Accredited Investors Inc. Acquires 464 Shares of iShares Select Dividend ETF (NASDAQ:DVY)

Accredited Investors Inc. lifted its holdings in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 25.4% during the 3rd quarter, Holdings Channel reports. The firm owned 2,288 shares of the company’s stock after purchasing an additional 464 shares during the quarter. Accredited Investors Inc.’s holdings in iShares Select Dividend ETF were worth $309,000 at the end of the most recent quarter.

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

iShares Select Dividend ETF Price Performance

DVY stock opened at $138.33 on Friday. iShares Select Dividend ETF has a 1 year low of $109.15 and a 1 year high of $139.90. The stock has a market capitalization of $20.61 billion, a PE ratio of 13.25 and a beta of 0.87. The company’s 50-day moving average is $134.99 and its 200-day moving average is $128.61.

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 issued 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.