Nwam LLC Acquires New Shares in iShares Select Dividend ETF (NASDAQ:DVY)

Nwam LLC bought a new position in iShares Select Dividend ETF (NASDAQ:DVY) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 17,565 shares of the company’s stock, valued at approximately $2,372,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Smithfield Trust Co lifted its stake in iShares Select Dividend ETF by 1.3% in the 3rd quarter. Smithfield Trust Co now owns 52,766 shares of the company’s stock valued at $7,116,000 after purchasing an additional 656 shares during the last quarter. LPL Financial LLC lifted its stake in iShares Select Dividend ETF by 4.6% in the 3rd quarter. LPL Financial LLC now owns 1,465,825 shares of the company’s stock valued at $197,989,000 after purchasing an additional 64,620 shares during the last quarter. STAR Financial Bank acquired a new stake in iShares Select Dividend ETF in the 3rd quarter valued at about $2,916,000. Citizens Financial Group Inc. RI raised its holdings in iShares Select Dividend ETF by 4.5% in the 3rd quarter. Citizens Financial Group Inc. RI now owns 59,757 shares of the company’s stock valued at $8,071,000 after acquiring an additional 2,597 shares during the period. Finally, First Horizon Advisors Inc. raised its holdings in iShares Select Dividend ETF by 17.4% in the 3rd quarter. First Horizon Advisors Inc. now owns 16,052 shares of the company’s stock valued at $2,168,000 after acquiring an additional 2,383 shares during the period. 46.08% of the stock is owned by institutional investors and hedge funds.

iShares Select Dividend ETF Stock Up 0.9 %

iShares Select Dividend ETF stock opened at $142.08 on Friday. The stock has a market cap of $21.17 billion, a P/E ratio of 13.25 and a beta of 0.87. iShares Select Dividend ETF has a twelve month low of $109.90 and a twelve month high of $142.38. The company’s 50-day moving average price is $135.74 and its two-hundred day moving average price is $129.21.

iShares Select Dividend ETF Announces Dividend

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