Welch Group LLC Raises Holdings in iShares Select Dividend ETF $DVY

Welch Group LLC lifted its stake in iShares Select Dividend ETF (NASDAQ:DVY – Free Report) by 36.8% in the 2nd quarter, HoldingsChannel.com reports. The firm owned 4,459 shares of the company’s stock after acquiring an additional 1,200 shares during the period. Welch Group LLC’s holdings in iShares Select Dividend ETF were worth $592,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently bought and sold shares of the stock. Almanack Investment Partners LLC. acquired a new position in iShares Select Dividend ETF during the 2nd quarter valued at approximately $915,000. GW Henssler & Associates Ltd. grew its holdings in shares of iShares Select Dividend ETF by 4.0% during the second quarter. GW Henssler & Associates Ltd. now owns 121,224 shares of the company’s stock valued at $16,100,000 after buying an additional 4,718 shares during the last quarter. CWM LLC grew its holdings in shares of iShares Select Dividend ETF by 9.0% during the second quarter. CWM LLC now owns 51,959 shares of the company’s stock valued at $6,901,000 after buying an additional 4,279 shares during the last quarter. JFS Wealth Advisors LLC increased its position in shares of iShares Select Dividend ETF by 1.7% in the 2nd quarter. JFS Wealth Advisors LLC now owns 23,353 shares of the company’s stock valued at $3,101,000 after acquiring an additional 380 shares during the period. Finally, First Fiduciary Investment Counsel Inc. purchased a new position in iShares Select Dividend ETF in the 2nd quarter worth $381,000. Hedge funds and other institutional investors own 46.08% of the company’s stock.

iShares Select Dividend ETF Stock Performance

Shares of DVY opened at $138.16 on Monday. The stock has a 50-day moving average of $140.19 and a two-hundred day moving average of $134.27. The stock has a market cap of $20.32 billion, a P/E ratio of 13.69 and a beta of 0.87. iShares Select Dividend ETF has a one year low of $115.94 and a one year high of $144.09.

iShares Select Dividend ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, September 19th. Investors of record on Tuesday, September 16th were given a $1.2465 dividend. This is an increase from iShares Select Dividend ETF’s previous quarterly dividend of $1.23. This represents a $4.99 dividend on an annualized basis and a yield of 3.6%. The ex-dividend date was Tuesday, September 16th.

iShares Select Dividend ETF Company Profile

(Free Report)

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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