Strategic Wealth Advisors Group LLC Invests $10.12 Million in iShares Select Dividend ETF (DVY) Stock
Strategic Wealth Advisors Group LLC acquired a new stake in iShares Select Dividend ETF (NYSEARCA:DVY) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 109,697 shares of the company’s stock, valued at approximately $10,115,000. iShares Select Dividend ETF comprises about 1.4% of Strategic Wealth Advisors Group LLC’s portfolio, making the stock its 18th biggest position.
A number of other hedge funds have also made changes to their positions in DVY. Osborne Partners Capital Management LLC boosted its stake in iShares Select Dividend ETF by 0.7% in the second quarter. Osborne Partners Capital Management LLC now owns 73,173 shares of the company’s stock valued at $6,747,000 after acquiring an additional 540 shares during the last quarter. Puplava Financial Services Inc. boosted its position in shares of iShares Select Dividend ETF by 14.6% during the second quarter. Puplava Financial Services Inc. now owns 39,988 shares of the company’s stock worth $3,687,000 after purchasing an additional 5,101 shares in the last quarter. Miller Howard Investments Inc. NY bought a new position in shares of iShares Select Dividend ETF during the second quarter worth $303,000. Meritage Portfolio Management boosted its position in shares of iShares Select Dividend ETF by 3.0% during the second quarter. Meritage Portfolio Management now owns 18,648 shares of the company’s stock worth $1,720,000 after purchasing an additional 550 shares in the last quarter. Finally, MCF Advisors LLC boosted its position in shares of iShares Select Dividend ETF by 49.6% during the second quarter. MCF Advisors LLC now owns 1,963 shares of the company’s stock worth $181,000 after purchasing an additional 651 shares in the last quarter.
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The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 29th. Shareholders of record on Wednesday, September 27th were paid a $0.7277 dividend. This represents a $2.91 dividend on an annualized basis and a dividend yield of 3.06%. The ex-dividend date of this dividend was Tuesday, September 26th.
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.
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