Raab & Moskowitz Asset Management LLC Has $5.97 Million Stake in iShares Select Dividend ETF (NASDAQ:DVY)

Raab & Moskowitz Asset Management LLC boosted its stake in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 3.2% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 44,215 shares of the company’s stock after buying an additional 1,371 shares during the quarter. iShares Select Dividend ETF makes up approximately 1.5% of Raab & Moskowitz Asset Management LLC’s portfolio, making the stock its 18th biggest position. Raab & Moskowitz Asset Management LLC’s holdings in iShares Select Dividend ETF were worth $5,972,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Banque Cantonale Vaudoise increased its position in shares of iShares Select Dividend ETF by 10.1% during the third quarter. Banque Cantonale Vaudoise now owns 798 shares of the company’s stock worth $108,000 after buying an additional 73 shares during the period. Unionview LLC boosted its position in iShares Select Dividend ETF by 0.7% during the third quarter. Unionview LLC now owns 11,151 shares of the company’s stock valued at $1,506,000 after acquiring an additional 76 shares during the last quarter. CMG Global Holdings LLC grew its holdings in iShares Select Dividend ETF by 0.5% during the 3rd quarter. CMG Global Holdings LLC now owns 17,284 shares of the company’s stock worth $2,335,000 after acquiring an additional 80 shares during the period. Pathway Financial Advisers LLC lifted its stake in shares of iShares Select Dividend ETF by 1.4% in the 2nd quarter. Pathway Financial Advisers LLC now owns 6,137 shares of the company’s stock valued at $740,000 after purchasing an additional 84 shares during the period. Finally, 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 valued at $652,000 after purchasing an additional 85 shares in the last quarter. Institutional investors own 46.08% of the company’s stock.

iShares Select Dividend ETF Stock Performance

Shares of DVY stock opened at $139.79 on Friday. iShares Select Dividend ETF has a fifty-two week low of $112.42 and a fifty-two week high of $144.09. The stock has a 50 day simple moving average of $137.17 and a two-hundred day simple moving average of $130.46. The company has a market cap of $20.83 billion, a P/E ratio of 13.25 and a beta of 0.87.

iShares Select Dividend ETF Announces Dividend

The business 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 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.