1,623 Shares in iShares Select Dividend ETF (NASDAQ:DVY) Purchased by Global Wealth Management Investment Advisory Inc.

Global Wealth Management Investment Advisory Inc. bought a new stake in shares of iShares Select Dividend ETF (NASDAQ:DVY) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 1,623 shares of the company’s stock, valued at approximately $219,000.

Several other large investors have also modified their holdings of DVY. Addison Advisors LLC grew its stake in iShares Select Dividend ETF by 107.1% in the second quarter. Addison Advisors LLC now owns 232 shares of the company’s stock valued at $28,000 after purchasing an additional 120 shares during the last quarter. 1620 Investment Advisors Inc. bought a new position in shares of iShares Select Dividend ETF during the 2nd quarter worth approximately $30,000. ORG Partners LLC purchased a new stake in iShares Select Dividend ETF during the second quarter valued at approximately $32,000. Family Firm Inc. acquired a new stake in iShares Select Dividend ETF in the second quarter valued at approximately $36,000. Finally, ORG Wealth Partners LLC purchased a new position in iShares Select Dividend ETF in the third quarter worth $36,000. Institutional investors own 46.08% of the company’s stock.

iShares Select Dividend ETF Trading Up 1.2 %

Shares of DVY opened at $134.92 on Wednesday. The firm has a market cap of $20.10 billion, a PE ratio of 13.25 and a beta of 0.87. iShares Select Dividend ETF has a 12 month low of $105.58 and a 12 month high of $137.26. The stock has a fifty day moving average price of $134.16 and a 200-day moving average price of $127.65.

iShares Select Dividend ETF Announces Dividend

The firm also recently declared a dividend, which was paid on Monday, September 30th. Shareholders of record on Wednesday, September 25th were paid 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.