SPC Financial Inc. Grows Holdings in iShares Select Dividend ETF (NASDAQ:DVY)

SPC Financial Inc. boosted its holdings in iShares Select Dividend ETF (NASDAQ:DVY) by 0.2% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 44,394 shares of the company’s stock after purchasing an additional 83 shares during the quarter. SPC Financial Inc.’s holdings in iShares Select Dividend ETF were worth $5,468,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Johnson Financial Group Inc. raised its position in iShares Select Dividend ETF by 20.0% during the 4th quarter. Johnson Financial Group Inc. now owns 7,653 shares of the company’s stock worth $897,000 after buying an additional 1,278 shares during the last quarter. TIAA Trust National Association raised its position in iShares Select Dividend ETF by 4.7% during the 4th quarter. TIAA Trust National Association now owns 9,725 shares of the company’s stock worth $1,140,000 after buying an additional 437 shares during the last quarter. Park Place Capital Corp raised its position in iShares Select Dividend ETF by 1.6% during the 4th quarter. Park Place Capital Corp now owns 8,397 shares of the company’s stock worth $984,000 after buying an additional 129 shares during the last quarter. Capital Asset Advisory Services LLC raised its position in iShares Select Dividend ETF by 1.5% during the 1st quarter. Capital Asset Advisory Services LLC now owns 7,390 shares of the company’s stock worth $894,000 after buying an additional 107 shares during the last quarter. Finally, Ledge Wealth Management Inc. purchased a new position in iShares Select Dividend ETF during the 4th quarter worth $202,000. Hedge funds and other institutional investors own 46.08% of the company’s stock.

iShares Select Dividend ETF Stock Performance

iShares Select Dividend ETF stock traded up $2.40 during trading hours on Thursday, reaching $124.08. 498,434 shares of the stock were exchanged, compared to its average volume of 509,003. The stock has a market cap of $18.62 billion, a P/E ratio of 13.25 and a beta of 0.87. iShares Select Dividend ETF has a 52-week low of $102.66 and a 52-week high of $125.99. The firm’s 50 day moving average is $122.05 and its 200 day moving average is $119.29.

iShares Select Dividend ETF Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, June 17th. Shareholders 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 dividend on an annualized basis and a yield of 3.00%.

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.