SPC Financial Inc. Increases Holdings in iShares Select Dividend ETF (NASDAQ:DVY)

SPC Financial Inc. increased its holdings in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 0.5% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 44,596 shares of the company’s stock after purchasing an additional 202 shares during the quarter. SPC Financial Inc.’s holdings in iShares Select Dividend ETF were worth $5,395,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Addison Advisors LLC lifted its stake in iShares Select Dividend ETF by 107.1% in the 2nd quarter. Addison Advisors LLC now owns 232 shares of the company’s stock worth $28,000 after purchasing an additional 120 shares in the last quarter. 1620 Investment Advisors Inc. purchased a new stake in shares of iShares Select Dividend ETF in the second quarter worth about $30,000. ORG Partners LLC bought a new position in iShares Select Dividend ETF during the second quarter valued at approximately $32,000. Family Firm Inc. purchased a new position in iShares Select Dividend ETF during the 2nd quarter valued at approximately $36,000. Finally, Triad Wealth Partners LLC bought a new stake in iShares Select Dividend ETF in the 2nd quarter worth approximately $40,000. Institutional investors own 46.08% of the company’s stock.

iShares Select Dividend ETF Stock Performance

NASDAQ DVY opened at $135.07 on Tuesday. The stock has a 50 day moving average price of $131.06 and a 200-day moving average price of $125.00. iShares Select Dividend ETF has a one year low of $102.66 and a one year high of $136.36. The company has a market capitalization of $20.08 billion, a P/E ratio of 13.25 and a beta of 0.87.

iShares Select Dividend ETF Announces Dividend

The firm also recently disclosed a dividend, which was paid on Monday, September 30th. Shareholders of record on Wednesday, September 25th were paid a $1.5496 dividend. The ex-dividend date of this dividend was Wednesday, September 25th.

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.