iShares Select Dividend ETF $DVY Stake Lessened by Omega Financial Group LLC

Omega Financial Group LLC lessened its holdings in iShares Select Dividend ETF (NASDAQ:DVY) by 21.7% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 35,944 shares of the company’s stock after selling 9,985 shares during the period. iShares Select Dividend ETF comprises approximately 1.7% of Omega Financial Group LLC’s portfolio, making the stock its 18th biggest position. Omega Financial Group LLC’s holdings in iShares Select Dividend ETF were worth $4,774,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. IMA Advisory Services Inc. purchased a new position in iShares Select Dividend ETF during the first quarter valued at approximately $34,000. Cypress Capital Management LLC WY purchased a new stake in shares of iShares Select Dividend ETF during the first quarter worth $35,000. Creative Capital Management Investments LLC boosted its position in iShares Select Dividend ETF by 82.1% during the second quarter. Creative Capital Management Investments LLC now owns 459 shares of the company’s stock valued at $61,000 after purchasing an additional 207 shares during the last quarter. N.E.W. Advisory Services LLC acquired a new position in iShares Select Dividend ETF in the 1st quarter worth about $64,000. Finally, Millstone Evans Group LLC raised its stake in shares of iShares Select Dividend ETF by 89.4% during the 1st quarter. Millstone Evans Group LLC now owns 517 shares of the company’s stock worth $69,000 after purchasing an additional 244 shares in the last quarter. 46.08% of the stock is owned by hedge funds and other institutional investors.

iShares Select Dividend ETF Stock Down 0.8%

DVY stock opened at $140.94 on Friday. The company has a market capitalization of $20.63 billion, a price-to-earnings ratio of 13.69 and a beta of 0.77. The firm has a 50 day moving average of $140.86 and a two-hundred day moving average of $136.59. iShares Select Dividend ETF has a 12 month low of $115.94 and a 12 month high of $144.09.

iShares Select Dividend ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, September 19th. Stockholders of record on Tuesday, September 16th were paid a dividend of $1.2465 per share. 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 dividend 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.