TD Asset Management Inc. Boosts Holdings in iShares Select Dividend ETF (NASDAQ:DVY)

TD Asset Management Inc. grew its stake in iShares Select Dividend ETF (NASDAQ:DVY) by 110.4% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 47,750 shares of the company’s stock after purchasing an additional 25,050 shares during the period. TD Asset Management Inc.’s holdings in iShares Select Dividend ETF were worth $4,472,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in DVY. Albion Financial Group UT lifted its stake in shares of iShares Select Dividend ETF by 502.1% in the 3rd quarter. Albion Financial Group UT now owns 20,259 shares of the company’s stock valued at $1,897,000 after purchasing an additional 16,894 shares during the period. Stelac Advisory Services LLC lifted its stake in shares of iShares Select Dividend ETF by 5.4% in the 3rd quarter. Stelac Advisory Services LLC now owns 168,048 shares of the company’s stock valued at $15,738,000 after purchasing an additional 8,684 shares during the period. D.A. Davidson & CO. lifted its stake in shares of iShares Select Dividend ETF by 26.6% in the 3rd quarter. D.A. Davidson & CO. now owns 12,449 shares of the company’s stock valued at $1,165,000 after purchasing an additional 2,616 shares during the period. First Interstate Bank increased its position in shares of iShares Select Dividend ETF by 148.0% in the 3rd quarter. First Interstate Bank now owns 1,240 shares of the company’s stock valued at $116,000 after buying an additional 740 shares in the last quarter. Finally, Brighton Jones LLC bought a new stake in shares of iShares Select Dividend ETF in the 3rd quarter valued at $292,000.

Shares of iShares Select Dividend ETF (DVY) traded down $0.15 during midday trading on Friday, hitting $98.56. The stock had a trading volume of 346,603 shares, compared to its average volume of 614,615. The company has a market cap of $17,900.00, a PE ratio of 16.76 and a beta of 0.75. iShares Select Dividend ETF has a 12 month low of $88.03 and a 12 month high of $99.99.

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, December 26th. Shareholders of record on Wednesday, December 20th were given a dividend of $0.798 per share. The ex-dividend date of this dividend was Tuesday, December 19th. This is an increase from iShares Select Dividend ETF’s previous quarterly dividend of $0.73. This represents a $3.19 annualized dividend and a yield of 3.24%. iShares Select Dividend ETF’s dividend payout ratio (DPR) is 62.07%.

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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.

Institutional Ownership by Quarter for iShares Select Dividend ETF (NASDAQ:DVY)

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