MAI Capital Management Has $4.57 Million Stake in iShares Select Dividend ETF (DVY)

MAI Capital Management lifted its stake in iShares Select Dividend ETF (NASDAQ:DVY) by 3.2% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 45,799 shares of the company’s stock after buying an additional 1,424 shares during the period. MAI Capital Management’s holdings in iShares Select Dividend ETF were worth $4,569,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of the company. Gradient Investments LLC boosted its position in shares of iShares Select Dividend ETF by 273.0% in the third quarter. Gradient Investments LLC now owns 4,111 shares of the company’s stock worth $102,000 after buying an additional 3,009 shares during the period. Iberiabank Corp boosted its position in shares of iShares Select Dividend ETF by 7.1% in the third quarter. Iberiabank Corp now owns 14,460 shares of the company’s stock worth $1,443,000 after buying an additional 961 shares during the period. Lourd Capital LLC purchased a new stake in shares of iShares Select Dividend ETF in the third quarter worth about $357,000. Gyroscope Capital Management Group LLC boosted its position in shares of iShares Select Dividend ETF by 15.1% in the third quarter. Gyroscope Capital Management Group LLC now owns 7,711 shares of the company’s stock worth $773,000 after buying an additional 1,011 shares during the period. Finally, Kovack Advisors Inc. boosted its position in shares of iShares Select Dividend ETF by 12.7% in the third quarter. Kovack Advisors Inc. now owns 11,235 shares of the company’s stock worth $1,121,000 after buying an additional 1,262 shares during the period.

Shares of NASDAQ DVY opened at $96.37 on Friday. iShares Select Dividend ETF has a 1-year low of $91.67 and a 1-year high of $102.54.

The business also recently announced a quarterly dividend, which was paid on Tuesday, October 2nd. Stockholders of record on Thursday, September 27th were given a $0.859 dividend. This is an increase from iShares Select Dividend ETF’s previous quarterly dividend of $0.80. The ex-dividend date was Wednesday, September 26th. This represents a $3.44 annualized dividend and a dividend yield of 3.57%.

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.

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Institutional Ownership by Quarter for iShares Select Dividend ETF (NASDAQ:DVY)

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