iShares Select Dividend ETF $DVY Shares Bought by Gallagher Capital Advisors LLC

Gallagher Capital Advisors LLC increased its holdings in iShares Select Dividend ETF (NASDAQ:DVY) by 149.6% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 32,982 shares of the company’s stock after purchasing an additional 19,769 shares during the quarter. iShares Select Dividend ETF accounts for 2.8% of Gallagher Capital Advisors LLC’s holdings, making the stock its 11th biggest position. Gallagher Capital Advisors LLC’s holdings in iShares Select Dividend ETF were worth $4,538,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the business. Laurel Wealth Advisors LLC increased its holdings in shares of iShares Select Dividend ETF by 13,158.9% in the second quarter. Laurel Wealth Advisors LLC now owns 1,897,610 shares of the company’s stock valued at $252,022,000 after buying an additional 1,883,298 shares in the last quarter. Envestnet Asset Management Inc. raised its position in shares of iShares Select Dividend ETF by 3.7% during the second quarter. Envestnet Asset Management Inc. now owns 1,612,404 shares of the company’s stock worth $214,086,000 after purchasing an additional 57,961 shares during the period. JPMorgan Chase & Co. lifted its holdings in shares of iShares Select Dividend ETF by 3.5% during the second quarter. JPMorgan Chase & Co. now owns 1,524,690 shares of the company’s stock valued at $202,494,000 after purchasing an additional 51,089 shares during the last quarter. Howard Capital Management Inc. boosted its position in shares of iShares Select Dividend ETF by 2.7% in the 2nd quarter. Howard Capital Management Inc. now owns 1,011,427 shares of the company’s stock valued at $134,328,000 after purchasing an additional 26,827 shares during the period. Finally, Cetera Investment Advisers boosted its position in shares of iShares Select Dividend ETF by 0.7% in the 2nd quarter. Cetera Investment Advisers now owns 388,313 shares of the company’s stock valued at $51,572,000 after purchasing an additional 2,845 shares during the period. 46.08% of the stock is owned by institutional investors and hedge funds.

iShares Select Dividend ETF Trading Down 0.2%

NASDAQ DVY opened at $155.06 on Tuesday. The stock’s 50-day moving average price is $145.59 and its two-hundred day moving average price is $142.02. The company has a market cap of $22.62 billion, a PE ratio of 13.69 and a beta of 0.77. iShares Select Dividend ETF has a 1 year low of $115.94 and a 1 year high of $155.61.

iShares Select Dividend ETF Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, December 19th. Investors of record on Tuesday, December 16th were given a $1.6162 dividend. This is a boost from iShares Select Dividend ETF’s previous quarterly dividend of $1.25. The ex-dividend date was Tuesday, December 16th. This represents a $6.46 annualized dividend and a dividend yield of 4.2%.

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.