Hyposwiss Advisors SA Acquires New Holdings in iShares Select Dividend ETF $DVY

Hyposwiss Advisors SA acquired a new stake in iShares Select Dividend ETF (NASDAQ:DVY) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 4,675 shares of the company’s stock, valued at approximately $660,000.

A number of other institutional investors have also made changes to their positions in the stock. Archer Investment Corp raised its stake in shares of iShares Select Dividend ETF by 0.9% in the 4th quarter. Archer Investment Corp now owns 7,840 shares of the company’s stock valued at $1,106,000 after acquiring an additional 69 shares in the last quarter. Kingsview Wealth Management LLC raised its stake in shares of iShares Select Dividend ETF by 1.6% in the 4th quarter. Kingsview Wealth Management LLC now owns 4,463 shares of the company’s stock valued at $630,000 after acquiring an additional 69 shares in the last quarter. Romano Brothers AND Company raised its stake in shares of iShares Select Dividend ETF by 0.7% in the 4th quarter. Romano Brothers AND Company now owns 10,023 shares of the company’s stock valued at $1,415,000 after acquiring an additional 70 shares in the last quarter. Compound Planning Inc. raised its stake in shares of iShares Select Dividend ETF by 2.7% in the 3rd quarter. Compound Planning Inc. now owns 2,785 shares of the company’s stock valued at $396,000 after acquiring an additional 74 shares in the last quarter. Finally, Journey Advisory Group LLC raised its stake in shares of iShares Select Dividend ETF by 0.8% in the 4th quarter. Journey Advisory Group LLC now owns 9,693 shares of the company’s stock valued at $1,368,000 after acquiring an additional 75 shares in the last quarter. 46.08% of the stock is owned by institutional investors.

iShares Select Dividend ETF Stock Performance

Shares of DVY stock opened at $153.70 on Thursday. The stock’s 50 day simple moving average is $153.77 and its 200 day simple moving average is $150.50. iShares Select Dividend ETF has a twelve month low of $129.36 and a twelve month high of $160.38. The company has a market capitalization of $22.61 billion, a price-to-earnings ratio of 13.69 and a beta of 0.66.

iShares Select Dividend ETF Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, June 18th. Shareholders of record on Monday, June 15th will be given a $1.2472 dividend. The ex-dividend date of this dividend is Monday, June 15th. This represents a $4.99 annualized dividend and a yield of 3.2%. This is an increase from iShares Select Dividend ETF’s previous quarterly dividend of $1.15.

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.