iShares Select Dividend ETF (NASDAQ:DVY) Shares Bought by Fortis Group Advisors LLC

Fortis Group Advisors LLC boosted its holdings in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 94.6% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 10,725 shares of the company’s stock after acquiring an additional 5,215 shares during the period. Fortis Group Advisors LLC’s holdings in iShares Select Dividend ETF were worth $1,449,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Calton & Associates Inc. lifted its position in shares of iShares Select Dividend ETF by 33.9% during the third quarter. Calton & Associates Inc. now owns 2,593 shares of the company’s stock worth $350,000 after purchasing an additional 656 shares in the last quarter. Townsend Asset Management Corp NC ADV grew its position in iShares Select Dividend ETF by 21.8% in the 3rd quarter. Townsend Asset Management Corp NC ADV now owns 29,379 shares of the company’s stock valued at $3,968,000 after buying an additional 5,258 shares in the last quarter. Whittier Trust Co. of Nevada Inc. grew its position in iShares Select Dividend ETF by 58.2% in the 3rd quarter. Whittier Trust Co. of Nevada Inc. now owns 15,286 shares of the company’s stock valued at $2,065,000 after buying an additional 5,624 shares in the last quarter. Trilogy Capital Inc. lifted its holdings in iShares Select Dividend ETF by 0.4% in the 3rd quarter. Trilogy Capital Inc. now owns 29,525 shares of the company’s stock valued at $3,988,000 after acquiring an additional 107 shares during the last quarter. Finally, Raymond James & Associates lifted its holdings in iShares Select Dividend ETF by 2.9% in the 3rd quarter. Raymond James & Associates now owns 584,439 shares of the company’s stock valued at $78,940,000 after acquiring an additional 16,512 shares during the last quarter. Institutional investors and hedge funds own 46.08% of the company’s stock.

iShares Select Dividend ETF Trading Down 0.7 %

DVY stock traded down $0.94 during mid-day trading on Tuesday, reaching $134.40. 59,386 shares of the stock traded hands, compared to its average volume of 462,825. iShares Select Dividend ETF has a 52-week low of $102.66 and a 52-week high of $137.26. The company has a market cap of $20.09 billion, a P/E ratio of 13.25 and a beta of 0.87. The stock’s fifty day moving average is $133.22 and its 200-day moving average is $126.43.

iShares Select Dividend ETF Dividend Announcement

The business also recently declared a dividend, which was paid on Monday, September 30th. Stockholders of record on Wednesday, September 25th were given a $1.5496 dividend. The ex-dividend date 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.