Joseph P. Lucia & Associates LLC Has $4.23 Million Stock Holdings in iShares Select Dividend ETF $DVY

Joseph P. Lucia & Associates LLC lessened its stake in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 2.7% in the second quarter, according to the company in its most recent filing with the SEC. The fund owned 31,847 shares of the company’s stock after selling 877 shares during the quarter. iShares Select Dividend ETF comprises about 1.7% of Joseph P. Lucia & Associates LLC’s portfolio, making the stock its 16th largest holding. Joseph P. Lucia & Associates LLC’s holdings in iShares Select Dividend ETF were worth $4,230,000 as of its most recent filing with the SEC.

Other hedge funds also recently modified their holdings of the company. Wealth Enhancement Advisory Services LLC lifted its stake in shares of iShares Select Dividend ETF by 5.1% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 200,247 shares of the company’s stock worth $26,891,000 after buying an additional 9,632 shares during the last quarter. Bessemer Group Inc. lifted its stake in shares of iShares Select Dividend ETF by 350.4% during the 1st quarter. Bessemer Group Inc. now owns 12,899 shares of the company’s stock worth $1,733,000 after buying an additional 10,035 shares during the last quarter. GAMMA Investing LLC lifted its stake in shares of iShares Select Dividend ETF by 549.1% during the 1st quarter. GAMMA Investing LLC now owns 1,506 shares of the company’s stock worth $202,000 after buying an additional 1,274 shares during the last quarter. Millstone Evans Group LLC raised its stake in iShares Select Dividend ETF by 89.4% in 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. Finally, Cove Private Wealth LLC raised its stake in iShares Select Dividend ETF by 64.6% in the 2nd quarter. Cove Private Wealth LLC now owns 8,280 shares of the company’s stock worth $1,100,000 after purchasing an additional 3,250 shares in the last quarter. Institutional investors and hedge funds own 46.08% of the company’s stock.

iShares Select Dividend ETF Stock Up 0.7%

Shares of iShares Select Dividend ETF stock opened at $140.19 on Friday. iShares Select Dividend ETF has a twelve month low of $115.94 and a twelve month high of $144.09. The company has a 50-day simple moving average of $140.66 and a two-hundred day simple moving average of $134.49. The stock has a market capitalization of $20.63 billion, a price-to-earnings ratio of 13.69 and a beta of 0.87.

iShares Select Dividend ETF Increases Dividend

The firm also recently disclosed 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 positive change 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 yield of 3.6%.

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.