Mine & Arao Wealth Creation & Management LLC. Has $3.61 Million Holdings in iShares Select Dividend ETF (NASDAQ:DVY)

Mine & Arao Wealth Creation & Management LLC. lifted its position in iShares Select Dividend ETF (NASDAQ:DVY) by 1.8% in the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 30,792 shares of the company’s stock after acquiring an additional 545 shares during the period. iShares Select Dividend ETF accounts for about 2.0% of Mine & Arao Wealth Creation & Management LLC.’s investment portfolio, making the stock its 8th largest holding. Mine & Arao Wealth Creation & Management LLC.’s holdings in iShares Select Dividend ETF were worth $3,609,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Signaturefd LLC raised its position in shares of iShares Select Dividend ETF by 30.0% in the 3rd quarter. Signaturefd LLC now owns 1,864 shares of the company’s stock worth $201,000 after acquiring an additional 430 shares in the last quarter. TIAA Trust National Association raised its position in shares of iShares Select Dividend ETF by 4.7% in the 4th quarter. TIAA Trust National Association now owns 9,725 shares of the company’s stock worth $1,140,000 after acquiring an additional 437 shares in the last quarter. JFS Wealth Advisors LLC raised its position in shares of iShares Select Dividend ETF by 14.2% in the 3rd quarter. JFS Wealth Advisors LLC now owns 24,829 shares of the company’s stock worth $2,673,000 after acquiring an additional 3,078 shares in the last quarter. Park Place Capital Corp raised its position in shares of iShares Select Dividend ETF by 1.6% in the 4th quarter. Park Place Capital Corp now owns 8,397 shares of the company’s stock worth $984,000 after acquiring an additional 129 shares in the last quarter. Finally, Ledge Wealth Management Inc. bought a new position in iShares Select Dividend ETF during the 4th quarter valued at approximately $202,000. Institutional investors own 46.08% of the company’s stock.

iShares Select Dividend ETF Price Performance

DVY stock traded up $0.59 on Wednesday, reaching $119.99. 211,572 shares of the company traded hands, compared to its average volume of 564,772. iShares Select Dividend ETF has a one year low of $102.66 and a one year high of $123.43. The company has a market cap of $18.24 billion, a P/E ratio of 12.98 and a beta of 0.87. The firm has a fifty day simple moving average of $119.30 and a 200-day simple moving average of $115.12.

iShares Select Dividend ETF Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, March 27th. Investors of record on Friday, March 22nd were given a dividend of $0.9976 per share. This represents a $3.99 dividend on an annualized basis and a yield of 3.33%. The ex-dividend date of this dividend was Thursday, March 21st.

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.