Kestra Advisory Services LLC Purchases 18,782 Shares of iShares Select Dividend ETF (NASDAQ:DVY)

Kestra Advisory Services LLC lifted its position in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 17.2% in the 1st quarter, HoldingsChannel reports. The institutional investor owned 127,813 shares of the company’s stock after purchasing an additional 18,782 shares during the quarter. Kestra Advisory Services LLC’s holdings in iShares Select Dividend ETF were worth $15,744,000 at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of DVY. GAMMA Investing LLC bought a new stake in shares of iShares Select Dividend ETF during the 4th quarter valued at about $27,000. Parkside Financial Bank & Trust lifted its stake in iShares Select Dividend ETF by 91.2% in the fourth quarter. Parkside Financial Bank & Trust now owns 390 shares of the company’s stock valued at $46,000 after buying an additional 186 shares during the period. Headlands Technologies LLC grew its position in shares of iShares Select Dividend ETF by 884.6% during the 1st quarter. Headlands Technologies LLC now owns 384 shares of the company’s stock worth $47,000 after buying an additional 345 shares during the period. Richardson Financial Services Inc. bought a new stake in shares of iShares Select Dividend ETF in the 4th quarter valued at $49,000. Finally, ZRC Wealth Management LLC lifted its position in shares of iShares Select Dividend ETF by 154.7% during the 1st quarter. ZRC Wealth Management LLC now owns 456 shares of the company’s stock valued at $55,000 after acquiring an additional 277 shares during the period. Institutional investors own 46.08% of the company’s stock.

iShares Select Dividend ETF Trading Up 1.0 %

NASDAQ DVY traded up $1.32 on Friday, hitting $129.49. 446,466 shares of the company were exchanged, compared to its average volume of 507,500. iShares Select Dividend ETF has a 12 month low of $102.66 and a 12 month high of $129.66. The company has a market cap of $19.39 billion, a PE ratio of 13.25 and a beta of 0.87. The stock has a fifty day moving average of $122.86 and a 200-day moving average of $120.07.

iShares Select Dividend ETF Announces Dividend

The company also recently announced 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 annualized dividend and a dividend yield of 2.87%.

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.