Johnson Financial Group Inc. Acquires 1,278 Shares of iShares Select Dividend ETF (NASDAQ:DVY)

Johnson Financial Group Inc. increased its holdings in iShares Select Dividend ETF (NASDAQ:DVY) by 20.0% in the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 7,653 shares of the company’s stock after buying an additional 1,278 shares during the quarter. Johnson Financial Group Inc.’s holdings in iShares Select Dividend ETF were worth $897,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. International Assets Investment Management LLC boosted its position in iShares Select Dividend ETF by 12,638.3% in the fourth quarter. International Assets Investment Management LLC now owns 2,407,409 shares of the company’s stock worth $282,196,000 after purchasing an additional 2,388,510 shares during the last quarter. Comerica Bank purchased a new position in iShares Select Dividend ETF in the third quarter worth about $61,160,000. Miller Howard Investments Inc. NY boosted its position in iShares Select Dividend ETF by 110.0% in the fourth quarter. Miller Howard Investments Inc. NY now owns 403,081 shares of the company’s stock worth $47,249,000 after purchasing an additional 211,112 shares during the last quarter. Charles Schwab Investment Management Inc. boosted its position in iShares Select Dividend ETF by 244.8% in the third quarter. Charles Schwab Investment Management Inc. now owns 171,206 shares of the company’s stock worth $18,429,000 after purchasing an additional 121,551 shares during the last quarter. Finally, Northern Trust Corp boosted its position in iShares Select Dividend ETF by 3.0% in the third quarter. Northern Trust Corp now owns 3,446,617 shares of the company’s stock worth $370,994,000 after purchasing an additional 101,996 shares during the last quarter. 46.08% of the stock is currently owned by institutional investors.

iShares Select Dividend ETF Price Performance

Shares of DVY stock traded up $0.78 during trading hours on Friday, reaching $123.18. 214,707 shares of the company traded hands, compared to its average volume of 538,435. iShares Select Dividend ETF has a 12-month low of $102.66 and a 12-month high of $125.99. The company has a market cap of $18.72 billion, a P/E ratio of 13.25 and a beta of 0.87. The firm has a 50-day moving average price of $121.36 and a 200 day moving average price of $117.27.

iShares Select Dividend ETF Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, March 27th. Stockholders of record on Friday, March 22nd were given a dividend of $0.9976 per share. The ex-dividend date of this dividend was Thursday, March 21st. This represents a $3.99 dividend on an annualized basis and a dividend yield of 3.24%.

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.