iShares Select Dividend ETF $DVY Shares Bought by Kwmg LLC

Kwmg LLC increased its holdings in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 4.8% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 120,457 shares of the company’s stock after buying an additional 5,508 shares during the quarter. iShares Select Dividend ETF accounts for about 1.3% of Kwmg LLC’s holdings, making the stock its 23rd biggest holding. Kwmg LLC owned approximately 0.08% of iShares Select Dividend ETF worth $18,318,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of DVY. Main Street Group LTD acquired a new position in iShares Select Dividend ETF during the first quarter worth about $33,000. MBM Wealth Consultants LLC acquired a new stake in shares of iShares Select Dividend ETF in the 1st quarter valued at approximately $51,000. Horizons Wealth Management bought a new stake in shares of iShares Select Dividend ETF during the 3rd quarter valued at approximately $55,000. Princeton Global Asset Management LLC grew its holdings in shares of iShares Select Dividend ETF by 452.9% during the 1st quarter. Princeton Global Asset Management LLC now owns 387 shares of the company’s stock valued at $59,000 after purchasing an additional 317 shares during the last quarter. Finally, GKV Capital Management Co. Inc. acquired a new position in iShares Select Dividend ETF during the 1st quarter worth approximately $61,000. 46.08% of the stock is owned by institutional investors and hedge funds.

iShares Select Dividend ETF Trading Down 0.3%

NASDAQ:DVY traded down $0.46 on Wednesday, hitting $153.46. The company had a trading volume of 120,557 shares, compared to its average volume of 438,837. The stock has a market capitalization of $22.37 billion, a price-to-earnings ratio of 13.69 and a beta of 0.66. The firm has a 50 day moving average of $160.80 and a two-hundred day moving average of $156.95. 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 business also recently declared a quarterly dividend, which was paid on Friday, September 18th. Stockholders of record on Tuesday, September 15th were issued a dividend of $1.3291 per share. This represents a $5.32 annualized dividend and a dividend yield of 3.5%. This is a boost from iShares Select Dividend ETF’s previous quarterly dividend of $1.2472. The ex-dividend date was Tuesday, September 15th.

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.