iShares Select Dividend ETF (NASDAQ:DVY) Declares $1.05 Dividend

iShares Select Dividend ETF (NASDAQ:DVY) announced a dividend on Monday, March 17th, NASDAQ Dividends reports. Stockholders of record on Tuesday, March 18th will be given a dividend of 1.0495 per share on Friday, March 21st. The ex-dividend date is Tuesday, March 18th.

iShares Select Dividend ETF Stock Down 1.1 %

Shares of DVY traded down $1.54 during mid-day trading on Tuesday, hitting $132.97. The company had a trading volume of 344,279 shares, compared to its average volume of 440,617. The business’s 50-day simple moving average is $134.36 and its 200-day simple moving average is $135.10. The stock has a market cap of $19.64 billion, a PE ratio of 15.96 and a beta of 0.88. iShares Select Dividend ETF has a 1-year low of $115.43 and a 1-year high of $144.09.

Institutional Trading of iShares Select Dividend ETF

A hedge fund recently raised its stake in iShares Select Dividend ETF stock. Brighton Jones LLC increased its position in iShares Select Dividend ETF (NASDAQ:DVY) by 14.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 12,212 shares of the company’s stock after buying an additional 1,524 shares during the quarter. Brighton Jones LLC’s holdings in iShares Select Dividend ETF were worth $1,603,000 at the end of the most recent reporting period. 46.08% of the stock is currently owned by hedge funds and other institutional investors.

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.