iShares Nasdaq Top 30 Stocks ETF (NASDAQ:QTOP) Announces Dividend Increase – $0.03 Per Share

iShares Nasdaq Top 30 Stocks ETF (NASDAQ:QTOP) declared a quarterly dividend on Monday, December 15th. Stockholders of record on Tuesday, December 16th will be paid a dividend of 0.0315 per share on Friday, December 19th. This represents a c) annualized dividend and a dividend yield of 0.4%. The ex-dividend date of this dividend is Tuesday, December 16th. This is a 6.5% increase from iShares Nasdaq Top 30 Stocks ETF’s previous quarterly dividend of $0.03.

iShares Nasdaq Top 30 Stocks ETF Trading Up 0.0%

NASDAQ:QTOP opened at $31.58 on Tuesday. iShares Nasdaq Top 30 Stocks ETF has a 12-month low of $20.33 and a 12-month high of $33.24. The stock has a 50-day moving average price of $31.86 and a 200 day moving average price of $30.05. The stock has a market capitalization of $210.92 million, a P/E ratio of 33.35 and a beta of 1.34.

Institutional Investors Weigh In On iShares Nasdaq Top 30 Stocks ETF

Several institutional investors and hedge funds have recently modified their holdings of QTOP. Thoroughbred Financial Services LLC purchased a new position in shares of iShares Nasdaq Top 30 Stocks ETF in the second quarter worth $8,391,000. Bank of America Corp DE increased its holdings in iShares Nasdaq Top 30 Stocks ETF by 264.8% in the 3rd quarter. Bank of America Corp DE now owns 77,884 shares of the company’s stock valued at $2,421,000 after acquiring an additional 56,532 shares during the last quarter. Jane Street Group LLC bought a new stake in iShares Nasdaq Top 30 Stocks ETF in the 1st quarter valued at $797,000. Private Advisor Group LLC lifted its stake in iShares Nasdaq Top 30 Stocks ETF by 261.3% in the 3rd quarter. Private Advisor Group LLC now owns 42,418 shares of the company’s stock worth $1,319,000 after purchasing an additional 30,678 shares in the last quarter. Finally, Citadel Advisors LLC boosted its holdings in shares of iShares Nasdaq Top 30 Stocks ETF by 183.2% during the 3rd quarter. Citadel Advisors LLC now owns 35,821 shares of the company’s stock valued at $1,114,000 after purchasing an additional 23,171 shares during the last quarter.

About iShares Nasdaq Top 30 Stocks ETF

The iShares Nasdaq Top 30 Stocks ETF (QTOP) is an exchange-traded fund that is based on the Nasdaq-100 Top 30 index. The fund aims to track an index composed of the 30 largest companies by market-cap from the Nasdaq-100 Index. The components are weighted by market-cap with capping limits QTOP was launched on Oct 24, 2024 and is issued by BlackRock.