Gentry Private Wealth LLC Purchases New Holdings in iShares Select Dividend ETF (NASDAQ:DVY)

Gentry Private Wealth LLC acquired a new position in iShares Select Dividend ETF (NASDAQ:DVY) in the second quarter, Holdings Channel.com reports. The institutional investor acquired 7,941 shares of the company’s stock, valued at approximately $961,000. iShares Select Dividend ETF comprises 0.8% of Gentry Private Wealth LLC’s holdings, making the stock its 16th largest holding.

A number of other hedge funds also recently modified their holdings of DVY. Savant Capital LLC lifted its holdings in shares of iShares Select Dividend ETF by 12.5% during the 2nd quarter. Savant Capital LLC now owns 10,200 shares of the company’s stock worth $1,234,000 after acquiring an additional 1,130 shares during the period. Private Advisor Group LLC raised its position in iShares Select Dividend ETF by 1.0% in the second quarter. Private Advisor Group LLC now owns 192,732 shares of the company’s stock worth $23,295,000 after purchasing an additional 1,954 shares in the last quarter. Addison Advisors LLC lifted its stake in iShares Select Dividend ETF by 107.1% during the second quarter. Addison Advisors LLC now owns 232 shares of the company’s stock worth $28,000 after purchasing an additional 120 shares during the period. Farmers & Merchants Investments Inc. boosted its holdings in iShares Select Dividend ETF by 3,331.3% during the second quarter. Farmers & Merchants Investments Inc. now owns 3,294 shares of the company’s stock valued at $399,000 after purchasing an additional 3,198 shares in the last quarter. Finally, Sterling Investment Advisors Ltd. grew its stake in shares of iShares Select Dividend ETF by 1.2% in the 2nd quarter. Sterling Investment Advisors Ltd. now owns 67,463 shares of the company’s stock valued at $8,162,000 after purchasing an additional 802 shares during the period. Institutional investors own 46.08% of the company’s stock.

iShares Select Dividend ETF Trading Down 1.1 %

Shares of DVY opened at $131.21 on Friday. The stock has a market cap of $19.50 billion, a PE ratio of 13.25 and a beta of 0.87. iShares Select Dividend ETF has a 1 year low of $102.66 and a 1 year high of $134.39. The stock has a 50 day simple moving average of $127.66 and a 200-day simple moving average of $123.06.

iShares Select Dividend ETF Dividend Announcement

The business also recently disclosed 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 was Tuesday, June 11th. This represents a $3.72 annualized dividend and a yield of 2.84%.

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.