S&P 500   5,123.41
DOW   37,983.24
QQQ   438.27
Divisive? Not for moviegoers. ‘Civil War’ declares victory at box office.
Israel is quiet on next steps against Iran — and on which partners helped shoot down missiles
Can homeless people be fined for sleeping outside? A rural Oregon city asks the US Supreme Court
Germany's Scholz arrives in China on a visit marked by trade tensions and Ukraine conflict
India's Modi vows to boost social spending, make country into a manufacturing hub ahead of election
Native American-led nonprofit says it bought 40 acres in the Black Hills of South Dakota
S&P 500   5,123.41
DOW   37,983.24
QQQ   438.27
Divisive? Not for moviegoers. ‘Civil War’ declares victory at box office.
Israel is quiet on next steps against Iran — and on which partners helped shoot down missiles
Can homeless people be fined for sleeping outside? A rural Oregon city asks the US Supreme Court
Germany's Scholz arrives in China on a visit marked by trade tensions and Ukraine conflict
India's Modi vows to boost social spending, make country into a manufacturing hub ahead of election
Native American-led nonprofit says it bought 40 acres in the Black Hills of South Dakota
S&P 500   5,123.41
DOW   37,983.24
QQQ   438.27
Divisive? Not for moviegoers. ‘Civil War’ declares victory at box office.
Israel is quiet on next steps against Iran — and on which partners helped shoot down missiles
Can homeless people be fined for sleeping outside? A rural Oregon city asks the US Supreme Court
Germany's Scholz arrives in China on a visit marked by trade tensions and Ukraine conflict
India's Modi vows to boost social spending, make country into a manufacturing hub ahead of election
Native American-led nonprofit says it bought 40 acres in the Black Hills of South Dakota
S&P 500   5,123.41
DOW   37,983.24
QQQ   438.27
Divisive? Not for moviegoers. ‘Civil War’ declares victory at box office.
Israel is quiet on next steps against Iran — and on which partners helped shoot down missiles
Can homeless people be fined for sleeping outside? A rural Oregon city asks the US Supreme Court
Germany's Scholz arrives in China on a visit marked by trade tensions and Ukraine conflict
India's Modi vows to boost social spending, make country into a manufacturing hub ahead of election
Native American-led nonprofit says it bought 40 acres in the Black Hills of South Dakota
NASDAQ:DVY

iShares Select Dividend ETF (DVY) Price, Holdings, & News

$117.54
-1.50 (-1.26%)
(As of 04/12/2024 ET)
Today's Range
$117.24
$119.02
50-Day Range
$113.31
$123.18
52-Week Range
$102.66
$123.43
Volume
402,496 shs
Average Volume
573,172 shs
Market Capitalization
$18.05 billion
Assets Under Management
$18.00 billion
Dividend Yield
3.79%
Net Expense Ratio
0.38%
DVY stock logo

About iShares Select Dividend ETF (NASDAQ:DVY)

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. The Index consists of 100 of the highest dividend-yielding securities (excluding real estate investment trusts (REITs) in the Dow Jones U.S. Index, a broad-based index representative of the total market for the United States equity securities. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index. The Fund’s investment advisor is BlackRock Fund Advisors, an indirect subsidiary of BlackRock, Inc.

DVY Stock Price History

DVY ETF News Headlines

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iShares Select Dividend ETF
Bitcoin Rockets To Record High But Buy THIS Instead
Recently, Bitcoin smashed through its previous record high to hit $72,720. It’s made many, many people very rich. But one cryptocurrency expert and investing millionaire is declaring…
DVY: Higher Income, Less Volatility
See More Headlines
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Fund Details

Issuer
iShares
Fund Name
iShares Select Dividend ETF
Tax Classification
Regulated Investment Company
Current Symbol
NASDAQ:DVY
Inception Date
11/3/2003
Fund Manager
Diane Hsiung, Jennifer Hsui, Greg Savage, Alan Mason
Previous Symbol
NYSEARCA:DVY

Fund Focus

Asset Class
Equity
Benchmark
Dow Jones U.S. Select Dividend IndexSM
Category
Strategy
Focus
High Dividend Yield
Development Level
Developed Markets
Region
North America
Number of Holdings
105

Fund Statistics

Assets Under Management
$18.00 billion
Average Daily Volume
$604,615.00
Discount/Premium
-0.01%

Administrator, Advisor and Custodian

Administrator
The Bank of New York Mellon Corporation
Advisor
BlackRock Fund Advisors
Custodian
The Bank of New York Mellon Corporation
Distributor
BlackRock Investments, LLC
Transfer Agent
The Bank of New York Mellon Corporation
Trustee
N/A
Lead Market Maker
Virtu Financial

Options

Optionable
Optionable
Options Volume
452
Put Options
55
Call Options
397
Short Interest
1,260,000 shs

Miscellaneous

Beta
0.87
Creation Unit
50,000
Creation Fee
$272.00
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iShares Select Dividend ETF Expenses

TypeDVYHigh Dividend Yield ETFsEquity ETFsNASDAQ ETFsAll ETFs
Management Fee0.38%0.45%0.54%0.48%0.51%
Other Expenses0.00%0.26%0.54%0.34%0.58%
Total Expense0.38%0.53%0.70%0.58%0.70%
Fee Waiver0.00%-0.21%-0.55%-0.22%-0.57%
Net Expense0.38%0.51%0.60%0.54%0.58%

iShares Select Dividend ETF (DVY) Holdings & Exposure

DVY Sector Exposure

DVY Industry Exposure

Key Executives

  • George G. C. Parker Ph.D. (Age 78)
    Independent Chairman of the Board of Trustees
  • Michael Arthur Latham (Age 51)
    President, Trustee
  • Jack Gee (Age 57)
    Chief Financial Officer, Treasurer
  • Geoffrey D. Flynn
    Chief Operating Officer, Executive Vice President
  • Amy Schioldager (Age 56)
    Executive Vice President
  • Ira P. Shapiro (Age 52)
    Vice President, Chief Legal Officer
  • Matt Tucker
    Vice President
  • Eilleen M. Clavere (Age 61)
    Secretary
  • Cecilia H. Herbert (Age 68)
    Independent Trustee
  • Charles A. Hurty (Age 73)
    Independent Trustee

Should I Buy iShares Select Dividend ETF Stock? DVY Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in iShares Select Dividend ETF:

  • The iShares Select Dividend ETF provides exposure to a selected group of equity securities that have consistently offered high dividend yields over time, potentially leading to stable income for investors.
  • Investing in this ETF can be a way to gain diversified exposure to companies with strong dividend histories, which may be appealing for investors seeking income generation.
  • With a focus on high dividend-yielding securities, the ETF may offer a source of passive income for investors looking for regular dividend payments.
  • By tracking the Dow Jones U.S. Select Dividend Index, the ETF aims to mirror the performance of companies known for their dividend consistency, providing a level of stability in uncertain market conditions.
  • Considering the current stock price and historical dividend performance of the ETF's underlying securities can help investors assess the potential for capital appreciation and income generation.

Cons

Investors should be bearish about investing in iShares Select Dividend ETF for these reasons:

  • While the ETF focuses on high dividend-yielding securities, it may be more sensitive to interest rate changes, potentially impacting its performance in a rising rate environment.
  • Investors should be aware that dividend payments are not guaranteed and may fluctuate based on the financial performance of the underlying companies, leading to variability in income generation.
  • As with any investment in equities, there is inherent market risk involved, and the value of the ETF can fluctuate based on market conditions and economic factors.
  • Investors should consider the expense ratio of the ETF, which can impact overall returns, especially in comparison to other investment options with lower fees.
  • It's important for investors to conduct thorough research on the ETF's holdings, performance history, and investment strategy to ensure alignment with their financial goals and risk tolerance.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Tuesday, April 9, 2024. Please send any questions or comments about these iShares Select Dividend ETF pros and cons to contact@marketbeat.com.

DVY ETF - Frequently Asked Questions

How have DVY shares performed in 2024?

iShares Select Dividend ETF's stock was trading at $117.22 at the beginning of 2024. Since then, DVY shares have increased by 0.3% and is now trading at $117.54.
View the best growth stocks for 2024 here
.

Are investors shorting iShares Select Dividend ETF?

iShares Select Dividend ETF saw a increase in short interest in March. As of March 31st, there was short interest totaling 1,260,000 shares, an increase of 99.2% from the March 15th total of 632,500 shares. Based on an average daily volume of 572,300 shares, the days-to-cover ratio is currently 2.2 days.
View iShares Select Dividend ETF's Short Interest
.

How often does iShares Select Dividend ETF pay dividends? What is the dividend yield for iShares Select Dividend ETF?

iShares Select Dividend ETF declared a quarterly dividend on Wednesday, March 20th. Shareholders of record on Friday, March 22nd will be paid a dividend of $0.9976 per share on Wednesday, March 27th. This represents a $3.99 annualized dividend and a yield of 3.39%. The ex-dividend date is Thursday, March 21st.
Read our dividend analysis for DVY
.

What does DVY invest in?

iShares Select Dividend ETF is a equity fund issued by iShares. DVY focuses on high dividend yield investments and follows the Dow Jones U.S. Select Dividend IndexSM. The fund's investments total to approximately $18.00 billion assets under management.

What is the management fee for iShares Select Dividend ETF?

iShares Select Dividend ETF's management fee is 0.38% and has no other recorded expenses or fee waivers. The net expense ratio for DVY is 0.38%.

What other stocks do shareholders of iShares Select Dividend ETF own?

Based on aggregate information from My MarketBeat watchlists, some companies that other iShares Select Dividend ETF investors own include AT&T (T), Johnson & Johnson (JNJ), JPMorgan Chase & Co. (JPM), Coca-Cola (KO), CVS Health (CVS), Home Depot (HD), Verizon Communications (VZ), AbbVie (ABBV), Pfizer (PFE) and Amgen (AMGN).

Who are iShares Select Dividend ETF's major shareholders?

iShares Select Dividend ETF's stock is owned by many different institutional and retail investors. Top institutional shareholders include Lbmc Investment Advisors LLC (0.15%), SOA Wealth Advisors LLC. (0.06%), Miller Howard Investments Inc. NY (0.04%), &PARTNERS (0.04%), Mechanics Bank Trust Department (0.03%) and Fermata Advisors LLC (0.03%).

How do I buy shares of iShares Select Dividend ETF?

Shares of DVY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:DVY) was last updated on 4/14/2024 by MarketBeat.com Staff

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