JFS Wealth Advisors LLC Increases Holdings in iShares Select Dividend ETF $DVY

JFS Wealth Advisors LLC increased its holdings in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 1.7% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 23,353 shares of the company’s stock after purchasing an additional 380 shares during the period. JFS Wealth Advisors LLC’s holdings in iShares Select Dividend ETF were worth $3,101,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently added to or reduced their stakes in the business. First Fiduciary Investment Counsel Inc. purchased a new stake in iShares Select Dividend ETF during the 2nd quarter worth $381,000. JB Capital LLC purchased a new stake in iShares Select Dividend ETF during the 2nd quarter worth $290,000. Callan Family Office LLC boosted its position in iShares Select Dividend ETF by 13.0% during the 2nd quarter. Callan Family Office LLC now owns 39,179 shares of the company’s stock worth $5,203,000 after purchasing an additional 4,500 shares during the period. US Bancorp DE boosted its position in iShares Select Dividend ETF by 1.3% during the 2nd quarter. US Bancorp DE now owns 1,137,906 shares of the company’s stock worth $151,125,000 after purchasing an additional 15,019 shares during the period. Finally, Trifecta Capital Advisors LLC boosted its position in iShares Select Dividend ETF by 19.1% during the 2nd quarter. Trifecta Capital Advisors LLC now owns 16,930 shares of the company’s stock worth $2,248,000 after purchasing an additional 2,715 shares during the period. 46.08% of the stock is owned by hedge funds and other institutional investors.

iShares Select Dividend ETF Price Performance

NASDAQ:DVY opened at $138.16 on Friday. The firm has a 50-day moving average of $140.19 and a two-hundred day moving average of $134.26. The stock has a market cap of $20.32 billion, a P/E 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 company also recently disclosed a quarterly dividend, which was paid on Friday, September 19th. Shareholders of record on Tuesday, September 16th were given a $1.2465 dividend. This represents a $4.99 dividend on an annualized basis and a yield of 3.6%. The ex-dividend date of this dividend was Tuesday, September 16th. This is an increase from iShares Select Dividend ETF’s previous quarterly dividend of $1.23.

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.