Thrivent Financial for Lutherans Increases Holdings in iShares Select Dividend ETF (NASDAQ:DVY)

Thrivent Financial for Lutherans boosted its position in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 48.0% during the 3rd quarter, according to its most recent 13F filing with the SEC. The fund owned 34,012 shares of the company’s stock after purchasing an additional 11,032 shares during the quarter. Thrivent Financial for Lutherans’ holdings in iShares Select Dividend ETF were worth $4,594,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. Addison Advisors LLC grew its stake in shares of iShares Select Dividend ETF by 107.1% during the 2nd 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. bought a new stake in shares of iShares Select Dividend ETF during the 2nd quarter valued at $30,000. ORG Partners LLC bought a new stake in iShares Select Dividend ETF during the second quarter valued at about $32,000. Family Firm Inc. purchased a new stake in iShares Select Dividend ETF in the second quarter worth about $36,000. Finally, ORG Wealth Partners LLC bought a new position in shares of iShares Select Dividend ETF in the third quarter worth about $36,000. 46.08% of the stock is currently owned by institutional investors.

iShares Select Dividend ETF Trading Up 0.9 %

Shares of NASDAQ:DVY opened at $142.08 on Monday. iShares Select Dividend ETF has a 12-month low of $109.90 and a 12-month high of $142.38. The company has a market cap of $21.17 billion, a PE ratio of 13.25 and a beta of 0.87. The stock has a 50 day moving average of $135.74 and a 200 day moving average of $129.30.

iShares Select Dividend ETF Dividend Announcement

The company 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 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.