Valeo Financial Advisors LLC Buys 572 Shares of iShares Select Dividend ETF (NASDAQ:DVY)

Valeo Financial Advisors LLC boosted its stake in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 2.9% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 20,407 shares of the company’s stock after buying an additional 572 shares during the period. Valeo Financial Advisors LLC’s holdings in iShares Select Dividend ETF were worth $2,514,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Royal Bank of Canada boosted its stake in iShares Select Dividend ETF by 2.6% during the 3rd quarter. Royal Bank of Canada now owns 2,579,311 shares of the company’s stock valued at $277,635,000 after purchasing an additional 64,326 shares during the last quarter. International Assets Investment Management LLC boosted its stake in iShares Select Dividend ETF by 12,638.3% during the 4th quarter. International Assets Investment Management LLC now owns 2,407,409 shares of the company’s stock valued at $282,196,000 after purchasing an additional 2,388,510 shares during the last quarter. Truist Financial Corp boosted its stake in 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 valued at $176,469,000 after purchasing an additional 84,251 shares during the last quarter. Comerica Bank purchased a new stake in iShares Select Dividend ETF during the 3rd quarter valued at $61,160,000. Finally, Miller Howard Investments Inc. NY boosted its stake in iShares Select Dividend ETF by 110.0% during the 4th quarter. Miller Howard Investments Inc. NY now owns 403,081 shares of the company’s stock valued at $47,249,000 after purchasing an additional 211,112 shares during the last quarter. Institutional investors own 46.08% of the company’s stock.

iShares Select Dividend ETF Trading Down 0.2 %

Shares of DVY opened at $120.55 on Thursday. The company has a market cap of $18.32 billion, a price-to-earnings ratio of 13.25 and a beta of 0.87. iShares Select Dividend ETF has a 12 month low of $102.66 and a 12 month high of $125.99. The business’s fifty day simple moving average is $122.00 and its two-hundred day simple moving average is $119.15.

iShares Select Dividend ETF Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, June 17th. Stockholders of record on Tuesday, June 11th were paid a $0.9304 dividend. The ex-dividend date of this dividend was Tuesday, June 11th. This represents a $3.72 dividend on an annualized basis and a dividend yield of 3.09%.

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.