Citizens Financial Group Inc. RI Buys 2,597 Shares of iShares Select Dividend ETF (NASDAQ:DVY)

Citizens Financial Group Inc. RI grew its stake in iShares Select Dividend ETF (NASDAQ:DVY) by 4.5% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 59,757 shares of the company’s stock after purchasing an additional 2,597 shares during the quarter. Citizens Financial Group Inc. RI’s holdings in iShares Select Dividend ETF were worth $8,071,000 at the end of the most recent quarter.

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

iShares Select Dividend ETF Price Performance

Shares of NASDAQ DVY opened at $140.80 on Friday. iShares Select Dividend ETF has a 1 year low of $109.54 and a 1 year high of $140.98. The firm has a 50-day moving average of $135.57 and a 200 day moving average of $129.07. The stock has a market cap of $20.98 billion, a P/E ratio of 13.25 and a beta of 0.87.

iShares Select Dividend ETF Dividend Announcement

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