Chapin Davis Inc. Has $743,000 Stock Holdings in iShares Select Dividend ETF (NASDAQ:DVY)

Chapin Davis Inc. lowered its holdings in iShares Select Dividend ETF (NASDAQ:DVY) by 2.8% during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 6,139 shares of the company’s stock after selling 176 shares during the quarter. Chapin Davis Inc.’s holdings in iShares Select Dividend ETF were worth $743,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in DVY. Truist Financial Corp raised its position in shares of iShares Select Dividend ETF by 5.9% during the fourth quarter. Truist Financial Corp now owns 1,505,448 shares of the company’s stock valued at $176,469,000 after buying an additional 84,251 shares during the last quarter. Raymond James Financial Services Advisors Inc. raised its holdings in 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 valued at $93,525,000 after acquiring an additional 243,579 shares in the last quarter. Commonwealth Equity Services LLC raised its holdings in iShares Select Dividend ETF by 2.0% in the 1st quarter. Commonwealth Equity Services LLC now owns 636,401 shares of the company’s stock valued at $78,392,000 after acquiring an additional 12,729 shares in the last quarter. Jane Street Group LLC lifted its position in shares of iShares Select Dividend ETF by 1,872.8% in the 1st quarter. Jane Street Group LLC now owns 617,469 shares of the company’s stock worth $76,060,000 after acquiring an additional 586,170 shares during the period. Finally, Stifel Financial Corp grew its holdings 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 purchasing an additional 53,718 shares in the last quarter. Institutional investors and hedge funds own 46.08% of the company’s stock.

iShares Select Dividend ETF Stock Performance

Shares of NASDAQ:DVY traded up $1.00 during midday trading on Friday, reaching $129.57. 277,417 shares of the company’s stock were exchanged, compared to its average volume of 493,878. The company’s 50 day simple moving average is $124.14 and its two-hundred day simple moving average is $121.33. iShares Select Dividend ETF has a 12 month low of $102.66 and a 12 month high of $131.02. The firm has a market capitalization 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. Shareholders of record on Tuesday, June 11th were given a $0.9304 dividend. This represents a $3.72 dividend on an annualized basis and a yield of 2.87%. The ex-dividend date of this dividend was Tuesday, June 11th.

About iShares Select Dividend ETF

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.