iShares Select Dividend ETF Declares Dividend of $1.05 (NASDAQ:DVY)

iShares Select Dividend ETF (NASDAQ:DVY) declared a dividend on Monday, March 17th, NASDAQ Dividends reports. Investors of record on Tuesday, March 18th will be given a dividend of 1.0495 per share on Friday, March 21st. The ex-dividend date is Tuesday, March 18th.

iShares Select Dividend ETF Stock Down 1.1 %

Shares of DVY stock traded down $1.54 during trading hours on Tuesday, reaching $132.97. 344,279 shares of the company’s stock were exchanged, compared to its average volume of 440,617. The business has a fifty day moving average price of $134.36 and a 200-day moving average price of $135.10. iShares Select Dividend ETF has a fifty-two week low of $115.43 and a fifty-two week high of $144.09. The stock has a market capitalization of $19.64 billion, a P/E ratio of 15.96 and a beta of 0.88.

Hedge Funds Weigh In On iShares Select Dividend ETF

An institutional investor recently raised its position in iShares Select Dividend ETF stock. Brighton Jones LLC boosted its holdings in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 14.3% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 12,212 shares of the company’s stock after acquiring an additional 1,524 shares during the period. Brighton Jones LLC’s holdings in iShares Select Dividend ETF were worth $1,603,000 as of its most recent filing with the Securities and Exchange Commission. Institutional investors own 46.08% of the company’s stock.

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.