Integrated Wealth Concepts LLC Grows Stock Holdings in iShares Select Dividend ETF (NASDAQ:DVY)

Integrated Wealth Concepts LLC lifted its holdings in iShares Select Dividend ETF (NASDAQ:DVY) by 2.2% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 64,675 shares of the company’s stock after acquiring an additional 1,384 shares during the period. Integrated Wealth Concepts LLC’s holdings in iShares Select Dividend ETF were worth $8,736,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Addison Advisors LLC lifted its position in iShares Select Dividend ETF by 107.1% during the 2nd quarter. Addison Advisors LLC now owns 232 shares of the company’s stock worth $28,000 after acquiring an additional 120 shares in the last quarter. 1620 Investment Advisors Inc. acquired a new position in shares of iShares Select Dividend ETF during the second quarter worth $30,000. ORG Partners LLC acquired a new position in shares of iShares Select Dividend ETF during the second quarter worth $32,000. ORG Wealth Partners LLC purchased a new position in shares of iShares Select Dividend ETF in the third quarter valued at $36,000. Finally, Family Firm Inc. acquired a new stake in iShares Select Dividend ETF during the 2nd quarter valued at $36,000. Hedge funds and other institutional investors own 46.08% of the company’s stock.

iShares Select Dividend ETF Price Performance

Shares of DVY stock opened at $141.00 on Wednesday. The company’s fifty day moving average price is $136.80 and its two-hundred day moving average price is $130.18. The firm has a market capitalization of $20.95 billion, a P/E ratio of 13.25 and a beta of 0.87. iShares Select Dividend ETF has a 12 month low of $112.42 and a 12 month high of $144.09.

iShares Select Dividend ETF Announces Dividend

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