iShares Select Dividend ETF Announces Dividend of $1.05 (NASDAQ:DVY)

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 paid a dividend of 1.0495 per share on Friday, March 21st. The ex-dividend date is Tuesday, March 18th.

iShares Select Dividend ETF Trading Down 1.1 %

Shares of DVY stock opened at $132.97 on Wednesday. iShares Select Dividend ETF has a 1 year low of $115.43 and a 1 year high of $144.09. The firm’s fifty day simple moving average is $134.40 and its 200 day simple moving average is $135.09. The firm has a market capitalization of $19.64 billion, a P/E ratio of 15.96 and a beta of 0.88.

Hedge Funds Weigh In On iShares Select Dividend ETF

An institutional investor recently raised its position in iShares Select Dividend ETF stock. Brighton Jones LLC increased its stake in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 14.3% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 12,212 shares of the company’s stock after acquiring 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 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.