iShares Select Dividend ETF Sees Unusually Large Options Volume (NASDAQ:DVY)

iShares Select Dividend ETF (NASDAQ:DVY) saw some unusual options trading on Thursday. Investors acquired 3,542 call options on the stock. This represents an increase of 614% compared to the typical volume of 496 call options.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the stock. Whittier Trust Co. of Nevada Inc. grew its position in shares of iShares Select Dividend ETF by 5.5% in the 2nd quarter. Whittier Trust Co. of Nevada Inc. now owns 9,662 shares of the company’s stock worth $1,169,000 after acquiring an additional 500 shares in the last quarter. Arkadios Wealth Advisors increased its stake in iShares Select Dividend ETF by 48.6% during the second quarter. Arkadios Wealth Advisors now owns 9,803 shares of the company’s stock valued at $1,186,000 after purchasing an additional 3,207 shares during the last quarter. Modera Wealth Management LLC lifted its position in shares of iShares Select Dividend ETF by 5.2% in the 2nd quarter. Modera Wealth Management LLC now owns 6,903 shares of the company’s stock worth $835,000 after buying an additional 341 shares during the last quarter. Argent Advisors Inc. boosted its holdings in shares of iShares Select Dividend ETF by 3.6% in the 2nd quarter. Argent Advisors Inc. now owns 30,670 shares of the company’s stock valued at $3,710,000 after buying an additional 1,070 shares during the period. Finally, Lee Danner & Bass Inc. bought a new stake in shares of iShares Select Dividend ETF during the 2nd quarter valued at about $397,000. 46.08% of the stock is currently owned by institutional investors.

iShares Select Dividend ETF Stock Down 0.5 %

Shares of NASDAQ DVY opened at $131.95 on Friday. The business has a 50 day moving average price of $136.99 and a two-hundred day moving average price of $131.58. iShares Select Dividend ETF has a fifty-two week low of $112.42 and a fifty-two week high of $144.09. The firm has a market cap of $19.66 billion, a PE ratio of 13.25 and a beta of 0.87.

iShares Select Dividend ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Friday, December 20th. Investors of record on Tuesday, December 17th were paid a $1.3164 dividend. The ex-dividend date was Tuesday, December 17th.

About iShares Select Dividend ETF

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.