9,398 Shares of iShares Select Dividend ETF $DVY Bought by Whalen Wealth Management Inc.

Whalen Wealth Management Inc. acquired a new stake in shares of iShares Select Dividend ETF (NASDAQ:DVY) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 9,398 shares of the company’s stock, valued at approximately $1,429,000.

A number of other large investors also recently bought and sold shares of DVY. Sage Capital Advisors llc lifted its stake in iShares Select Dividend ETF by 2.2% during the 2nd quarter. Sage Capital Advisors llc now owns 2,993 shares of the company’s stock valued at $468,000 after acquiring an additional 64 shares during the period. Harbor Asset Planning Inc. increased its stake in shares of iShares Select Dividend ETF by 3.4% in the first quarter. Harbor Asset Planning Inc. now owns 2,202 shares of the company’s stock worth $333,000 after acquiring an additional 72 shares during the period. Cambridge Advisors Inc. raised its holdings in shares of iShares Select Dividend ETF by 2.2% during the first quarter. Cambridge Advisors Inc. now owns 3,525 shares of the company’s stock worth $534,000 after purchasing an additional 75 shares during the last quarter. Vision Capital Management Inc. raised its holdings in shares of iShares Select Dividend ETF by 2.5% during the first quarter. Vision Capital Management Inc. now owns 3,175 shares of the company’s stock worth $481,000 after purchasing an additional 76 shares during the last quarter. Finally, Cooper Financial Group lifted its position in iShares Select Dividend ETF by 4.5% during the third quarter. Cooper Financial Group now owns 1,799 shares of the company’s stock valued at $274,000 after purchasing an additional 77 shares during the period. Institutional investors own 46.08% of the company’s stock.

iShares Select Dividend ETF Price Performance

NASDAQ:DVY traded up $1.41 during mid-day trading on Thursday, hitting $154.68. The company’s stock had a trading volume of 105,943 shares, compared to its average volume of 437,643. iShares Select Dividend ETF has a 1 year low of $137.16 and a 1 year high of $167.06. The stock has a market cap of $22.54 billion, a price-to-earnings ratio of 13.69 and a beta of 0.66. The business’s fifty day moving average is $160.59 and its two-hundred day moving average is $156.99.

iShares Select Dividend ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 18th. Stockholders of record on Tuesday, September 15th were issued a $1.3291 dividend. This is a boost from iShares Select Dividend ETF’s previous quarterly dividend of $1.2472. The ex-dividend date of this dividend was Tuesday, September 15th. This represents a $5.32 annualized dividend and a dividend yield of 3.4%.

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. The Index consists of 100 of the highest dividend-yielding securities (excluding real estate investment trusts (REITs) in the Dow Jones U.S.