,941 shares in the last quarter. OMERS ADMINISTRATION Corp purchased a new position in iShares Select Dividend ETF in the first quarter worth approximately $24,669,000. Goldman Sachs Group Inc. lifted its stake in iShares Select Dividend ETF by 12.8% in the first quarter. Goldman Sachs Group Inc. now owns 678,028 shares of the company’s stock worth $91,052,000 after acquiring an additional 76,855 shares during the last quarter. Finally, Wealthspire Advisors LLC grew its holdings in iShares Select Dividend ETF by 106.7% during the 1st quarter. Wealthspire Advisors LLC now owns 147,744 shares of the company’s stock worth $19,840,000 after acquiring an additional 76,269 shares in the last quarter. Hedge funds and other institutional investors own 46.08% of the company’s stock.

iShares Select Dividend ETF Trading Up 1.0%

Shares of DVY opened at $140.21 on Friday. The firm has a market capitalization of $20.53 billion, a price-to-earnings ratio of 13.69 and a beta of 0.77. The firm’s fifty day simple moving average is $140.87 and its 200-day simple moving average is $136.20. iShares Select Dividend ETF has a twelve month low of $115.94 and a twelve month 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 paid a $1.2465 dividend. This is a boost from iShares Select Dividend ETF’s previous quarterly dividend of $1.23. This represents a $4.99 dividend on an annualized basis and a yield of 3.6%. The ex-dividend date was Tuesday, September 16th.

iShares Select Dividend ETF Company 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.