3,675 Shares in iShares Select Dividend ETF $DVY Purchased by NBH Bank

NBH Bank acquired a new stake in shares of iShares Select Dividend ETF (NASDAQ:DVY) during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 3,675 shares of the company’s stock, valued at approximately $574,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Caitlin John LLC bought a new position in shares of iShares Select Dividend ETF in the fourth quarter worth approximately $25,000. Miller Capital Partners Inc. bought a new stake in shares of iShares Select Dividend ETF during the fourth quarter valued at approximately $30,000. Main Street Group LTD bought a new stake in shares of iShares Select Dividend ETF during the first quarter valued at approximately $33,000. Qube Research & Technologies Ltd bought a new stake in shares of iShares Select Dividend ETF during the second quarter valued at approximately $34,000. Finally, Jessup Wealth Management Inc purchased a new position in iShares Select Dividend ETF in the 4th quarter worth approximately $38,000. 46.08% of the stock is currently owned by institutional investors.

iShares Select Dividend ETF Trading Down 0.4%

DVY stock opened at $164.25 on Friday. The stock has a market capitalization of $23.92 billion, a PE ratio of 13.69 and a beta of 0.66. iShares Select Dividend ETF has a 12-month low of $137.16 and a 12-month high of $167.06. The stock’s 50 day simple moving average is $162.03 and its 200 day simple moving average is $156.41.

iShares Select Dividend ETF Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, June 18th. Stockholders of record on Monday, June 15th were paid a $1.2472 dividend. This is an increase from iShares Select Dividend ETF’s previous quarterly dividend of $1.15. This represents a $4.99 annualized dividend and a dividend yield of 3.0%. The ex-dividend date was Monday, June 15th.

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