Rockefeller Capital Management L.P. Increases Holdings in iShares Select Dividend ETF $DVY

Rockefeller Capital Management L.P. raised its holdings in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 6.3% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 507,547 shares of the company’s stock after purchasing an additional 29,933 shares during the period. Rockefeller Capital Management L.P.’s holdings in iShares Select Dividend ETF were worth $71,635,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Caitlin John LLC purchased a new stake in iShares Select Dividend ETF in the 4th quarter worth approximately $25,000. Elevated Capital Advisors LLC purchased a new position in shares of iShares Select Dividend ETF during the fourth quarter valued at approximately $26,000. Ransom Advisory Ltd bought a new position in shares of iShares Select Dividend ETF during the fourth quarter valued at approximately $27,000. Miller Capital Partners Inc. bought a new position in shares of iShares Select Dividend ETF during the fourth quarter valued at approximately $30,000. Finally, Qube Research & Technologies Ltd bought a new position in shares of iShares Select Dividend ETF during the second quarter valued at approximately $34,000. Institutional investors own 46.08% of the company’s stock.

iShares Select Dividend ETF Price Performance

Shares of DVY stock opened at $153.30 on Friday. The firm has a market capitalization of $22.55 billion, a price-to-earnings ratio of 13.69 and a beta of 0.66. The stock has a fifty day moving average of $153.80 and a 200 day moving average of $150.58. iShares Select Dividend ETF has a 52 week low of $129.94 and a 52 week high of $160.38.

iShares Select Dividend ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, June 18th. Shareholders of record on Monday, June 15th were issued a $1.2472 dividend. This is a boost from iShares Select Dividend ETF’s previous quarterly dividend of $1.15. The ex-dividend date was Monday, June 15th. This represents a $4.99 annualized dividend and a yield of 3.3%.

About iShares Select Dividend ETF

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. The Index consists of 100 of the highest dividend-yielding securities (excluding real estate investment trusts (REITs) in the Dow Jones U.S.