MidFirst Bank Takes Position in iShares Select Dividend ETF $DVY

MidFirst Bank acquired a new stake in shares of iShares Select Dividend ETF (NASDAQ:DVY) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 24,296 shares of the company’s stock, valued at approximately $3,429,000.

A number of other hedge funds have also recently bought and sold shares of DVY. Archer Investment Corp lifted its stake in shares of iShares Select Dividend ETF by 0.9% during the 4th quarter. Archer Investment Corp now owns 7,840 shares of the company’s stock worth $1,106,000 after purchasing an additional 69 shares during the period. Kingsview Wealth Management LLC grew its position in shares of iShares Select Dividend ETF by 1.6% in the fourth quarter. Kingsview Wealth Management LLC now owns 4,463 shares of the company’s stock valued at $630,000 after purchasing an additional 69 shares during the period. Romano Brothers AND Company grew its position in shares of iShares Select Dividend ETF by 0.7% in the fourth quarter. Romano Brothers AND Company now owns 10,023 shares of the company’s stock valued at $1,415,000 after purchasing an additional 70 shares during the period. Compound Planning Inc. increased its stake in iShares Select Dividend ETF by 2.7% in the third quarter. Compound Planning Inc. now owns 2,785 shares of the company’s stock valued at $396,000 after purchasing an additional 74 shares during the last quarter. Finally, Journey Advisory Group LLC increased its stake in iShares Select Dividend ETF by 0.8% in the fourth quarter. Journey Advisory Group LLC now owns 9,693 shares of the company’s stock valued at $1,368,000 after purchasing an additional 75 shares during the last quarter. Institutional investors and hedge funds own 46.08% of the company’s stock.

iShares Select Dividend ETF Trading Down 0.3%

NASDAQ DVY opened at $153.30 on Friday. The business’s 50-day moving average price is $153.80 and its 200 day moving average price is $150.56. iShares Select Dividend ETF has a twelve month low of $129.94 and a twelve month high of $160.38. The company has a market capitalization of $22.55 billion, a PE ratio of 13.69 and a beta of 0.66.

iShares Select Dividend ETF Increases Dividend

The company also recently disclosed 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. This represents a $4.99 dividend on an annualized basis and a dividend yield of 3.3%. The ex-dividend date was Monday, June 15th. This is a positive change from iShares Select Dividend ETF’s previous quarterly dividend of $1.15.

iShares Select Dividend ETF 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.