LPL Financial LLC Buys 64,620 Shares of iShares Select Dividend ETF (NASDAQ:DVY)

LPL Financial LLC boosted its holdings in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 4.6% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,465,825 shares of the company’s stock after purchasing an additional 64,620 shares during the period. LPL Financial LLC’s holdings in iShares Select Dividend ETF were worth $197,989,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of DVY. Banque Cantonale Vaudoise boosted its position in iShares Select Dividend ETF by 10.1% during the third quarter. Banque Cantonale Vaudoise now owns 798 shares of the company’s stock valued at $108,000 after acquiring an additional 73 shares during the last quarter. Unionview LLC boosted its position in shares of iShares Select Dividend ETF by 0.7% during the 3rd quarter. Unionview LLC now owns 11,151 shares of the company’s stock worth $1,506,000 after purchasing an additional 76 shares in the last quarter. Pathway Financial Advisers LLC boosted its position in shares of iShares Select Dividend ETF by 1.4% during the 2nd quarter. Pathway Financial Advisers LLC now owns 6,137 shares of the company’s stock worth $740,000 after purchasing an additional 84 shares in the last quarter. LS Investment Advisors LLC boosted its position in shares of iShares Select Dividend ETF by 1.6% during the 2nd quarter. LS Investment Advisors LLC now owns 5,392 shares of the company’s stock worth $652,000 after purchasing an additional 85 shares in the last quarter. Finally, Regatta Capital Group LLC boosted its position in shares of iShares Select Dividend ETF by 2.5% during the 3rd quarter. Regatta Capital Group LLC now owns 3,715 shares of the company’s stock worth $502,000 after purchasing an additional 90 shares in the last quarter. 46.08% of the stock is currently owned by institutional investors and hedge funds.

iShares Select Dividend ETF Stock Performance

Shares of NASDAQ DVY opened at $140.80 on Friday. iShares Select Dividend ETF has a fifty-two week low of $109.54 and a fifty-two week high of $140.98. The stock has a market cap of $20.98 billion, a price-to-earnings ratio of 13.25 and a beta of 0.87. The firm’s 50-day simple moving average is $135.57 and its 200 day simple moving average is $129.07.

iShares Select Dividend ETF Dividend Announcement

The firm also recently declared a dividend, which was paid on Monday, September 30th. Investors of record on Wednesday, September 25th were given 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.