iShares International Select Dividend ETF (BATS:IDV) Sets New 12-Month Low – Here’s Why

iShares International Select Dividend ETF (BATS:IDV) shares reached a new 52-week low on Monday . The stock traded as low as $29.55 and last traded at $29.74, with a volume of 335781 shares changing hands. The stock had previously closed at $29.57.

iShares International Select Dividend ETF Price Performance

The firm has a market cap of $4.35 billion, a PE ratio of 5.44 and a beta of 0.74. The business’s fifty day moving average is $29.48 and its 200-day moving average is $28.82.

Institutional Investors Weigh In On iShares International Select Dividend ETF

Several hedge funds and other institutional investors have recently modified their holdings of IDV. First Command Advisory Services Inc. increased its holdings in shares of iShares International Select Dividend ETF by 13.9% in the 2nd quarter. First Command Advisory Services Inc. now owns 5,475 shares of the company’s stock worth $151,000 after buying an additional 670 shares during the last quarter. Burke & Herbert Bank & Trust Co. bought a new stake in iShares International Select Dividend ETF during the second quarter worth about $232,000. Valeo Financial Advisors LLC boosted its holdings in shares of iShares International Select Dividend ETF by 3.7% in the 3rd quarter. Valeo Financial Advisors LLC now owns 10,007 shares of the company’s stock worth $303,000 after purchasing an additional 360 shares in the last quarter. Farther Finance Advisors LLC boosted its holdings in shares of iShares International Select Dividend ETF by 99.6% in the 2nd quarter. Farther Finance Advisors LLC now owns 11,183 shares of the company’s stock worth $312,000 after purchasing an additional 5,580 shares in the last quarter. Finally, Moloney Securities Asset Management LLC raised its holdings in shares of iShares International Select Dividend ETF by 3.7% during the 2nd quarter. Moloney Securities Asset Management LLC now owns 11,358 shares of the company’s stock valued at $314,000 after buying an additional 410 shares in the last quarter.

iShares International Select Dividend ETF Company Profile

iShares International Select Dividend ETF, formerly iShares Dow Jones International Select Dividend Index Fund, seeks investment results that correspond to the price and yield performance of the Dow Jones EPAC 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.