Syntegra Private Wealth Group LLC Has $1.55 Million Stock Holdings in iShares Select Dividend ETF $DVY

Syntegra Private Wealth Group LLC decreased its stake in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 1.6% during the 2nd quarter, Holdings Channel reports. The institutional investor owned 11,677 shares of the company’s stock after selling 187 shares during the period. Syntegra Private Wealth Group LLC’s holdings in iShares Select Dividend ETF were worth $1,551,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Precedent Wealth Partners LLC raised its stake in shares of iShares Select Dividend ETF by 0.7% in the second quarter. Precedent Wealth Partners LLC now owns 11,185 shares of the company’s stock worth $1,486,000 after acquiring an additional 77 shares during the last quarter. Keudell Morrison Wealth Management raised its position in iShares Select Dividend ETF by 1.0% in the 2nd quarter. Keudell Morrison Wealth Management now owns 8,224 shares of the company’s stock worth $1,092,000 after purchasing an additional 79 shares during the last quarter. TFC Financial Management Inc. lifted its holdings in iShares Select Dividend ETF by 2.3% during the 2nd quarter. TFC Financial Management Inc. now owns 3,567 shares of the company’s stock worth $474,000 after buying an additional 80 shares in the last quarter. CRA Financial Services LLC boosted its position in iShares Select Dividend ETF by 1.0% in the 2nd quarter. CRA Financial Services LLC now owns 9,620 shares of the company’s stock valued at $1,278,000 after buying an additional 91 shares during the last quarter. Finally, Fidelity D & D Bancorp Inc. raised its position in shares of iShares Select Dividend ETF by 5.7% during the first quarter. Fidelity D & D Bancorp Inc. now owns 1,729 shares of the company’s stock worth $232,000 after acquiring an additional 93 shares during the last quarter. Institutional investors own 46.08% of the company’s stock.

iShares Select Dividend ETF Stock Up 0.8%

Shares of DVY opened at $141.28 on Tuesday. The stock’s fifty day simple moving average is $140.77 and its 200-day simple moving average is $134.66. The firm has a market capitalization of $20.79 billion, a PE ratio of 13.69 and a beta of 0.87. iShares Select Dividend ETF has a 12-month low of $115.94 and a 12-month high of $144.09.

iShares Select Dividend ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, September 19th. Stockholders of record on Tuesday, September 16th were paid a $1.2465 dividend. This is a boost from iShares Select Dividend ETF’s previous quarterly dividend of $1.23. The ex-dividend date of this dividend was Tuesday, September 16th. This represents a $4.99 annualized dividend and a dividend yield of 3.5%.

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.