White Lighthouse Investment Management Inc. boosted its holdings in shares of iShares Select Dividend ETF (NASDAQ:DVY – Free Report) by 6.2% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 74,390 shares of the company’s stock after purchasing an additional 4,362 shares during the quarter. iShares Select Dividend ETF comprises 1.4% of White Lighthouse Investment Management Inc.’s portfolio, making the stock its 17th biggest holding. White Lighthouse Investment Management Inc.’s holdings in iShares Select Dividend ETF were worth $11,312,000 as of its most recent SEC filing.
A number of other large investors also recently added to or reduced their stakes in the business. Sage Capital Advisors llc lifted its holdings in iShares Select Dividend ETF by 2.2% in the 2nd quarter. Sage Capital Advisors llc now owns 2,993 shares of the company’s stock worth $468,000 after purchasing an additional 64 shares in the last quarter. Harbor Asset Planning Inc. grew its holdings in iShares Select Dividend ETF by 3.4% during the 1st quarter. Harbor Asset Planning Inc. now owns 2,202 shares of the company’s stock valued at $333,000 after buying an additional 72 shares in the last quarter. Vision Capital Management Inc. grew its holdings in iShares Select Dividend ETF by 2.5% during the 1st quarter. Vision Capital Management Inc. now owns 3,175 shares of the company’s stock valued at $481,000 after buying an additional 76 shares in the last quarter. Cooper Financial Group grew its holdings in iShares Select Dividend ETF by 4.5% during the 3rd quarter. Cooper Financial Group now owns 1,799 shares of the company’s stock valued at $274,000 after buying an additional 77 shares in the last quarter. Finally, Cozad Asset Management Inc. grew its holdings in iShares Select Dividend ETF by 0.5% during the 1st quarter. Cozad Asset Management Inc. now owns 14,734 shares of the company’s stock valued at $2,231,000 after buying an additional 80 shares in the last quarter. 46.08% of the stock is owned by hedge funds and other institutional investors.
iShares Select Dividend ETF Price Performance
iShares Select Dividend ETF stock opened at $159.39 on Thursday. The stock has a market cap of $23.24 billion, a P/E ratio of 13.69 and a beta of 0.66. iShares Select Dividend ETF has a 1 year low of $137.16 and a 1 year high of $167.06. The firm’s 50 day moving average price is $159.61 and its 200-day moving average price is $157.52.
iShares Select Dividend ETF Increases Dividend
The business also recently announced a quarterly dividend, which was paid on Friday, September 18th. Investors of record on Tuesday, September 15th were given a dividend of $1.3291 per share. This is a positive change from iShares Select Dividend ETF’s previous quarterly dividend of $1.2472. This represents a $5.32 dividend on an annualized basis and a dividend yield of 3.3%. The ex-dividend date was Tuesday, September 15th.
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.
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