Navigation Group LLC Invests $623,000 in iShares Select Dividend ETF $DVY

Navigation Group LLC bought a new stake in iShares Select Dividend ETF (NASDAQ:DVYFree Report) during the first quarter, HoldingsChannel.com reports. The fund bought 4,117 shares of the company’s stock, valued at approximately $623,000.

Several other hedge funds have also bought and sold shares of DVY. Archer Investment Corp raised its stake in iShares Select Dividend ETF by 0.9% in the fourth quarter. Archer Investment Corp now owns 7,840 shares of the company’s stock valued at $1,106,000 after buying an additional 69 shares during the period. Kingsview Wealth Management LLC boosted its stake in shares of iShares Select Dividend ETF by 1.6% during the 4th quarter. Kingsview Wealth Management LLC now owns 4,463 shares of the company’s stock worth $630,000 after acquiring an additional 69 shares during the period. Romano Brothers AND Company increased its holdings in shares of iShares Select Dividend ETF by 0.7% during the 4th quarter. Romano Brothers AND Company now owns 10,023 shares of the company’s stock worth $1,415,000 after acquiring an additional 70 shares during the last quarter. Harbor Asset Planning Inc. increased its holdings in shares of iShares Select Dividend ETF by 3.4% during the 1st quarter. Harbor Asset Planning Inc. now owns 2,202 shares of the company’s stock worth $333,000 after acquiring an additional 72 shares during the last quarter. Finally, Journey Advisory Group LLC raised its stake in iShares Select Dividend ETF by 0.8% in the 4th quarter. Journey Advisory Group LLC now owns 9,693 shares of the company’s stock valued at $1,368,000 after acquiring an additional 75 shares during the period. 46.08% of the stock is currently owned by institutional investors and hedge funds.

iShares Select Dividend ETF Trading Up 0.1%

DVY opened at $159.61 on Thursday. The stock’s fifty day simple moving average is $155.59 and its 200 day simple moving average is $152.62. iShares Select Dividend ETF has a 1-year low of $132.83 and a 1-year high of $161.49. The stock has a market cap of $23.42 billion, a PE ratio of 13.69 and a beta of 0.66.

iShares Select Dividend ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, June 18th. Shareholders of record on Monday, June 15th were issued a $1.2472 dividend. This is an increase from iShares Select Dividend ETF’s previous quarterly dividend of $1.15. This represents a $4.99 annualized dividend and a dividend yield of 3.1%. The ex-dividend date was Monday, June 15th.

About iShares Select Dividend ETF

(Free Report)

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. The Index consists of 100 of the highest dividend-yielding securities (excluding real estate investment trusts (REITs) in the Dow Jones U.S.

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Want to see what other hedge funds are holding DVY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Select Dividend ETF (NASDAQ:DVYFree Report).

Institutional Ownership by Quarter for iShares Select Dividend ETF (NASDAQ:DVY)

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