Winthrop Partners WNY LLC Acquires Shares of 18,345 iShares Select Dividend ETF $DVY

Winthrop Partners WNY LLC purchased a new stake in iShares Select Dividend ETF (NASDAQ:DVY) during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 18,345 shares of the company’s stock, valued at approximately $2,589,000. iShares Select Dividend ETF accounts for approximately 1.4% of Winthrop Partners WNY LLC’s portfolio, making the stock its 27th biggest holding.

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

iShares Select Dividend ETF Stock Performance

Shares of DVY stock opened at $153.30 on Friday. iShares Select Dividend ETF has a fifty-two week low of $129.94 and a fifty-two week high of $160.38. The stock’s fifty day moving average is $153.80 and its two-hundred day moving average is $150.58. The firm has a market capitalization of $22.55 billion, a P/E ratio of 13.69 and a beta of 0.66.

iShares Select Dividend ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, June 18th. Shareholders of record on Monday, June 15th were paid a dividend of $1.2472 per share. This represents a $4.99 dividend on an annualized basis and a yield of 3.3%. 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.