Mosaic Family Wealth Partners LLC Has $2.12 Million Stake in iShares Select Dividend ETF (NASDAQ:DVY)

Mosaic Family Wealth Partners LLC boosted its holdings in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 2.3% in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 17,220 shares of the company’s stock after purchasing an additional 382 shares during the period. Mosaic Family Wealth Partners LLC’s holdings in iShares Select Dividend ETF were worth $2,121,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of DVY. GAMMA Investing LLC acquired a new stake in shares of iShares Select Dividend ETF in the 4th quarter valued at $27,000. Headlands Technologies LLC increased its stake in shares of iShares Select Dividend ETF by 884.6% in the 1st quarter. Headlands Technologies LLC now owns 384 shares of the company’s stock valued at $47,000 after buying an additional 345 shares during the period. Parkside Financial Bank & Trust increased its stake in shares of iShares Select Dividend ETF by 91.2% in the 4th quarter. Parkside Financial Bank & Trust now owns 390 shares of the company’s stock valued at $46,000 after buying an additional 186 shares during the period. Richardson Financial Services Inc. acquired a new stake in shares of iShares Select Dividend ETF in the 4th quarter valued at $49,000. Finally, ZRC Wealth Management LLC increased its stake in shares of iShares Select Dividend ETF by 154.7% in the 1st quarter. ZRC Wealth Management LLC now owns 456 shares of the company’s stock valued at $55,000 after buying an additional 277 shares during the period. 46.08% of the stock is owned by institutional investors and hedge funds.

iShares Select Dividend ETF Stock Down 1.4 %

Shares of iShares Select Dividend ETF stock traded down $1.83 during trading on Friday, reaching $127.63. 486,719 shares of the company were exchanged, compared to its average volume of 503,288. iShares Select Dividend ETF has a twelve month low of $102.66 and a twelve month high of $131.02. The business has a 50-day moving average price of $123.38 and a 200-day moving average price of $120.52. The firm has a market capitalization of $18.97 billion, a price-to-earnings ratio of 13.25 and a beta of 0.87.

iShares Select Dividend ETF Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, June 17th. Shareholders of record on Tuesday, June 11th were issued a dividend of $0.9304 per share. The ex-dividend date of this dividend was Tuesday, June 11th. This represents a $3.72 annualized dividend and a yield of 2.92%.

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.