Gould Asset Management LLC CA Sells 297 Shares of iShares Select Dividend ETF (NASDAQ:DVY)

Gould Asset Management LLC CA lessened its stake in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 3.8% in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 7,561 shares of the company’s stock after selling 297 shares during the period. Gould Asset Management LLC CA’s holdings in iShares Select Dividend ETF were worth $1,015,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently made changes to their positions in the company. Brighton Jones LLC lifted its holdings in shares of iShares Select Dividend ETF by 14.3% in the 4th quarter. Brighton Jones LLC now owns 12,212 shares of the company’s stock valued at $1,603,000 after acquiring an additional 1,524 shares during the last quarter. Charles Schwab Investment Management Inc. increased its position in shares of iShares Select Dividend ETF by 588.4% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 288,441 shares of the company’s stock valued at $37,869,000 after purchasing an additional 246,540 shares during the last quarter. Choate Investment Advisors increased its position in iShares Select Dividend ETF by 7.5% during the fourth quarter. Choate Investment Advisors now owns 6,255 shares of the company’s stock valued at $821,000 after acquiring an additional 435 shares during the last quarter. CBIZ Investment Advisory Services LLC lifted its stake in iShares Select Dividend ETF by 1.3% in the fourth quarter. CBIZ Investment Advisory Services LLC now owns 10,105 shares of the company’s stock worth $1,327,000 after purchasing an additional 133 shares during the last quarter. Finally, Gitterman Wealth Management LLC bought a new position in shares of iShares Select Dividend ETF in the fourth quarter worth about $216,000. Hedge funds and other institutional investors own 46.08% of the company’s stock.

iShares Select Dividend ETF Price Performance

Shares of DVY stock opened at $136.19 on Monday. The stock’s 50-day moving average is $132.07 and its 200 day moving average is $131.86. iShares Select Dividend ETF has a 1-year low of $115.94 and a 1-year high of $144.09. The company has a market cap of $20.16 billion, a P/E ratio of 13.69 and a beta of 0.87.

iShares Select Dividend ETF Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, June 20th. Stockholders of record on Monday, June 16th were issued a $1.2333 dividend. This is a boost from iShares Select Dividend ETF’s previous quarterly dividend of $0.93. This represents a $4.93 dividend on an annualized basis and a dividend yield of 3.62%. The ex-dividend date was Monday, June 16th.

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.