Total Clarity Wealth Management Inc. Sells 237 Shares of iShares Select Dividend ETF $DVY

Total Clarity Wealth Management Inc. decreased its position in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 6.6% during the 2nd quarter, Holdings Channel reports. The institutional investor owned 3,378 shares of the company’s stock after selling 237 shares during the quarter. Total Clarity Wealth Management Inc.’s holdings in iShares Select Dividend ETF were worth $449,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently added to or reduced their stakes in the company. Northern Trust Corp increased its position in iShares Select Dividend ETF by 6.7% during the 1st quarter. Northern Trust Corp now owns 3,093,549 shares of the company’s stock worth $415,433,000 after buying an additional 194,941 shares during the period. LPL Financial LLC increased its position in iShares Select Dividend ETF by 1.1% during the 1st quarter. LPL Financial LLC now owns 1,613,201 shares of the company’s stock worth $216,637,000 after buying an additional 16,803 shares during the period. Kingstone Capital Partners Texas LLC bought a new position in iShares Select Dividend ETF during the 2nd quarter worth $178,925,000. Raymond James Financial Inc. increased its position in iShares Select Dividend ETF by 2.1% during the 1st quarter. Raymond James Financial Inc. now owns 1,215,308 shares of the company’s stock worth $163,204,000 after buying an additional 24,643 shares during the period. Finally, Truist Financial Corp increased its position in iShares Select Dividend ETF by 1.4% during the 2nd quarter. Truist Financial Corp now owns 1,165,722 shares of the company’s stock worth $154,820,000 after buying an additional 15,783 shares during the period. Institutional investors own 46.08% of the company’s stock.

iShares Select Dividend ETF Price Performance

DVY stock opened at $139.47 on Tuesday. The stock has a market capitalization of $20.51 billion, a price-to-earnings ratio of 13.69 and a beta of 0.87. iShares Select Dividend ETF has a fifty-two week low of $115.94 and a fifty-two week high of $144.09. The business’s fifty day moving average price is $140.27 and its two-hundred day moving average price is $134.32.

iShares Select Dividend ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, September 19th. Stockholders of record on Tuesday, September 16th were issued a dividend of $1.2465 per share. This is an increase 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 3.6%.

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.