iShares International Select Dividend ETF (BATS:IDV) Hits New 1-Year Low – Here’s Why

Shares of iShares International Select Dividend ETF (BATS:IDV) reached a new 52-week low during mid-day trading on Monday . The company traded as low as $28.33 and last traded at $28.39, with a volume of 523890 shares traded. The stock had previously closed at $28.27.

iShares International Select Dividend ETF Stock Performance

The company has a fifty day moving average of $29.26 and a two-hundred day moving average of $29.01. The company has a market cap of $4.15 billion, a price-to-earnings ratio of 5.44 and a beta of 0.74.

Institutional Investors Weigh In On iShares International Select Dividend ETF

Several hedge funds and other institutional investors have recently bought and sold shares of IDV. TD Private Client Wealth LLC boosted its stake in shares of iShares International Select Dividend ETF by 1.1% in the 3rd quarter. TD Private Client Wealth LLC now owns 280,406 shares of the company’s stock worth $8,477,000 after buying an additional 3,163 shares during the last quarter. Sunbelt Securities Inc. boosted its holdings in shares of iShares International Select Dividend ETF by 9.0% in the 3rd quarter. Sunbelt Securities Inc. now owns 20,304 shares of the company’s stock worth $614,000 after buying an additional 1,674 shares during the last quarter. Captrust Financial Advisors grew its position in shares of iShares International Select Dividend ETF by 10.8% during the 3rd quarter. Captrust Financial Advisors now owns 8,944 shares of the company’s stock valued at $270,000 after acquiring an additional 871 shares during the period. Leavell Investment Management Inc. increased its holdings in iShares International Select Dividend ETF by 2.7% in the 3rd quarter. Leavell Investment Management Inc. now owns 20,911 shares of the company’s stock worth $632,000 after acquiring an additional 550 shares during the last quarter. Finally, Moloney Securities Asset Management LLC boosted its holdings in iShares International Select Dividend ETF by 36.0% in the 3rd quarter. Moloney Securities Asset Management LLC now owns 15,449 shares of the company’s stock worth $467,000 after buying an additional 4,091 shares during the period.

About iShares International Select Dividend ETF

iShares International Select Dividend ETF, formerly iShares Dow Jones International Select Dividend Index Fund, seeks investment results that correspond to the price and yield performance of the Dow Jones EPAC 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.