iShares Select Dividend ETF $DVY Shares Acquired by Mirae Asset Global Investments Co. Ltd.

Mirae Asset Global Investments Co. Ltd. lifted its position in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 0.6% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 16,800 shares of the company’s stock after buying an additional 100 shares during the period. Mirae Asset Global Investments Co. Ltd.’s holdings in iShares Select Dividend ETF were worth $2,231,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also made changes to their positions in the company. Kingstone Capital Partners Texas LLC purchased a new stake in shares of iShares Select Dividend ETF in the 2nd quarter valued at approximately $178,925,000. Northern Trust Corp raised its stake in shares of iShares Select Dividend ETF by 6.7% in the 1st quarter. Northern Trust Corp now owns 3,093,549 shares of the company’s stock valued at $415,433,000 after acquiring an additional 194,941 shares during the period. OMERS ADMINISTRATION Corp purchased a new stake in shares of iShares Select Dividend ETF in the 1st quarter valued at approximately $24,669,000. Yukon Wealth Management Inc. purchased a new stake in shares of iShares Select Dividend ETF in the 1st quarter valued at approximately $21,391,000. Finally, Kingswood Wealth Advisors LLC raised its stake in shares of iShares Select Dividend ETF by 188.7% in the 1st quarter. Kingswood Wealth Advisors LLC now owns 124,980 shares of the company’s stock valued at $16,772,000 after acquiring an additional 81,683 shares during the period. Institutional investors and hedge funds own 46.08% of the company’s stock.

iShares Select Dividend ETF Stock Performance

iShares Select Dividend ETF stock opened at $141.91 on Thursday. The company’s 50 day simple moving average is $139.99 and its 200-day simple moving average is $134.18. The company has a market capitalization of $20.86 billion, a price-to-earnings ratio of 13.69 and a beta of 0.87. iShares Select Dividend ETF has a 1 year low of $115.94 and a 1 year high of $144.09.

iShares Select Dividend ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, September 19th. Stockholders of record on Tuesday, September 16th were paid a $1.2465 dividend. This is a positive change 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 dividend on an annualized basis and a dividend yield of 3.5%.

About iShares Select Dividend ETF

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.