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

Townsend Asset Management Corp NC ADV boosted its holdings in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 21.8% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 29,379 shares of the company’s stock after acquiring an additional 5,258 shares during the quarter. iShares Select Dividend ETF accounts for 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 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in DVY. Jane Street Group LLC grew its holdings in iShares Select Dividend ETF by 1,872.8% during the 1st 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 during the last quarter. Miller Howard Investments Inc. NY boosted its stake in shares of iShares Select Dividend ETF by 400.3% in the 2nd quarter. Miller Howard Investments Inc. NY now owns 315,140 shares of the company’s stock valued at $38,126,000 after purchasing an additional 252,150 shares during the last quarter. National Bank of Canada FI boosted its stake in shares of iShares Select Dividend ETF by 72.7% in the 2nd quarter. National Bank of Canada FI now owns 213,193 shares of the company’s stock valued at $25,556,000 after purchasing an additional 89,727 shares during the last quarter. Fifth Third Wealth Advisors LLC boosted its stake in shares of iShares Select Dividend ETF by 728.9% in the 1st quarter. Fifth Third Wealth Advisors LLC now owns 73,108 shares of the company’s stock valued at $9,005,000 after purchasing an additional 64,288 shares during the last quarter. Finally, Sanctuary Advisors LLC bought a new stake in shares of iShares Select Dividend ETF in the 2nd quarter valued at $5,769,000. 46.08% of the stock is owned by institutional investors.

iShares Select Dividend ETF Stock Performance

NASDAQ:DVY opened at $135.34 on Tuesday. The firm’s fifty day moving average is $133.22 and its 200-day moving average is $126.43. iShares Select Dividend ETF has a 52 week low of $102.66 and a 52 week high of $137.26. The firm has a market cap of $20.23 billion, a P/E ratio of 13.25 and a beta of 0.87.

iShares Select Dividend ETF Announces Dividend

The company also recently disclosed a dividend, which was paid on Monday, September 30th. Stockholders of record on Wednesday, September 25th were paid a $1.5496 dividend. 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.