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NASDAQ:DVY

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

$120.62
-0.07 (-0.06%)
(As of 06/21/2024 ET)
Today's Range
$120.29
$121.01
50-Day Range
$115.73
$125.75
52-Week Range
$102.66
$125.99
Volume
400,052 shs
Average Volume
526,526 shs
Market Capitalization
$18.33 billion
Assets Under Management
$18.13 billion
Dividend Yield
3.80%
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

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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
$18.13 billion
Average Daily Volume
$442,851.90
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
13,320
Put Options
25
Call Options
13,295
Short Interest
608,800 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%0.47%0.51%
Other Expenses0.00%0.27%0.50%0.39%0.54%
Total Expense0.38%0.54%0.70%0.60%0.71%
Fee Waiver0.00%-0.28%-0.55%-0.32%-0.60%
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:

  • Provides exposure to a diversified portfolio of high-dividend-yielding stocks.
  • Offers a convenient way to access dividend-paying companies without the need to select individual stocks.
  • May provide a steady income stream for investors seeking regular dividends.
  • Historically, dividend-paying stocks have shown resilience during market downturns.
  • Current stock price is attractive compared to dividend yield, potentially offering value for income-oriented investors.

Cons

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

  • Dividend yields can fluctuate based on market conditions and company performance, impacting overall returns.
  • High dividend yields may sometimes indicate financial distress in the underlying companies.
  • ETF expenses, including management fees, can erode overall returns over time.
  • Market interest rate changes can affect the attractiveness of dividend-paying stocks.
  • Performance of dividend-focused ETFs can be influenced by sector-specific risks and economic cycles.
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 Sunday, June 2, 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 2.9% and is now trading at $120.62.
View the best growth stocks for 2024 here
.

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

iShares Select Dividend ETF announced a quarterly dividend on Monday, June 10th. Shareholders of record on Tuesday, June 11th will be given a dividend of $0.9304 per share on Monday, June 17th. This represents a $3.72 annualized dividend and a yield of 3.09%. The ex-dividend date is Tuesday, June 11th.
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 $18.13 billion assets under management.

What stocks does iShares Select Dividend ETF hold?
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 retail and institutional investors. Top institutional investors include Bank of New York Mellon Corp (1.37%), US Bancorp DE (0.86%), Raymond James Financial Services Advisors Inc. (0.50%), Commonwealth Equity Services LLC (0.42%), Jane Street Group LLC (0.41%) and Raymond James & Associates (0.38%).

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 6/22/2024 by MarketBeat.com Staff

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