Nwam LLC Buys Shares of 17,565 iShares Select Dividend ETF (NASDAQ:DVY)

Nwam LLC purchased a new position in shares of iShares Select Dividend ETF (NASDAQ:DVY) during the third quarter, HoldingsChannel reports. The firm purchased 17,565 shares of the company’s stock, valued at approximately $2,372,000.

A number of other hedge funds also recently modified their holdings of DVY. Addison Advisors LLC lifted its holdings in shares of iShares Select Dividend ETF by 107.1% during the second quarter. Addison Advisors LLC now owns 232 shares of the company’s stock worth $28,000 after purchasing an additional 120 shares during the period. 1620 Investment Advisors Inc. acquired a new position in shares of iShares Select Dividend ETF during the second quarter worth $30,000. ORG Partners LLC acquired a new position in shares of iShares Select Dividend ETF during the second quarter worth $32,000. Family Firm Inc. bought a new position in iShares Select Dividend ETF during the second quarter worth $36,000. Finally, ORG Wealth Partners LLC bought a new position in iShares Select Dividend ETF during the third quarter worth $36,000. Institutional investors and hedge funds own 46.08% of the company’s stock.

iShares Select Dividend ETF Stock Up 0.9 %

Shares of NASDAQ DVY opened at $142.08 on Friday. iShares Select Dividend ETF has a twelve month low of $109.90 and a twelve month high of $142.38. The firm has a fifty day simple moving average of $135.74 and a 200 day simple moving average of $129.21. The company has a market capitalization of $21.17 billion, a PE ratio of 13.25 and a beta of 0.87.

iShares Select Dividend ETF Announces Dividend

The company also recently announced a dividend, which was paid on Monday, September 30th. Investors of record on Wednesday, September 25th were paid 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.