Taylor Financial Group Inc. Grows Holdings in iShares Select Dividend ETF (NASDAQ:DVY)

Taylor Financial Group Inc. increased its holdings in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 8.3% during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 18,854 shares of the company’s stock after acquiring an additional 1,439 shares during the period. iShares Select Dividend ETF makes up about 1.8% of Taylor Financial Group Inc.’s portfolio, making the stock its 11th largest holding. Taylor Financial Group Inc.’s holdings in iShares Select Dividend ETF were worth $2,281,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Jane Street Group LLC boosted its stake in shares of iShares Select Dividend ETF by 1,872.8% in the first quarter. Jane Street Group LLC now owns 617,469 shares of the company’s stock worth $76,060,000 after acquiring an additional 586,170 shares during the last quarter. Miller Howard Investments Inc. NY raised its position in shares of iShares Select Dividend ETF by 400.3% in the second quarter. Miller Howard Investments Inc. NY now owns 315,140 shares of the company’s stock valued at $38,126,000 after buying an additional 252,150 shares during the last quarter. Fifth Third Wealth Advisors LLC lifted its stake in shares of iShares Select Dividend ETF by 728.9% in the first quarter. Fifth Third Wealth Advisors LLC now owns 73,108 shares of the company’s stock worth $9,005,000 after buying an additional 64,288 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its position in iShares Select Dividend ETF by 34.4% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 230,083 shares of the company’s stock worth $26,970,000 after acquiring an additional 58,877 shares during the last quarter. Finally, Stifel Financial Corp grew its stake in iShares Select Dividend ETF by 20.0% during the 4th quarter. Stifel Financial Corp now owns 321,861 shares of the company’s stock valued at $37,729,000 after acquiring an additional 53,718 shares in the last quarter. Hedge funds and other institutional investors own 46.08% of the company’s stock.

iShares Select Dividend ETF Trading Up 0.8 %

DVY stock traded up $1.12 during midday trading on Friday, hitting $134.07. 290,182 shares of the company’s stock were exchanged, compared to its average volume of 487,168. The business has a 50-day simple moving average of $126.47 and a two-hundred day simple moving average of $122.43. The stock has a market capitalization of $19.93 billion, a PE ratio of 13.25 and a beta of 0.87. iShares Select Dividend ETF has a 1-year low of $102.66 and a 1-year high of $134.13.

iShares Select Dividend ETF Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, June 17th. Shareholders of record on Tuesday, June 11th were paid a $0.9304 dividend. This represents a $3.72 dividend on an annualized basis and a yield of 2.78%. The ex-dividend date of this dividend was Tuesday, June 11th.

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.