Joel Isaacson & Co. LLC Raises Stock Holdings in iShares Select Dividend ETF $DVY

Joel Isaacson & Co. LLC raised its stake in iShares Select Dividend ETF (NASDAQ:DVY) by 1.5% during the 2nd quarter, Holdings Channel.com reports. The firm owned 23,484 shares of the company’s stock after buying an additional 356 shares during the quarter. Joel Isaacson & Co. LLC’s holdings in iShares Select Dividend ETF were worth $3,119,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in the company. Precedent Wealth Partners LLC boosted its stake in shares of iShares Select Dividend ETF by 0.7% during the 2nd quarter. Precedent Wealth Partners LLC now owns 11,185 shares of the company’s stock worth $1,486,000 after acquiring an additional 77 shares in the last quarter. Keudell Morrison Wealth Management raised its holdings in iShares Select Dividend ETF by 1.0% in the 2nd quarter. Keudell Morrison Wealth Management now owns 8,224 shares of the company’s stock worth $1,092,000 after purchasing an additional 79 shares during the period. Murphy Middleton Hinkle & Parker Inc. boosted its position in iShares Select Dividend ETF by 0.3% during the first quarter. Murphy Middleton Hinkle & Parker Inc. now owns 32,178 shares of the company’s stock worth $4,318,000 after purchasing an additional 84 shares in the last quarter. Denver Wealth Management Inc. boosted its position in iShares Select Dividend ETF by 4.2% during the first quarter. Denver Wealth Management Inc. now owns 2,086 shares of the company’s stock worth $280,000 after purchasing an additional 85 shares in the last quarter. Finally, CRA Financial Services LLC grew its holdings in iShares Select Dividend ETF by 1.0% in the second quarter. CRA Financial Services LLC now owns 9,620 shares of the company’s stock valued at $1,278,000 after purchasing an additional 91 shares during the period. 46.08% of the stock is currently owned by institutional investors.

iShares Select Dividend ETF Price Performance

iShares Select Dividend ETF stock opened at $142.88 on Tuesday. The stock has a market capitalization of $21.00 billion, a PE ratio of 13.69 and a beta of 0.87. The business has a 50 day simple moving average of $139.76 and a 200-day simple moving average of $134.07. iShares Select Dividend ETF has a 12 month low of $115.94 and a 12 month high of $144.09.

iShares Select Dividend ETF Increases Dividend

The business also recently disclosed 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 boost 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 3.5%. The ex-dividend date was Tuesday, September 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.