iShares Select Dividend ETF $DVY Position Boosted by TD Waterhouse Canada Inc.

TD Waterhouse Canada Inc. grew its holdings in iShares Select Dividend ETF (NASDAQ:DVY) by 29.2% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 19,056 shares of the company’s stock after purchasing an additional 4,302 shares during the period. TD Waterhouse Canada Inc.’s holdings in iShares Select Dividend ETF were worth $2,992,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Round Rock Advisors LLC increased its stake in iShares Select Dividend ETF by 4.8% in the 2nd quarter. Round Rock Advisors LLC now owns 120,146 shares of the company’s stock valued at $18,779,000 after buying an additional 5,499 shares during the period. XML Financial LLC raised its holdings in shares of iShares Select Dividend ETF by 3.8% during the second quarter. XML Financial LLC now owns 10,439 shares of the company’s stock worth $1,632,000 after acquiring an additional 385 shares in the last quarter. Beacon Financial Advisory LLC raised its holdings in shares of iShares Select Dividend ETF by 3.7% during the second quarter. Beacon Financial Advisory LLC now owns 8,203 shares of the company’s stock worth $1,282,000 after acquiring an additional 294 shares in the last quarter. Murphy Middleton Hinkle & Parker Inc. boosted its position in iShares Select Dividend ETF by 2.6% during the second quarter. Murphy Middleton Hinkle & Parker Inc. now owns 35,005 shares of the company’s stock valued at $5,471,000 after purchasing an additional 879 shares during the last quarter. Finally, LGL Partners LLC increased its position in iShares Select Dividend ETF by 0.8% in the 2nd quarter. LGL Partners LLC now owns 31,323 shares of the company’s stock worth $4,896,000 after purchasing an additional 246 shares during the last quarter. 46.08% of the stock is owned by hedge funds and other institutional investors.

iShares Select Dividend ETF Price Performance

Shares of iShares Select Dividend ETF stock opened at $164.25 on Tuesday. The firm has a market cap of $23.92 billion, a price-to-earnings ratio of 13.69 and a beta of 0.66. The stock has a 50-day simple moving average of $162.15 and a 200-day simple moving average of $156.45. iShares Select Dividend ETF has a 52-week low of $137.16 and a 52-week high of $167.06.

iShares Select Dividend ETF Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, June 18th. Stockholders of record on Monday, June 15th were issued a dividend of $1.2472 per share. The ex-dividend date was Monday, June 15th. This represents a $4.99 dividend on an annualized basis and a dividend yield of 3.0%. 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.