GTS Securities LLC Invests $6.20 Million in iShares Select Dividend ETF $DVY

GTS Securities LLC bought a new stake in shares of iShares Select Dividend ETF (NASDAQ:DVYFree Report) in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 39,690 shares of the company’s stock, valued at approximately $6,204,000.

Other hedge funds have also recently made changes to their positions in the company. Northwestern Mutual Wealth Management Co. lifted its holdings in iShares Select Dividend ETF by 1,771.5% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 6,385,482 shares of the company’s stock valued at $901,247,000 after buying an additional 6,044,290 shares in the last quarter. Fifth Third Bancorp increased its position in shares of iShares Select Dividend ETF by 178.6% during the first quarter. Fifth Third Bancorp now owns 645,684 shares of the company’s stock worth $97,763,000 after acquiring an additional 413,908 shares during the period. Align Financial LLC bought a new stake in shares of iShares Select Dividend ETF during the fourth quarter valued at approximately $39,639,000. Morgan Stanley raised its stake in shares of iShares Select Dividend ETF by 3.6% during the fourth quarter. Morgan Stanley now owns 6,506,794 shares of the company’s stock valued at $918,369,000 after acquiring an additional 224,125 shares in the last quarter. Finally, Corient Private Wealth LLC raised its stake in shares of iShares Select Dividend ETF by 236.4% during the fourth quarter. Corient Private Wealth LLC now owns 282,323 shares of the company’s stock valued at $39,847,000 after acquiring an additional 198,397 shares in the last quarter. 46.08% of the stock is currently owned by institutional investors.

iShares Select Dividend ETF Stock Performance

Shares of NASDAQ DVY opened at $163.80 on Friday. iShares Select Dividend ETF has a 52-week low of $137.16 and a 52-week high of $167.06. The firm has a market capitalization of $23.86 billion, a price-to-earnings ratio of 13.69 and a beta of 0.66. The stock has a 50 day moving average price of $161.27 and a 200 day moving average price of $156.15.

iShares Select Dividend ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, June 18th. Shareholders of record on Monday, June 15th were issued a $1.2472 dividend. The ex-dividend date was Monday, June 15th. This represents a $4.99 annualized dividend and a dividend yield of 3.0%. This is a positive change from iShares Select Dividend ETF’s previous quarterly dividend of $1.15.

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

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