iShares Select Dividend ETF (NASDAQ:DVY) Shares Purchased by Fifth Third Wealth Advisors LLC

Fifth Third Wealth Advisors LLC increased its holdings in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 728.9% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 73,108 shares of the company’s stock after acquiring an additional 64,288 shares during the quarter. iShares Select Dividend ETF comprises 1.4% of Fifth Third Wealth Advisors LLC’s investment portfolio, making the stock its 13th biggest position. Fifth Third Wealth Advisors LLC’s holdings in iShares Select Dividend ETF were worth $9,005,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Cypress Wealth Services LLC boosted its holdings in iShares Select Dividend ETF by 3.1% in the 1st quarter. Cypress Wealth Services LLC now owns 22,676 shares of the company’s stock valued at $2,793,000 after purchasing an additional 672 shares during the last quarter. Wealth Enhancement Advisory Services LLC boosted its holdings in iShares Select Dividend ETF by 2.3% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 159,906 shares of the company’s stock valued at $19,697,000 after purchasing an additional 3,579 shares during the last quarter. Wealthcare Advisory Partners LLC boosted its holdings in iShares Select Dividend ETF by 18.5% in the 1st quarter. Wealthcare Advisory Partners LLC now owns 21,761 shares of the company’s stock valued at $2,680,000 after purchasing an additional 3,403 shares during the last quarter. GoalVest Advisory LLC boosted its holdings in iShares Select Dividend ETF by 12.5% in the 1st quarter. GoalVest Advisory LLC now owns 30,388 shares of the company’s stock valued at $3,743,000 after purchasing an additional 3,373 shares during the last quarter. Finally, Brookstone Capital Management boosted its holdings in iShares Select Dividend ETF by 3.9% in the 1st quarter. Brookstone Capital Management now owns 2,752 shares of the company’s stock valued at $339,000 after purchasing an additional 103 shares during the last quarter. 46.08% of the stock is currently owned by institutional investors and hedge funds.

iShares Select Dividend ETF Price Performance

Shares of DVY stock traded up $0.65 during trading hours on Friday, hitting $120.98. The company had a trading volume of 321,540 shares, compared to its average volume of 517,879. The company’s fifty day moving average is $121.86 and its 200 day moving average is $119.02. iShares Select Dividend ETF has a fifty-two week low of $102.66 and a fifty-two week high of $125.99. The stock has a market capitalization of $18.38 billion, a PE ratio of 13.25 and a beta of 0.87.

iShares Select Dividend ETF Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, June 17th. Stockholders of record on Tuesday, June 11th were issued a $0.9304 dividend. The ex-dividend date of this dividend was Tuesday, June 11th. This represents a $3.72 annualized dividend and a dividend yield of 3.08%.

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.