NBH Bank Purchases New Shares in iShares Select Dividend ETF $DVY

NBH Bank purchased a new stake in shares of iShares Select Dividend ETF (NASDAQ:DVY) during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 3,675 shares of the company’s stock, valued at approximately $574,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in DVY. Brighton Jones LLC grew its position in shares of iShares Select Dividend ETF by 14.3% in the 4th quarter. Brighton Jones LLC now owns 12,212 shares of the company’s stock worth $1,603,000 after buying an additional 1,524 shares during the period. AQR Capital Management LLC lifted its position in iShares Select Dividend ETF by 44.7% during the 1st quarter. AQR Capital Management LLC now owns 12,687 shares of the company’s stock valued at $1,704,000 after acquiring an additional 3,918 shares during the period. Qube Research & Technologies Ltd bought a new stake in iShares Select Dividend ETF during the second quarter worth about $34,000. NewEdge Advisors LLC boosted its stake in iShares Select Dividend ETF by 0.4% during the second quarter. NewEdge Advisors LLC now owns 77,878 shares of the company’s stock worth $10,343,000 after acquiring an additional 326 shares in the last quarter. Finally, Quantinno Capital Management LP boosted its stake in iShares Select Dividend ETF by 52.8% during the second quarter. Quantinno Capital Management LP now owns 24,543 shares of the company’s stock worth $3,260,000 after acquiring an additional 8,479 shares in the last quarter. 46.08% of the stock is owned by hedge funds and other institutional investors.

iShares Select Dividend ETF Stock Performance

Shares of DVY opened at $164.25 on Friday. iShares Select Dividend ETF has a fifty-two week low of $137.16 and a fifty-two week high of $167.06. The firm’s 50-day simple moving average is $162.03 and its two-hundred day simple moving average is $156.41. The stock has a market cap of $23.92 billion, a PE ratio of 13.69 and a beta of 0.66.

iShares Select Dividend ETF Increases Dividend

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

iShares Select Dividend ETF Company 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.