waypoint wealth counsel Has $1.20 Million Stake in iShares Select Dividend ETF (NASDAQ:DVY)

waypoint wealth counsel reduced its holdings in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 1.4% in the second quarter, HoldingsChannel.com reports. The fund owned 9,905 shares of the company’s stock after selling 141 shares during the quarter. iShares Select Dividend ETF accounts for 0.9% of waypoint wealth counsel’s holdings, making the stock its 26th biggest position. waypoint wealth counsel’s holdings in iShares Select Dividend ETF were worth $1,198,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently made changes to their positions in the business. Truist Financial Corp boosted its position in shares of iShares Select Dividend ETF by 5.9% during the 4th quarter. Truist Financial Corp now owns 1,505,448 shares of the company’s stock worth $176,469,000 after purchasing an additional 84,251 shares in the last quarter. Raymond James Financial Services Advisors Inc. raised its holdings in shares of iShares Select Dividend ETF by 47.2% in the 1st quarter. Raymond James Financial Services Advisors Inc. now owns 759,253 shares of the company’s stock worth $93,525,000 after acquiring an additional 243,579 shares during the last quarter. Commonwealth Equity Services LLC increased its holdings in iShares Select Dividend ETF by 2.0% during the 1st quarter. Commonwealth Equity Services LLC now owns 636,401 shares of the company’s stock worth $78,392,000 after purchasing an additional 12,729 shares in the last quarter. Jane Street Group LLC grew its holdings in iShares Select Dividend ETF by 1,872.8% during the first quarter. Jane Street Group LLC now owns 617,469 shares of the company’s stock worth $76,060,000 after buying an additional 586,170 shares in the last quarter. Finally, Stifel Financial Corp lifted its position in shares of iShares Select Dividend ETF by 20.0% during the 4th quarter. Stifel Financial Corp now owns 321,861 shares of the company’s stock worth $37,729,000 after buying an additional 53,718 shares in the last quarter. 46.08% of the stock is owned by institutional investors.

iShares Select Dividend ETF Trading Up 0.8 %

Shares of DVY stock traded up $1.00 during trading on Friday, hitting $129.57. The company’s stock had a trading volume of 277,417 shares, compared to its average volume of 493,878. The business has a fifty day moving average of $124.14 and a 200-day moving average of $121.29. iShares Select Dividend ETF has a 52 week low of $102.66 and a 52 week high of $131.02. The company has a market cap of $19.26 billion, a PE ratio of 13.25 and a beta of 0.87.

iShares Select Dividend ETF Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, June 17th. Investors of record on Tuesday, June 11th were given a dividend of $0.9304 per share. The ex-dividend date of this dividend was Tuesday, June 11th. This represents a $3.72 annualized dividend and a yield of 2.87%.

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.