SlateStone Wealth LLC Boosts Position in iShares Select Dividend ETF (NASDAQ:DVY)

SlateStone Wealth LLC increased its position in iShares Select Dividend ETF (NASDAQ:DVY) by 25.8% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 3,336 shares of the company’s stock after purchasing an additional 685 shares during the period. SlateStone Wealth LLC’s holdings in iShares Select Dividend ETF were worth $404,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently modified their holdings of DVY. GAMMA Investing LLC purchased a new stake in shares of iShares Select Dividend ETF during the fourth quarter worth about $27,000. 1620 Investment Advisors Inc. bought a new stake in iShares Select Dividend ETF during the 2nd quarter valued at $30,000. ORG Partners LLC bought a new stake in iShares Select Dividend ETF during the 2nd quarter valued at $32,000. Family Firm Inc. purchased a new position in shares of iShares Select Dividend ETF in the 2nd quarter valued at $36,000. Finally, Triad Wealth Partners LLC acquired a new position in shares of iShares Select Dividend ETF in the second quarter valued at about $40,000. 46.08% of the stock is owned by hedge funds and other institutional investors.

iShares Select Dividend ETF Stock Up 0.3 %

DVY stock opened at $132.71 on Tuesday. The business has a fifty day moving average of $125.46 and a two-hundred day moving average of $122.03. The stock has a market cap of $19.73 billion, a price-to-earnings 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 $133.46.

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 $0.9304 dividend. This represents a $3.72 annualized dividend and a yield of 2.80%. The ex-dividend date 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.