Objective Capital Management LLC Takes $203,000 Position in iShares Select Dividend ETF (NASDAQ:DVY)

Objective Capital Management LLC acquired a new stake in shares of iShares Select Dividend ETF (NASDAQ:DVY) during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 1,500 shares of the company’s stock, valued at approximately $203,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of DVY. Wealth Quarterback LLC boosted its position in iShares Select Dividend ETF by 2.6% in the third quarter. Wealth Quarterback LLC now owns 29,004 shares of the company’s stock valued at $3,918,000 after buying an additional 732 shares during the last quarter. Leavell Investment Management Inc. raised its stake in shares of iShares Select Dividend ETF by 45.8% during the 3rd quarter. Leavell Investment Management Inc. now owns 5,248 shares of the company’s stock worth $709,000 after buying an additional 1,648 shares during the period. Jmac Enterprises LLC raised its stake in iShares Select Dividend ETF by 0.6% in the 3rd quarter. Jmac Enterprises LLC now owns 17,038 shares of the company’s stock valued at $2,301,000 after purchasing an additional 105 shares during the last quarter. WoodTrust Financial Corp raised its stake in iShares Select Dividend ETF by 5.3% in the 3rd quarter. WoodTrust Financial Corp now owns 2,331 shares of the company’s stock valued at $315,000 after purchasing an additional 118 shares during the last quarter. Finally, Cozad Asset Management Inc. increased its stake in shares of iShares Select Dividend ETF by 1.1% in the 3rd quarter. Cozad Asset Management Inc. now owns 14,474 shares of the company’s stock worth $1,955,000 after acquiring an additional 152 shares during the last quarter. 46.08% of the stock is owned by hedge funds and other institutional investors.

iShares Select Dividend ETF Stock Up 0.5 %

Shares of DVY opened at $138.16 on Friday. The company has a market capitalization of $20.59 billion, a PE ratio of 13.25 and a beta of 0.87. iShares Select Dividend ETF has a 52-week low of $105.58 and a 52-week high of $138.70. The stock has a fifty day simple moving average of $134.46 and a two-hundred day simple moving average of $127.92.

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 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.