Objective Capital Management LLC Makes New $203,000 Investment in iShares Select Dividend ETF (NASDAQ:DVY)

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

A number of other institutional investors and hedge funds also recently modified their holdings of DVY. NewEdge Advisors LLC increased its stake in shares of iShares Select Dividend ETF by 5.6% in the second quarter. NewEdge Advisors LLC now owns 75,747 shares of the company’s stock worth $9,164,000 after acquiring an additional 4,031 shares during the last quarter. Mather Group LLC. increased its stake in shares of iShares Select Dividend ETF by 20.2% in the second quarter. Mather Group LLC. now owns 3,278 shares of the company’s stock worth $404,000 after acquiring an additional 550 shares during the last quarter. Sequoia Financial Advisors LLC increased its stake in shares of iShares Select Dividend ETF by 2.2% in the third quarter. Sequoia Financial Advisors LLC now owns 47,836 shares of the company’s stock worth $6,461,000 after acquiring an additional 1,041 shares during the last quarter. Fifth Third Securities Inc. increased its position in iShares Select Dividend ETF by 1.1% during the second quarter. Fifth Third Securities Inc. now owns 26,939 shares of the company’s stock worth $3,259,000 after buying an additional 294 shares during the last quarter. Finally, Global Retirement Partners LLC increased its position in iShares Select Dividend ETF by 12.0% during the third quarter. Global Retirement Partners LLC now owns 4,232 shares of the company’s stock worth $572,000 after buying an additional 455 shares during the last quarter. Institutional investors and hedge funds own 46.08% of the company’s stock.

iShares Select Dividend ETF Price Performance

iShares Select Dividend ETF stock opened at $138.16 on Friday. The company has a market capitalization of $20.59 billion, a price-to-earnings ratio of 13.25 and a beta of 0.87. iShares Select Dividend ETF has a one year low of $105.58 and a one year high of $138.70. The company’s fifty day moving average price is $134.46 and its two-hundred day moving average price is $127.92.

iShares Select Dividend ETF Dividend Announcement

The company also recently declared 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 was Wednesday, September 25th.

iShares Select Dividend ETF Company Profile

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.