Turtle Creek Wealth Advisors LLC Grows Stock Holdings in iShares Select Dividend ETF (NASDAQ:DVY)

Turtle Creek Wealth Advisors LLC boosted its stake in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 80.1% during the third quarter, Holdings Channel reports. The firm owned 2,986 shares of the company’s stock after purchasing an additional 1,328 shares during the quarter. Turtle Creek Wealth Advisors LLC’s holdings in iShares Select Dividend ETF were worth $403,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Addison Advisors LLC boosted its stake 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 worth $28,000 after buying an additional 120 shares during the last quarter. 1620 Investment Advisors Inc. bought a new stake in shares of iShares Select Dividend ETF during the 2nd quarter valued at about $30,000. ORG Partners LLC bought a new stake in shares of iShares Select Dividend ETF during the 2nd quarter valued at about $32,000. Family Firm Inc. purchased a new stake in shares of iShares Select Dividend ETF during the 2nd quarter valued at about $36,000. Finally, ORG Wealth Partners LLC purchased a new position in shares of iShares Select Dividend ETF in the third quarter worth approximately $36,000. Hedge funds and other institutional investors own 46.08% of the company’s stock.

iShares Select Dividend ETF Trading Up 0.3 %

NASDAQ DVY traded up $0.39 during trading hours on Friday, hitting $138.33. 619,462 shares of the company’s stock traded hands, compared to its average volume of 453,412. iShares Select Dividend ETF has a 52 week low of $109.15 and a 52 week high of $139.90. The firm has a market capitalization of $20.61 billion, a P/E ratio of 13.25 and a beta of 0.87. The business’s fifty day moving average price is $134.99 and its two-hundred day moving average price is $128.54.

iShares Select Dividend ETF Announces Dividend

The business also recently disclosed a dividend, which was paid on Monday, September 30th. Stockholders 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.