iShares Select Dividend ETF $DVY Stock Position Increased by Whittier Trust Co. of Nevada Inc.

Whittier Trust Co. of Nevada Inc. boosted its position in iShares Select Dividend ETF (NASDAQ:DVY) by 7.2% during the 2nd quarter, HoldingsChannel reports. The firm owned 18,689 shares of the company’s stock after buying an additional 1,258 shares during the quarter. Whittier Trust Co. of Nevada Inc.’s holdings in iShares Select Dividend ETF were worth $2,482,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently bought and sold shares of the company. Northern Trust Corp raised its position in shares of 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 in the last quarter. LPL Financial LLC raised its position in shares of 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 in the last quarter. Kingstone Capital Partners Texas LLC bought a new stake in shares of iShares Select Dividend ETF during the 2nd quarter worth about $178,925,000. Raymond James Financial Inc. raised its position in shares of 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 in the last quarter. Finally, Truist Financial Corp raised its position in shares of 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 in the last quarter. 46.08% of the stock is currently owned by institutional investors.

iShares Select Dividend ETF Trading Up 0.0%

DVY stock opened at $141.34 on Wednesday. iShares Select Dividend ETF has a 52 week low of $115.94 and a 52 week high of $144.09. The company has a market capitalization of $20.72 billion, a price-to-earnings ratio of 13.69 and a beta of 0.87. The firm’s 50-day moving average is $140.85 and its two-hundred day moving average is $134.71.

iShares Select Dividend ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, September 19th. Shareholders of record on Tuesday, September 16th were given a dividend of $1.2465 per share. This is a positive change from iShares Select Dividend ETF’s previous quarterly dividend of $1.23. The ex-dividend date was Tuesday, September 16th. This represents a $4.99 dividend on an annualized basis and a dividend yield of 3.5%.

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.