Carson Advisory Inc. Takes $207,000 Position in iShares Select Dividend ETF (NASDAQ:DVY)

Carson Advisory Inc. acquired a new stake in iShares Select Dividend ETF (NASDAQ:DVY) during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund acquired 1,679 shares of the company’s stock, valued at approximately $207,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. GAMMA Investing LLC acquired a new position in iShares Select Dividend ETF during the 4th quarter worth approximately $27,000. Parkside Financial Bank & Trust lifted its position in iShares Select Dividend ETF by 91.2% during the 4th quarter. Parkside Financial Bank & Trust now owns 390 shares of the company’s stock worth $46,000 after acquiring an additional 186 shares in the last quarter. Richardson Financial Services Inc. acquired a new position in iShares Select Dividend ETF during the 4th quarter worth approximately $49,000. ZRC Wealth Management LLC lifted its position in iShares Select Dividend ETF by 154.7% during the 1st quarter. ZRC Wealth Management LLC now owns 456 shares of the company’s stock worth $55,000 after acquiring an additional 277 shares in the last quarter. Finally, Fortitude Family Office LLC acquired a new position in iShares Select Dividend ETF during the 4th quarter worth approximately $57,000. 46.08% of the stock is owned by institutional investors and hedge funds.

iShares Select Dividend ETF Price Performance

iShares Select Dividend ETF stock traded up $1.23 during midday trading on Wednesday, hitting $121.68. 361,548 shares of the company were exchanged, compared to its average volume of 509,084. The company’s fifty day moving average price is $122.05 and its 200-day moving average price is $119.29. The company has a market cap of $18.26 billion, a PE ratio of 13.25 and a beta of 0.87. iShares Select Dividend ETF has a fifty-two week low of $102.66 and a fifty-two week high of $125.99.

iShares Select Dividend ETF Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, June 17th. Shareholders of record on Tuesday, June 11th were issued 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 3.06%.

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.