8,467 Shares in iShares Select Dividend ETF (NASDAQ:DVY) Purchased by Meridian Wealth Management LLC

Meridian Wealth Management LLC purchased a new stake in iShares Select Dividend ETF (NASDAQ:DVY) during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 8,467 shares of the company’s stock, valued at approximately $1,144,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in DVY. NewEdge Advisors LLC increased its holdings in shares of iShares Select Dividend ETF by 5.6% in the second quarter. NewEdge Advisors LLC now owns 75,747 shares of the company’s stock valued at $9,164,000 after purchasing an additional 4,031 shares during the period. Mather Group LLC. grew its position in iShares Select Dividend ETF by 20.2% in the 2nd quarter. Mather Group LLC. now owns 3,278 shares of the company’s stock valued at $404,000 after buying an additional 550 shares during the last quarter. Sequoia Financial Advisors LLC increased its stake in iShares Select Dividend ETF by 2.2% in the 3rd quarter. Sequoia Financial Advisors LLC now owns 47,836 shares of the company’s stock valued at $6,461,000 after buying an additional 1,041 shares during the period. Fifth Third Securities Inc. raised its position in iShares Select Dividend ETF by 1.1% during the 2nd quarter. Fifth Third Securities Inc. now owns 26,939 shares of the company’s stock worth $3,259,000 after buying an additional 294 shares during the last quarter. Finally, Global Retirement Partners LLC lifted its stake in shares of iShares Select Dividend ETF by 12.0% in the 3rd quarter. Global Retirement Partners LLC now owns 4,232 shares of the company’s stock worth $572,000 after acquiring an additional 455 shares during the period. 46.08% of the stock is owned by hedge funds and other institutional investors.

iShares Select Dividend ETF Stock Up 0.9 %

Shares of NASDAQ:DVY opened at $142.08 on Friday. The company has a market cap of $21.17 billion, a price-to-earnings ratio of 13.25 and a beta of 0.87. iShares Select Dividend ETF has a fifty-two week low of $109.90 and a fifty-two week high of $142.38. The firm’s 50-day simple moving average is $135.74 and its 200-day simple moving average is $129.26.

iShares Select Dividend ETF Dividend Announcement

The firm also recently announced a dividend, which was paid on Monday, September 30th. Shareholders 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.