Kwmg LLC Buys 2,906 Shares of iShares Select Dividend ETF (NASDAQ:DVY)

Kwmg LLC increased its position in iShares Select Dividend ETF (NASDAQ:DVY) by 3.1% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 95,511 shares of the company’s stock after purchasing an additional 2,906 shares during the period. iShares Select Dividend ETF makes up approximately 1.3% of Kwmg LLC’s holdings, making the stock its 24th biggest position. Kwmg LLC’s holdings in iShares Select Dividend ETF were worth $11,765,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Royal Bank of Canada increased its holdings in iShares Select Dividend ETF by 2.6% in the 3rd quarter. Royal Bank of Canada now owns 2,579,311 shares of the company’s stock worth $277,635,000 after acquiring an additional 64,326 shares in the last quarter. International Assets Investment Management LLC boosted its position in shares of iShares Select Dividend ETF by 12,638.3% during the fourth quarter. International Assets Investment Management LLC now owns 2,407,409 shares of the company’s stock valued at $282,196,000 after buying an additional 2,388,510 shares during the period. Truist Financial Corp boosted its holdings in iShares Select Dividend ETF by 5.9% during the 4th quarter. Truist Financial Corp now owns 1,505,448 shares of the company’s stock valued at $176,469,000 after acquiring an additional 84,251 shares during the period. Comerica Bank bought a new stake in shares of iShares Select Dividend ETF during the third quarter worth $61,160,000. Finally, Miller Howard Investments Inc. NY lifted its holdings in iShares Select Dividend ETF by 110.0% during the 4th quarter. Miller Howard Investments Inc. NY now owns 403,081 shares of the company’s stock valued at $47,249,000 after buying an additional 211,112 shares in the last quarter. 46.08% of the stock is owned by hedge funds and other institutional investors.

iShares Select Dividend ETF Stock Down 0.4 %

Shares of NASDAQ DVY traded down $0.53 during midday trading on Wednesday, reaching $120.46. 254,473 shares of the company’s stock traded hands, compared to its average volume of 520,642. iShares Select Dividend ETF has a one year low of $102.66 and a one year high of $125.99. The stock’s 50 day simple moving average is $121.78 and its 200-day simple moving average is $119.01. The company has a market cap of $18.30 billion, a price-to-earnings ratio of 13.25 and a beta of 0.87.

iShares Select Dividend ETF Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, June 17th. Shareholders of record on Tuesday, June 11th were paid a dividend of $0.9304 per share. The ex-dividend date of this dividend was Tuesday, June 11th. This represents a $3.72 annualized dividend and a yield of 3.09%.

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.