iShares Select Dividend ETF $DVY Stock Holdings Raised by Partners Wealth Management LLC

Partners Wealth Management LLC grew its position in iShares Select Dividend ETF (NASDAQ:DVY) by 640.0% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 10,278 shares of the company’s stock after acquiring an additional 8,889 shares during the quarter. Partners Wealth Management LLC’s holdings in iShares Select Dividend ETF were worth $1,563,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Founders Financial Securities LLC boosted its stake in iShares Select Dividend ETF by 4.3% during the 3rd quarter. Founders Financial Securities LLC now owns 10,080 shares of the company’s stock worth $1,533,000 after purchasing an additional 413 shares during the period. Choreo LLC increased its stake in iShares Select Dividend ETF by 4.3% in the third quarter. Choreo LLC now owns 9,282 shares of the company’s stock valued at $1,412,000 after purchasing an additional 379 shares during the period. Sigma Investment Counselors Inc. increased its stake in iShares Select Dividend ETF by 11.0% in the third quarter. Sigma Investment Counselors Inc. now owns 2,010 shares of the company’s stock valued at $306,000 after purchasing an additional 200 shares during the period. Angeles Wealth Management LLC raised its holdings in shares of iShares Select Dividend ETF by 12.4% in the third quarter. Angeles Wealth Management LLC now owns 4,183 shares of the company’s stock valued at $636,000 after buying an additional 460 shares during the last quarter. Finally, Ashton Thomas Securities LLC purchased a new stake in shares of iShares Select Dividend ETF in the third quarter valued at about $415,000. 46.08% of the stock is currently owned by hedge funds and other institutional investors.

iShares Select Dividend ETF Stock Performance

Shares of DVY opened at $162.23 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 company has a market capitalization of $23.64 billion, a price-to-earnings ratio of 13.69 and a beta of 0.66. The firm has a 50-day simple moving average of $159.17 and a 200-day simple moving average of $156.01.

iShares Select Dividend ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 18th. Shareholders of record on Tuesday, September 15th were given a dividend of $1.3291 per share. This represents a $5.32 dividend on an annualized basis and a yield of 3.3%. The ex-dividend date of this dividend was Tuesday, September 15th. This is a positive change from iShares Select Dividend ETF’s previous quarterly dividend of $1.2472.

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.