Leo Wealth LLC acquired a new position in shares of iShares Select Dividend ETF (NASDAQ:DVY – Free Report) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 5,057 shares of the company’s stock, valued at approximately $769,000.
A number of other institutional investors have also recently bought and sold shares of DVY. Main Street Group LTD acquired a new position in shares of iShares Select Dividend ETF in the 1st quarter valued at $33,000. Horizons Wealth Management bought a new stake in shares of iShares Select Dividend ETF in the 3rd quarter valued at $55,000. Princeton Global Asset Management LLC increased its position in shares of iShares Select Dividend ETF by 452.9% in the 1st quarter. Princeton Global Asset Management LLC now owns 387 shares of the company’s stock valued at $59,000 after buying an additional 317 shares in the last quarter. GKV Capital Management Co. Inc. bought a new stake in shares of iShares Select Dividend ETF in the 1st quarter valued at $61,000. Finally, Compass Wealth Management LLC bought a new stake in shares of iShares Select Dividend ETF in the 3rd quarter valued at $63,000. Institutional investors and hedge funds own 46.08% of the company’s stock.
iShares Select Dividend ETF Trading Down 0.0%
Shares of iShares Select Dividend ETF stock opened at $161.22 on Tuesday. The company has a market capitalization of $23.51 billion, a PE ratio of 13.69 and a beta of 0.66. iShares Select Dividend ETF has a 12 month low of $137.16 and a 12 month high of $167.06. The stock’s fifty day simple moving average is $159.51 and its 200 day simple moving average is $155.68.
iShares Select Dividend ETF Increases Dividend
The firm also recently announced a quarterly dividend, which was paid on Friday, September 18th. Shareholders of record on Tuesday, September 15th were paid a $1.3291 dividend. The ex-dividend date of this dividend was Tuesday, September 15th. This is a positive change from iShares Select Dividend ETF’s previous quarterly dividend of $1.2472. This represents a $5.32 dividend on an annualized basis and a yield of 3.3%.
iShares Select Dividend ETF 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. 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
- Five stocks we like better than iShares Select Dividend ETF
- Comfort Systems Earnings: AI Slowdown or More Growth Ahead?
- Bristol Myers Squibb’s Cancer Breakthrough Could Have Implications Beyond Its Own Stock
- 5 Beaten-Down Growth Stocks Trading Like Value Plays as Cash Chases Mega-Caps
- Anthropic’s IPO Filing Reveals a Massive Opportunity for AI Infrastructure Giants
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.
