Gerald Baker Financial Group LLC Buys Shares of 4,946 iShares Select Dividend ETF $DVY

Gerald Baker Financial Group LLC purchased a new position in iShares Select Dividend ETF (NASDAQ:DVYFree Report) in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 4,946 shares of the company’s stock, valued at approximately $749,000.

Several other large investors also recently made changes to their positions in DVY. Caitlin John LLC acquired a new position in shares of iShares Select Dividend ETF during the 4th quarter valued at about $25,000. Elevated Capital Advisors LLC bought a new stake in iShares Select Dividend ETF during the fourth quarter worth approximately $26,000. Ransom Advisory Ltd bought a new stake in iShares Select Dividend ETF during the fourth quarter worth approximately $27,000. Miller Capital Partners Inc. acquired a new position in iShares Select Dividend ETF during the fourth quarter valued at approximately $30,000. Finally, Qube Research & Technologies Ltd acquired a new position in iShares Select Dividend ETF during the second quarter valued at approximately $34,000. Institutional investors own 46.08% of the company’s stock.

iShares Select Dividend ETF Trading Up 1.8%

NASDAQ:DVY opened at $162.47 on Friday. The firm has a market capitalization of $23.84 billion, a PE ratio of 13.69 and a beta of 0.66. iShares Select Dividend ETF has a 1 year low of $132.83 and a 1 year high of $162.51. The firm’s fifty day simple moving average is $155.79 and its 200 day simple moving average is $152.76.

iShares Select Dividend ETF Increases Dividend

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

iShares Select Dividend ETF Company Profile

(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.

Recommended Stories

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)

Receive News & Ratings for iShares Select Dividend ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Select Dividend ETF and related companies with MarketBeat.com's FREE daily email newsletter.