iShares Select Dividend ETF (NASDAQ:DVY) Position Increased by LPL Financial LLC

LPL Financial LLC increased its stake in iShares Select Dividend ETF (NASDAQ:DVY) by 4.6% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,465,825 shares of the company’s stock after purchasing an additional 64,620 shares during the period. LPL Financial LLC owned 0.98% of iShares Select Dividend ETF worth $197,989,000 at the end of the most recent reporting period.

Several other hedge funds have also made changes to their positions in the stock. Addison Advisors LLC raised its stake 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. bought a new stake in shares of iShares Select Dividend ETF in the 2nd quarter worth $30,000. ORG Partners LLC acquired a new stake in shares of iShares Select Dividend ETF during the second quarter worth $32,000. Family Firm Inc. acquired a new stake in shares of iShares Select Dividend ETF during the second quarter worth $36,000. Finally, ORG Wealth Partners LLC acquired a new stake in shares of iShares Select Dividend ETF during the third quarter worth $36,000. Institutional investors own 46.08% of the company’s stock.

iShares Select Dividend ETF Stock Up 1.3 %

Shares of iShares Select Dividend ETF stock opened at $140.80 on Friday. The stock’s fifty day moving average is $135.57 and its 200-day moving average is $129.07. The firm has a market capitalization of $20.98 billion, a PE ratio of 13.25 and a beta of 0.87. iShares Select Dividend ETF has a 12-month low of $109.54 and a 12-month high of $140.98.

iShares Select Dividend ETF Dividend Announcement

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

iShares Select Dividend ETF Company 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.