iShares Select Dividend ETF $DVY Shares Bought by FOCUS Wealth Advisors LLC

FOCUS Wealth Advisors LLC increased its stake in iShares Select Dividend ETF (NASDAQ:DVY) by 0.9% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 40,272 shares of the company’s stock after acquiring an additional 359 shares during the period. iShares Select Dividend ETF makes up approximately 2.8% of FOCUS Wealth Advisors LLC’s investment portfolio, making the stock its 12th biggest position. FOCUS Wealth Advisors LLC’s holdings in iShares Select Dividend ETF were worth $5,348,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Brighton Jones LLC boosted its stake in iShares Select Dividend ETF by 14.3% during the fourth quarter. Brighton Jones LLC now owns 12,212 shares of the company’s stock valued at $1,603,000 after buying an additional 1,524 shares in the last quarter. Quantinno Capital Management LP boosted its holdings in iShares Select Dividend ETF by 11.6% during the fourth quarter. Quantinno Capital Management LP now owns 11,889 shares of the company’s stock worth $1,561,000 after buying an additional 1,234 shares in the last quarter. Waters Parkerson & CO. LLC boosted its holdings in iShares Select Dividend ETF by 51.0% during the fourth quarter. Waters Parkerson & CO. LLC now owns 2,960 shares of the company’s stock worth $389,000 after buying an additional 1,000 shares in the last quarter. Windsor Advisory Group LLC bought a new stake in iShares Select Dividend ETF during the fourth quarter worth approximately $55,000. Finally, Waverly Advisors LLC boosted its holdings in iShares Select Dividend ETF by 14.3% during the fourth quarter. Waverly Advisors LLC now owns 19,655 shares of the company’s stock worth $2,581,000 after buying an additional 2,452 shares in the last quarter. 46.08% of the stock is currently owned by institutional investors.

iShares Select Dividend ETF Stock Performance

Shares of NASDAQ:DVY opened at $139.22 on Wednesday. The stock has a market capitalization of $20.41 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. The company has a 50 day moving average price of $138.37 and a 200 day moving average price of $133.29.

iShares Select Dividend ETF Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, September 19th. Investors of record on Tuesday, September 16th will be issued a dividend of $1.2465 per share. The ex-dividend date is Tuesday, September 16th. This is a positive change from iShares Select Dividend ETF’s previous quarterly dividend of $1.23. This represents a $4.99 dividend on an annualized basis and a yield of 3.6%.

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.