Valeo Financial Advisors LLC Has $2.51 Million Holdings in iShares Select Dividend ETF (NASDAQ:DVY)

Valeo Financial Advisors LLC raised its position in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 2.9% in the first quarter, according to its most recent filing with the SEC. The firm owned 20,407 shares of the company’s stock after purchasing an additional 572 shares during the quarter. Valeo Financial Advisors LLC’s holdings in iShares Select Dividend ETF were worth $2,514,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the company. Trexquant Investment LP boosted its holdings in shares of iShares Select Dividend ETF by 156.8% during the 3rd quarter. Trexquant Investment LP now owns 7,838 shares of the company’s stock worth $844,000 after buying an additional 4,786 shares in the last quarter. Axxcess Wealth Management LLC acquired a new stake in shares of iShares Select Dividend ETF in the 3rd quarter worth about $815,000. Lido Advisors LLC lifted its position in iShares Select Dividend ETF by 17.9% in the 3rd quarter. Lido Advisors LLC now owns 73,386 shares of the company’s stock valued at $7,899,000 after acquiring an additional 11,125 shares in the last quarter. Legacy Advisors LLC acquired a new position in iShares Select Dividend ETF during the 3rd quarter valued at about $207,000. Finally, KPP Advisory Services LLC acquired a new position in iShares Select Dividend ETF during the 3rd quarter valued at about $212,000. Institutional investors and hedge funds own 46.08% of the company’s stock.

iShares Select Dividend ETF Stock Down 0.2 %

Shares of iShares Select Dividend ETF stock opened at $120.55 on Thursday. iShares Select Dividend ETF has a 52 week low of $102.66 and a 52 week high of $125.99. The business has a 50 day moving average price of $122.00 and a 200-day moving average price of $119.15. The company has a market cap of $18.32 billion, a PE ratio of 13.25 and a beta of 0.87.

iShares Select Dividend ETF Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, June 17th. Investors of record on Tuesday, June 11th were given 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 dividend yield of 3.09%.

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.