2,259 Shares in iShares Select Dividend ETF (NASDAQ:DVY) Acquired by United Advisor Group LLC

United Advisor Group LLC bought a new stake in iShares Select Dividend ETF (NASDAQ:DVY) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 2,259 shares of the company’s stock, valued at approximately $305,000.

Several other institutional investors have also modified their holdings of the stock. Addison Advisors LLC raised its holdings in shares of iShares Select Dividend ETF by 107.1% in the 2nd quarter. Addison Advisors LLC now owns 232 shares of the company’s stock valued at $28,000 after buying an additional 120 shares during the period. 1620 Investment Advisors Inc. acquired a new stake in iShares Select Dividend ETF in the second quarter valued at approximately $30,000. ORG Partners LLC acquired a new position in iShares Select Dividend ETF during the 2nd quarter worth approximately $32,000. ORG Wealth Partners LLC purchased a new stake in shares of iShares Select Dividend ETF during the 3rd quarter worth $36,000. Finally, Family Firm Inc. acquired a new position in shares of iShares Select Dividend ETF during the second quarter worth $36,000. Hedge funds and other institutional investors own 46.08% of the company’s stock.

iShares Select Dividend ETF Stock Performance

NASDAQ:DVY opened at $138.43 on Thursday. iShares Select Dividend ETF has a 1 year low of $105.58 and a 1 year high of $138.70. The stock has a market cap of $20.63 billion, a P/E ratio of 13.25 and a beta of 0.87. The stock has a 50-day simple moving average of $134.28 and a 200-day simple moving average of $127.72.

iShares Select Dividend ETF Dividend Announcement

The business also recently announced a dividend, which was paid on Monday, September 30th. Investors of record on Wednesday, September 25th were given a $1.5496 dividend. The ex-dividend date was Wednesday, September 25th.

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.