Townsend Asset Management Corp NC ADV Buys 5,258 Shares of iShares Select Dividend ETF (NASDAQ:DVY)

Townsend Asset Management Corp NC ADV increased its stake in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 21.8% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 29,379 shares of the company’s stock after acquiring an additional 5,258 shares during the quarter. iShares Select Dividend ETF makes up about 1.5% of Townsend Asset Management Corp NC ADV’s portfolio, making the stock its 19th largest position. Townsend Asset Management Corp NC ADV’s holdings in iShares Select Dividend ETF were worth $3,968,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of DVY. Jane Street Group LLC boosted its stake in iShares Select Dividend ETF by 1,872.8% during the first quarter. Jane Street Group LLC now owns 617,469 shares of the company’s stock worth $76,060,000 after acquiring an additional 586,170 shares in the last quarter. Miller Howard Investments Inc. NY boosted its stake in iShares Select Dividend ETF by 400.3% during the second quarter. Miller Howard Investments Inc. NY now owns 315,140 shares of the company’s stock worth $38,126,000 after acquiring an additional 252,150 shares in the last quarter. National Bank of Canada FI boosted its stake in iShares Select Dividend ETF by 72.7% during the second quarter. National Bank of Canada FI now owns 213,193 shares of the company’s stock worth $25,556,000 after acquiring an additional 89,727 shares in the last quarter. Fifth Third Wealth Advisors LLC boosted its stake in iShares Select Dividend ETF by 728.9% during the first quarter. Fifth Third Wealth Advisors LLC now owns 73,108 shares of the company’s stock worth $9,005,000 after acquiring an additional 64,288 shares in the last quarter. Finally, Sanctuary Advisors LLC bought a new position in iShares Select Dividend ETF during the second quarter worth $5,769,000. 46.08% of the stock is owned by institutional investors.

iShares Select Dividend ETF Trading Down 1.1 %

DVY opened at $135.34 on Tuesday. The company’s fifty day moving average price is $133.22 and its two-hundred day moving average price is $126.43. iShares Select Dividend ETF has a 1-year low of $102.66 and a 1-year high of $137.26. The company has a market cap of $20.23 billion, a price-to-earnings ratio of 13.25 and a beta of 0.87.

iShares Select Dividend ETF Announces Dividend

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