iShares Select Dividend ETF $DVY Shares Sold by Bleakley Financial Group LLC

Bleakley Financial Group LLC trimmed its holdings in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 17.1% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 20,749 shares of the company’s stock after selling 4,281 shares during the period. Bleakley Financial Group LLC’s holdings in iShares Select Dividend ETF were worth $3,142,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in DVY. Brighton Jones LLC raised its holdings in shares of iShares Select Dividend ETF by 14.3% during the 4th quarter. Brighton Jones LLC now owns 12,212 shares of the company’s stock valued at $1,603,000 after buying an additional 1,524 shares during the period. AQR Capital Management LLC lifted its position in iShares Select Dividend ETF by 44.7% during the 1st quarter. AQR Capital Management LLC now owns 12,687 shares of the company’s stock worth $1,704,000 after acquiring an additional 3,918 shares in the last quarter. Qube Research & Technologies Ltd purchased a new position in iShares Select Dividend ETF in the 2nd quarter worth approximately $34,000. NewEdge Advisors LLC boosted its holdings in iShares Select Dividend ETF by 0.4% in the 2nd quarter. NewEdge Advisors LLC now owns 77,878 shares of the company’s stock worth $10,343,000 after acquiring an additional 326 shares during the period. Finally, Quantinno Capital Management LP grew its position in iShares Select Dividend ETF by 52.8% in the second quarter. Quantinno Capital Management LP now owns 24,543 shares of the company’s stock valued at $3,260,000 after acquiring an additional 8,479 shares in the last quarter. 46.08% of the stock is currently owned by institutional investors and hedge funds.

iShares Select Dividend ETF Trading Up 0.1%

DVY opened at $159.61 on Thursday. iShares Select Dividend ETF has a twelve month low of $132.83 and a twelve month high of $161.49. The firm has a market cap of $23.42 billion, a price-to-earnings ratio of 13.69 and a beta of 0.66. The company has a fifty day simple moving average of $155.59 and a 200 day simple moving average of $152.62.

iShares Select Dividend ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, June 18th. Shareholders of record on Monday, June 15th were given a $1.2472 dividend. This represents a $4.99 dividend on an annualized basis and a yield of 3.1%. The ex-dividend date of this dividend was Monday, June 15th. This is an increase from iShares Select Dividend ETF’s previous quarterly dividend of $1.15.

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. The Index consists of 100 of the highest dividend-yielding securities (excluding real estate investment trusts (REITs) in the Dow Jones U.S.