Guidance Point Advisors LLC Increases Holdings in iShares Select Dividend ETF (NASDAQ:DVY)

Guidance Point Advisors LLC increased its position in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 1.0% in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 25,330 shares of the company’s stock after purchasing an additional 259 shares during the quarter. iShares Select Dividend ETF accounts for 1.0% of Guidance Point Advisors LLC’s investment portfolio, making the stock its 22nd biggest holding. Guidance Point Advisors LLC’s holdings in iShares Select Dividend ETF were worth $3,422,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Addison Advisors LLC boosted its position in shares of iShares Select Dividend ETF by 107.1% in the 2nd quarter. Addison Advisors LLC now owns 232 shares of the company’s stock worth $28,000 after buying an additional 120 shares in the last quarter. 1620 Investment Advisors Inc. purchased a new stake in shares of iShares Select Dividend ETF in the second quarter valued at about $30,000. ORG Partners LLC acquired a new stake in shares of iShares Select Dividend ETF in the second quarter valued at approximately $32,000. Family Firm Inc. purchased a new position in shares of iShares Select Dividend ETF during the 2nd quarter worth approximately $36,000. Finally, ORG Wealth Partners LLC purchased a new position in shares of iShares Select Dividend ETF during the 3rd quarter worth approximately $36,000. 46.08% of the stock is currently owned by hedge funds and other institutional investors.

iShares Select Dividend ETF Stock Performance

DVY stock opened at $134.92 on Wednesday. The stock’s 50 day moving average price is $134.16 and its 200 day moving average price is $127.65. The firm has a market cap of $20.10 billion, a P/E ratio of 13.25 and a beta of 0.87. iShares Select Dividend ETF has a 1 year low of $105.58 and a 1 year high of $137.26.

iShares Select Dividend ETF Announces Dividend

The business also recently disclosed a dividend, which was paid on Monday, September 30th. Investors of record on Wednesday, September 25th were paid a dividend of $1.5496 per share. The ex-dividend date was Wednesday, September 25th.

iShares Select Dividend ETF 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.