iShares Select Dividend ETF $DVY is Round Rock Advisors LLC’s 9th Largest Position

Round Rock Advisors LLC grew its stake in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 4.8% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 120,146 shares of the company’s stock after purchasing an additional 5,499 shares during the quarter. iShares Select Dividend ETF makes up approximately 2.4% of Round Rock Advisors LLC’s portfolio, making the stock its 9th biggest position. Round Rock Advisors LLC owned 0.08% of iShares Select Dividend ETF worth $18,779,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Morgan Stanley increased its position in shares of iShares Select Dividend ETF by 3.6% in the fourth quarter. Morgan Stanley now owns 6,506,794 shares of the company’s stock valued at $918,369,000 after acquiring an additional 224,125 shares during the period. Northwestern Mutual Wealth Management Co. lifted its stake in shares of iShares Select Dividend ETF by 1,771.5% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 6,385,482 shares of the company’s stock valued at $901,247,000 after purchasing an additional 6,044,290 shares during the period. Wells Fargo & Company MN lifted its position in iShares Select Dividend ETF by 1.9% during the fourth quarter. Wells Fargo & Company MN now owns 3,807,955 shares of the company’s stock valued at $537,455,000 after buying an additional 69,658 shares during the period. Royal Bank of Canada boosted its stake in iShares Select Dividend ETF by 3.9% during the fourth quarter. Royal Bank of Canada now owns 3,073,777 shares of the company’s stock worth $433,832,000 after acquiring an additional 114,490 shares in the last quarter. Finally, LPL Financial LLC boosted its position in shares of iShares Select Dividend ETF by 3.8% in the 4th quarter. LPL Financial LLC now owns 1,789,466 shares of the company’s stock worth $252,565,000 after purchasing an additional 65,691 shares in the last quarter. 46.08% of the stock is owned by hedge funds and other institutional investors.

iShares Select Dividend ETF Trading Up 0.7%

iShares Select Dividend ETF stock opened at $163.99 on Thursday. The company has a market capitalization of $23.89 billion, a price-to-earnings ratio of 13.69 and a beta of 0.66. The business’s fifty day simple moving average is $161.74 and its two-hundred day simple moving average is $156.30. iShares Select Dividend ETF has a 12 month low of $137.16 and a 12 month high of $167.06.

iShares Select Dividend ETF Increases Dividend

The company 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 is a positive change from iShares Select Dividend ETF’s previous quarterly dividend of $1.15. This represents a $4.99 dividend on an annualized basis and a dividend yield of 3.0%.

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.