Sensible Money LLC Takes Position in iShares Select Dividend ETF (NASDAQ:DVY)

Sensible Money LLC bought a new position in shares of iShares Select Dividend ETF (NASDAQ:DVY) during the 3rd quarter, HoldingsChannel reports. The fund bought 1,787 shares of the company’s stock, valued at approximately $241,000.

A number of other hedge funds also recently modified their holdings of the stock. Jane Street Group LLC lifted its stake in iShares Select Dividend ETF by 1,872.8% during the first quarter. Jane Street Group LLC now owns 617,469 shares of the company’s stock worth $76,060,000 after purchasing an additional 586,170 shares during the last quarter. Miller Howard Investments Inc. NY grew its position in iShares Select Dividend ETF by 400.3% in the second quarter. Miller Howard Investments Inc. NY now owns 315,140 shares of the company’s stock valued at $38,126,000 after acquiring an additional 252,150 shares during the last quarter. National Bank of Canada FI raised its stake in iShares Select Dividend ETF by 72.7% during the second quarter. National Bank of Canada FI now owns 213,193 shares of the company’s stock worth $25,556,000 after acquiring an additional 89,727 shares in the last quarter. Fifth Third Wealth Advisors LLC lifted its holdings in shares of iShares Select Dividend ETF by 728.9% in the first quarter. Fifth Third Wealth Advisors LLC now owns 73,108 shares of the company’s stock worth $9,005,000 after acquiring an additional 64,288 shares during the last quarter. Finally, Sanctuary Advisors LLC acquired a new stake in shares of iShares Select Dividend ETF in the 2nd quarter valued at approximately $5,769,000. Institutional investors own 46.08% of the company’s stock.

iShares Select Dividend ETF Price Performance

DVY stock opened at $137.13 on Thursday. The stock has a market cap of $20.49 billion, a price-to-earnings ratio of 13.25 and a beta of 0.87. The company has a 50 day simple moving average of $132.62 and a 200 day simple moving average of $126.09. iShares Select Dividend ETF has a 1 year low of $102.66 and a 1 year high of $137.26.

iShares Select Dividend ETF Dividend Announcement

The company also recently declared 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 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.