Tred Avon Family Wealth LLC Has $202,000 Holdings in iShares Select Dividend ETF $DVY

Tred Avon Family Wealth LLC lowered its position in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 76.1% during the first quarter, Holdings Channel reports. The fund owned 1,333 shares of the company’s stock after selling 4,250 shares during the quarter. Tred Avon Family Wealth LLC’s holdings in iShares Select Dividend ETF were worth $202,000 at the end of the most recent quarter.

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

iShares Select Dividend ETF Stock Down 0.2%

Shares of iShares Select Dividend ETF stock opened at $157.90 on Tuesday. The stock has a market cap of $23.23 billion, a PE ratio of 13.69 and a beta of 0.66. The business has a fifty day simple moving average of $154.27 and a 200-day simple moving average of $151.27. iShares Select Dividend ETF has a 12 month low of $131.86 and a 12 month high of $160.38.

iShares Select Dividend ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, June 18th. Investors of record on Monday, June 15th were paid a $1.2472 dividend. The ex-dividend date of this dividend was Monday, June 15th. This represents a $4.99 annualized dividend and a yield of 3.2%. This is an increase from iShares Select Dividend ETF’s previous quarterly dividend of $1.15.

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