Ropes Wealth Advisors LLC raised its stake in iShares Select Dividend ETF (NASDAQ:DVY) by 26.7% during the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 1,971 shares of the company’s stock after buying an additional 415 shares during the period. Ropes Wealth Advisors LLC’s holdings in iShares Select Dividend ETF were worth $194,000 as of its most recent filing with the SEC.
Other hedge funds and other institutional investors also recently bought and sold shares of the company. First American Bank acquired a new stake in iShares Select Dividend ETF during the 1st quarter valued at $201,000. Massmutual Trust Co. FSB ADV grew its holdings in shares of iShares Select Dividend ETF by 93.4% during the 4th quarter. Massmutual Trust Co. FSB ADV now owns 6,315 shares of the company’s stock valued at $564,000 after acquiring an additional 3,050 shares in the last quarter. Meritage Portfolio Management grew its holdings in shares of iShares Select Dividend ETF by 58.9% during the 4th quarter. Meritage Portfolio Management now owns 16,735 shares of the company’s stock valued at $1,495,000 after acquiring an additional 6,200 shares in the last quarter. Stone House Investment Management LLC purchased a new position in shares of iShares Select Dividend ETF during the 1st quarter valued at $57,000. Finally, Telemus Capital LLC grew its holdings in shares of iShares Select Dividend ETF by 15.7% during the 4th quarter. Telemus Capital LLC now owns 8,998 shares of the company’s stock valued at $804,000 after acquiring an additional 1,223 shares in the last quarter.
iShares Select Dividend ETF stock opened at $100.17 on Tuesday. iShares Select Dividend ETF has a 12 month low of $84.62 and a 12 month high of $102.54.
The business also recently declared a quarterly dividend, which was paid on Tuesday, March 26th. Stockholders of record on Thursday, March 21st were issued a dividend of $0.8712 per share. This is a boost from iShares Select Dividend ETF’s previous quarterly dividend of $0.75. This represents a $3.48 annualized dividend and a dividend yield of 3.48%. The ex-dividend date was Wednesday, March 20th.
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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.
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