Geneos Wealth Management Inc. Has $3.31 Million Stock Position in iShares Select Dividend ETF (NASDAQ:DVY)

Geneos Wealth Management Inc. reduced its holdings in iShares Select Dividend ETF (NASDAQ:DVY) by 4.4% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 27,342 shares of the company’s stock after selling 1,260 shares during the period. Geneos Wealth Management Inc.’s holdings in iShares Select Dividend ETF were worth $3,308,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of DVY. Jane Street Group LLC grew its holdings in shares of iShares Select Dividend ETF by 1,872.8% during the 1st quarter. Jane Street Group LLC now owns 617,469 shares of the company’s stock valued at $76,060,000 after acquiring an additional 586,170 shares in the last quarter. Raymond James Financial Services Advisors Inc. grew its stake in iShares Select Dividend ETF by 47.2% in the first quarter. Raymond James Financial Services Advisors Inc. now owns 759,253 shares of the company’s stock valued at $93,525,000 after purchasing an additional 243,579 shares in the last quarter. Truist Financial Corp grew its stake in iShares Select Dividend ETF by 5.9% in the fourth quarter. Truist Financial Corp now owns 1,505,448 shares of the company’s stock valued at $176,469,000 after purchasing an additional 84,251 shares in the last quarter. Fifth Third Wealth Advisors LLC increased its position in iShares Select Dividend ETF by 728.9% in the 1st quarter. Fifth Third Wealth Advisors LLC now owns 73,108 shares of the company’s stock worth $9,005,000 after purchasing an additional 64,288 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. raised its stake in shares of iShares Select Dividend ETF by 34.4% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 230,083 shares of the company’s stock worth $26,970,000 after purchasing an additional 58,877 shares in the last quarter. 46.08% of the stock is currently owned by institutional investors and hedge funds.

iShares Select Dividend ETF Stock Performance

Shares of iShares Select Dividend ETF stock traded up $1.28 during trading on Friday, hitting $131.85. 60,340 shares of the stock traded hands, compared to its average volume of 486,727. The stock has a market cap of $19.60 billion, a P/E ratio of 13.25 and a beta of 0.87. The company has a fifty day moving average price of $124.93 and a two-hundred day moving average price of $121.66. iShares Select Dividend ETF has a twelve month low of $102.66 and a twelve month high of $131.85.

iShares Select Dividend ETF Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, June 17th. Shareholders of record on Tuesday, June 11th were paid a $0.9304 dividend. This represents a $3.72 dividend on an annualized basis and a yield of 2.82%. The ex-dividend date of this dividend was Tuesday, June 11th.

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.