iShares Select Dividend ETF $DVY Stock Holdings Increased by Raab & Moskowitz Asset Management LLC

Raab & Moskowitz Asset Management LLC lifted its stake in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 13.6% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 74,238 shares of the company’s stock after acquiring an additional 8,898 shares during the period. iShares Select Dividend ETF accounts for approximately 2.5% of Raab & Moskowitz Asset Management LLC’s portfolio, making the stock its 10th biggest holding. Raab & Moskowitz Asset Management LLC owned 0.05% of iShares Select Dividend ETF worth $11,240,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. Archer Investment Corp grew its position in iShares Select Dividend ETF by 0.9% during the fourth quarter. Archer Investment Corp now owns 7,840 shares of the company’s stock worth $1,106,000 after buying an additional 69 shares in the last quarter. Kingsview Wealth Management LLC raised its holdings in iShares Select Dividend ETF by 1.6% in the 4th quarter. Kingsview Wealth Management LLC now owns 4,463 shares of the company’s stock valued at $630,000 after acquiring an additional 69 shares in the last quarter. Harbor Asset Planning Inc. raised its holdings in iShares Select Dividend ETF by 3.4% in the 1st quarter. Harbor Asset Planning Inc. now owns 2,202 shares of the company’s stock valued at $333,000 after acquiring an additional 72 shares in the last quarter. Journey Advisory Group LLC lifted its position in shares of iShares Select Dividend ETF by 0.8% in the 4th quarter. Journey Advisory Group LLC now owns 9,693 shares of the company’s stock worth $1,368,000 after acquiring an additional 75 shares during the period. Finally, Cambridge Advisors Inc. lifted its position in shares of iShares Select Dividend ETF by 2.2% in the 1st quarter. Cambridge Advisors Inc. now owns 3,525 shares of the company’s stock worth $534,000 after acquiring an additional 75 shares during the period. Institutional investors and hedge funds own 46.08% of the company’s stock.

iShares Select Dividend ETF Trading Down 0.4%

Shares of NASDAQ:DVY opened at $161.21 on Friday. The firm has a market capitalization of $23.48 billion, a PE ratio of 13.69 and a beta of 0.66. iShares Select Dividend ETF has a 1-year low of $132.83 and a 1-year high of $166.79. The business’s 50 day moving average is $157.88 and its 200-day moving average is $154.17.

iShares Select Dividend ETF Increases Dividend

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

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