iShares Select Dividend ETF $DVY Shares Newly Bought by Tilia Fiduciary Partners Inc.

Tilia Fiduciary Partners Inc. acquired a new position in iShares Select Dividend ETF (NASDAQ:DVY) during the third quarter, according to its most recent filing with the SEC. The firm acquired 3,504 shares of the company’s stock, valued at approximately $533,000.

Several other hedge funds have also recently made changes to their positions in DVY. BIP Wealth LLC raised its position in shares of iShares Select Dividend ETF by 105.7% in the 2nd quarter. BIP Wealth LLC now owns 8,735 shares of the company’s stock worth $1,365,000 after acquiring an additional 4,488 shares in the last quarter. MV Capital Management Inc. purchased a new stake in iShares Select Dividend ETF in the fourth quarter worth $4,701,000. Envestnet Asset Management Inc. grew its stake in iShares Select Dividend ETF by 6.0% in the second quarter. Envestnet Asset Management Inc. now owns 1,576,255 shares of the company’s stock worth $246,334,000 after purchasing an additional 88,825 shares during the period. Rockefeller Capital Management L.P. raised its holdings in iShares Select Dividend ETF by 6.3% in the fourth quarter. Rockefeller Capital Management L.P. now owns 507,547 shares of the company’s stock worth $71,635,000 after purchasing an additional 29,933 shares in the last quarter. Finally, Perryman Financial Advisory Inc. AD purchased a new position in iShares Select Dividend ETF during the fourth quarter valued at $1,869,000. 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 $154.36 on Friday. iShares Select Dividend ETF has a 1 year low of $137.16 and a 1 year high of $167.06. The firm has a market cap of $22.51 billion, a price-to-earnings ratio of 13.69 and a beta of 0.66. The company has a 50-day moving average of $160.33 and a 200 day moving average of $157.04.

iShares Select Dividend ETF Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, September 18th. Investors of record on Tuesday, September 15th were paid a $1.3291 dividend. This represents a $5.32 dividend on an annualized basis and a yield of 3.4%. The ex-dividend date was Tuesday, September 15th. This is a positive change from iShares Select Dividend ETF’s previous quarterly dividend of $1.2472.

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.