Citizens Financial Group Inc. RI Buys 2,597 Shares of iShares Select Dividend ETF (NASDAQ:DVY)

Citizens Financial Group Inc. RI boosted its stake in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 4.5% during the 3rd quarter, Holdings Channel.com reports. The firm owned 59,757 shares of the company’s stock after buying an additional 2,597 shares during the quarter. Citizens Financial Group Inc. RI’s holdings in iShares Select Dividend ETF were worth $8,071,000 as of its most recent filing with the SEC.

Several other hedge funds have also bought and sold shares of the stock. Addison Advisors LLC boosted its position in shares of iShares Select Dividend ETF by 107.1% in the second quarter. Addison Advisors LLC now owns 232 shares of the company’s stock worth $28,000 after purchasing an additional 120 shares during the period. 1620 Investment Advisors Inc. purchased a new position in shares of iShares Select Dividend ETF during the 2nd quarter valued at $30,000. ORG Partners LLC bought a new position in iShares Select Dividend ETF in the 2nd quarter worth $32,000. Family Firm Inc. purchased a new stake in iShares Select Dividend ETF in the 2nd quarter worth $36,000. Finally, ORG Wealth Partners LLC bought a new stake in iShares Select Dividend ETF during the third quarter valued at about $36,000. Institutional investors own 46.08% of the company’s stock.

iShares Select Dividend ETF Stock Up 1.3 %

Shares of iShares Select Dividend ETF stock opened at $140.80 on Friday. The company has a market capitalization of $20.98 billion, a price-to-earnings ratio of 13.25 and a beta of 0.87. The stock’s 50-day simple moving average is $135.57 and its 200-day simple moving average is $129.07. iShares Select Dividend ETF has a 52 week low of $109.54 and a 52 week high of $140.98.

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 issued a $1.5496 dividend. The ex-dividend date 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.