Concourse Financial Group Securities Inc. Has $2.38 Million Stake in iShares Select Dividend ETF (NASDAQ:DVY)

Concourse Financial Group Securities Inc. lifted its holdings in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 1.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 20,305 shares of the company’s stock after purchasing an additional 355 shares during the quarter. Concourse Financial Group Securities Inc.’s holdings in iShares Select Dividend ETF were worth $2,380,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Signaturefd LLC boosted its position in shares of iShares Select Dividend ETF by 30.0% during the third quarter. Signaturefd LLC now owns 1,864 shares of the company’s stock worth $201,000 after buying an additional 430 shares during the period. TIAA Trust National Association grew its stake in shares of iShares Select Dividend ETF by 4.7% during 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 holdings in shares of iShares Select Dividend ETF by 14.2% in the third quarter. JFS Wealth Advisors LLC now owns 24,829 shares of the company’s stock valued at $2,673,000 after purchasing an additional 3,078 shares during the last quarter. Park Place Capital Corp lifted its position in shares of iShares Select Dividend ETF by 1.6% in the fourth quarter. Park Place Capital Corp now owns 8,397 shares of the company’s stock worth $984,000 after purchasing an additional 129 shares in the last quarter. Finally, Ledge Wealth Management Inc. acquired a new position in iShares Select Dividend ETF during the fourth quarter worth $202,000. Institutional investors own 46.08% of the company’s stock.

iShares Select Dividend ETF Stock Performance

iShares Select Dividend ETF stock traded up $1.14 during mid-day trading on Thursday, reaching $124.04. The company’s stock had a trading volume of 521,819 shares, compared to its average volume of 553,310. The business’s 50 day simple moving average is $120.11 and its 200 day simple moving average is $115.73. iShares Select Dividend ETF has a 12 month low of $102.66 and a 12 month high of $124.06. The company has a market capitalization of $18.85 billion, a price-to-earnings ratio of 13.25 and a beta of 0.87.

iShares Select Dividend ETF Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, March 27th. Investors of record on Friday, March 22nd were given a $0.9976 dividend. This represents a $3.99 dividend on an annualized basis and a dividend yield of 3.22%. 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.