iShares Select Dividend ETF (NASDAQ:DVY) Shares Acquired by Park Avenue Securities LLC

Park Avenue Securities LLC boosted its holdings in iShares Select Dividend ETF (NASDAQ:DVY) by 51.6% during the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 8,617 shares of the company’s stock after acquiring an additional 2,934 shares during the period. Park Avenue Securities LLC’s holdings in iShares Select Dividend ETF were worth $1,164,000 at the end of the most recent reporting period.

Other hedge funds also recently added to or reduced their stakes in the company. Addison Advisors LLC raised its position in iShares Select Dividend ETF by 107.1% in the second quarter. Addison Advisors LLC now owns 232 shares of the company’s stock valued at $28,000 after purchasing an additional 120 shares during the period. 1620 Investment Advisors Inc. acquired a new stake in shares of iShares Select Dividend ETF in the second quarter valued at $30,000. ORG Partners LLC purchased a new stake in shares of iShares Select Dividend ETF in the 2nd quarter valued at $32,000. Family Firm Inc. purchased a new position in iShares Select Dividend ETF during the 2nd quarter valued at about $36,000. Finally, M&R Capital Management Inc. grew its position in iShares Select Dividend ETF by 1,455.0% in the 3rd quarter. M&R Capital Management Inc. now owns 311 shares of the company’s stock valued at $42,000 after acquiring an additional 291 shares in the last quarter. 46.08% of the stock is currently owned by hedge funds and other institutional investors.

iShares Select Dividend ETF Stock Performance

Shares of DVY opened at $132.81 on Wednesday. The company’s 50-day simple moving average is $131.61 and its 200-day simple moving average is $125.48. iShares Select Dividend ETF has a 1 year low of $102.66 and a 1 year high of $136.36. The stock has a market capitalization of $19.86 billion, a PE ratio of 13.25 and a beta of 0.87.

iShares Select Dividend ETF Dividend Announcement

The firm also recently announced a dividend, which was paid on Monday, September 30th. Shareholders of record on Wednesday, September 25th were issued a dividend of $1.5496 per share. 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.