1832 Asset Management L.P. Purchases Shares of 604 iShares Select Dividend ETF (NASDAQ:DVY)

1832 Asset Management L.P. acquired a new position in iShares Select Dividend ETF (NASDAQ:DVY) during the second quarter, HoldingsChannel reports. The institutional investor acquired 604 shares of the company’s stock, valued at approximately $73,000.

Other hedge funds have also modified their holdings of the company. Addison Advisors LLC grew its holdings 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 valued at $28,000 after purchasing an additional 120 shares in the last quarter. 1620 Investment Advisors Inc. purchased a new position in shares of iShares Select Dividend ETF in the 2nd quarter worth $30,000. ORG Partners LLC bought a new stake in shares of iShares Select Dividend ETF in the 2nd quarter worth about $32,000. Family Firm Inc. bought a new position in shares of iShares Select Dividend ETF in the 2nd quarter valued at about $36,000. Finally, Triad Wealth Partners LLC purchased a new position in iShares Select Dividend ETF in the second quarter worth about $40,000. 46.08% of the stock is owned by hedge funds and other institutional investors.

iShares Select Dividend ETF Price Performance

Shares of NASDAQ DVY opened at $134.09 on Friday. iShares Select Dividend ETF has a 1-year low of $102.66 and a 1-year high of $136.36. The business’s 50 day moving average is $130.61 and its two-hundred day moving average is $124.65. The stock has a market capitalization of $19.93 billion, a P/E ratio of 13.25 and a beta of 0.87.

iShares Select Dividend ETF Announces Dividend

The business also recently declared a dividend, which will be paid on Monday, September 30th. Investors of record on Wednesday, September 25th will be issued a dividend of $1.5496 per share. The ex-dividend date is 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.