Brighton Jones LLC Has $1.38 Million Stock Position in iShares Select Dividend ETF (NASDAQ:DVY)

Brighton Jones LLC reduced its stake in iShares Select Dividend ETF (NASDAQ:DVY) by 6.9% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 11,430 shares of the company’s stock after selling 851 shares during the quarter. Brighton Jones LLC’s holdings in iShares Select Dividend ETF were worth $1,383,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in DVY. Jane Street Group LLC lifted its stake in shares of iShares Select Dividend ETF by 1,872.8% in the first 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. Miller Howard Investments Inc. NY lifted its stake in iShares Select Dividend ETF by 400.3% in the second quarter. Miller Howard Investments Inc. NY now owns 315,140 shares of the company’s stock valued at $38,126,000 after buying an additional 252,150 shares during the period. National Bank of Canada FI lifted its stake in iShares Select Dividend ETF by 72.7% in the second quarter. National Bank of Canada FI now owns 213,193 shares of the company’s stock valued at $25,556,000 after buying an additional 89,727 shares during the period. Fifth Third Wealth Advisors LLC lifted its stake in iShares Select Dividend ETF by 728.9% in the first quarter. Fifth Third Wealth Advisors LLC now owns 73,108 shares of the company’s stock valued at $9,005,000 after buying an additional 64,288 shares during the period. Finally, Charles Schwab Investment Management Inc. lifted its stake in iShares Select Dividend ETF by 34.4% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 230,083 shares of the company’s stock valued at $26,970,000 after buying an additional 58,877 shares during the period. 46.08% of the stock is owned by institutional investors and hedge funds.

iShares Select Dividend ETF Stock Performance

Shares of DVY opened at $135.26 on Friday. iShares Select Dividend ETF has a 52-week low of $102.66 and a 52-week high of $136.11. The business’s 50 day moving average price is $130.14 and its two-hundred day moving average price is $124.28. The firm has a market cap of $20.11 billion, a PE ratio of 13.25 and a beta of 0.87.

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.