iShares Select Dividend ETF (NASDAQ:DVY) Position Increased by Fifth Third Wealth Advisors LLC

Fifth Third Wealth Advisors LLC raised its holdings in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 8.8% during the 3rd quarter, Holdings Channel reports. The fund owned 132,122 shares of the company’s stock after purchasing an additional 10,637 shares during the period. iShares Select Dividend ETF makes up approximately 1.1% of Fifth Third Wealth Advisors LLC’s portfolio, making the stock its 13th largest holding. Fifth Third Wealth Advisors LLC’s holdings in iShares Select Dividend ETF were worth $17,846,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently added to or reduced their stakes in the company. NewEdge Advisors LLC raised its stake in iShares Select Dividend ETF by 5.6% during the 2nd quarter. NewEdge Advisors LLC now owns 75,747 shares of the company’s stock valued at $9,164,000 after acquiring an additional 4,031 shares in the last quarter. Mather Group LLC. raised its stake in iShares Select Dividend ETF by 20.2% during the 2nd quarter. Mather Group LLC. now owns 3,278 shares of the company’s stock valued at $404,000 after acquiring an additional 550 shares in the last quarter. Sequoia Financial Advisors LLC raised its stake in iShares Select Dividend ETF by 2.2% during the 3rd quarter. Sequoia Financial Advisors LLC now owns 47,836 shares of the company’s stock valued at $6,461,000 after acquiring an additional 1,041 shares in the last quarter. Fifth Third Securities Inc. raised its stake 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 valued at $3,259,000 after acquiring an additional 294 shares in the last quarter. Finally, Global Retirement Partners LLC raised its stake in iShares Select Dividend ETF by 12.0% during the 3rd quarter. Global Retirement Partners LLC now owns 4,232 shares of the company’s stock valued at $572,000 after acquiring an additional 455 shares in the last quarter. Institutional investors own 46.08% of the company’s stock.

iShares Select Dividend ETF Price Performance

Shares of iShares Select Dividend ETF stock opened at $139.16 on Tuesday. iShares Select Dividend ETF has a 1-year low of $109.15 and a 1-year high of $139.90. The business’s fifty day moving average price is $135.12 and its two-hundred day moving average price is $128.80. The company has a market capitalization of $20.73 billion, a P/E ratio of 13.25 and a beta of 0.87.

iShares Select Dividend ETF Dividend Announcement

The company also recently disclosed a dividend, which was paid on Monday, September 30th. Stockholders of record on Wednesday, September 25th were paid 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.