PFG Investments LLC Buys 637 Shares of iShares Select Dividend ETF (NASDAQ:DVY)

PFG Investments LLC increased its stake in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 4.8% during the 2nd quarter, Holdings Channel.com reports. The fund owned 13,932 shares of the company’s stock after purchasing an additional 637 shares during the quarter. PFG Investments LLC’s holdings in iShares Select Dividend ETF were worth $1,686,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Addison Advisors LLC grew 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 during the last quarter. 1620 Investment Advisors Inc. bought a new stake in shares of iShares Select Dividend ETF in the 2nd quarter worth approximately $30,000. ORG Partners LLC bought a new stake in shares of iShares Select Dividend ETF in the 2nd quarter worth approximately $32,000. Family Firm Inc. bought a new stake in shares of iShares Select Dividend ETF in the 2nd quarter worth approximately $36,000. Finally, Triad Wealth Partners LLC bought a new stake in shares of iShares Select Dividend ETF in the 2nd quarter worth approximately $40,000. 46.08% of the stock is currently owned by institutional investors.

iShares Select Dividend ETF Stock Performance

Shares of DVY stock opened at $132.58 on Tuesday. The firm has a market cap of $19.71 billion, a P/E ratio of 13.25 and a beta of 0.87. iShares Select Dividend ETF has a fifty-two week low of $102.66 and a fifty-two week high of $134.39. The business’s 50 day moving average price is $127.91 and its 200-day moving average price is $123.28.

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.