Hilltop Holdings Inc. Boosts Stake in iShares Select Dividend ETF (NASDAQ:DVY)

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Hilltop Holdings Inc. increased its stake in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 146.2% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 11,099 shares of the company’s stock after purchasing an additional 6,590 shares during the quarter. Hilltop Holdings Inc.’s holdings in iShares Select Dividend ETF were worth $1,055,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Guggenheim Capital LLC grew its position in iShares Select Dividend ETF by 39.1% in the first quarter. Guggenheim Capital LLC now owns 7,023 shares of the company’s stock valued at $668,000 after purchasing an additional 1,974 shares in the last quarter. Cabana LLC grew its position in iShares Select Dividend ETF by 93.3% in the first quarter. Cabana LLC now owns 7,174 shares of the company’s stock valued at $702,000 after purchasing an additional 3,462 shares in the last quarter. Mariner LLC grew its position in iShares Select Dividend ETF by 2.5% in the first quarter. Mariner LLC now owns 149,315 shares of the company’s stock valued at $14,203,000 after purchasing an additional 3,575 shares in the last quarter. LPL Financial LLC grew its position in iShares Select Dividend ETF by 2.0% in the first quarter. LPL Financial LLC now owns 1,149,674 shares of the company’s stock valued at $109,357,000 after purchasing an additional 22,587 shares in the last quarter. Finally, Ladenburg Thalmann Financial Services Inc. grew its position in shares of iShares Select Dividend ETF by 15.3% in the 1st quarter. Ladenburg Thalmann Financial Services Inc. now owns 290,257 shares of the company’s stock valued at $27,590,000 after acquiring an additional 38,566 shares during the period.

Shares of iShares Select Dividend ETF opened at $97.74 on Friday, according to Marketbeat. iShares Select Dividend ETF has a one year low of $90.47 and a one year high of $102.32.

The business also recently announced a quarterly dividend, which will be paid on Monday, July 2nd. Stockholders of record on Wednesday, June 27th will be paid a dividend of $0.8022 per share. This represents a $3.21 dividend on an annualized basis and a dividend yield of 3.28%. The ex-dividend date is Tuesday, June 26th. This is a boost from iShares Select Dividend ETF’s previous quarterly dividend of $0.80.

iShares Select Dividend ETF 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.

Institutional Ownership by Quarter for iShares Select Dividend ETF (NASDAQ:DVY)

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