iShares Select Dividend ETF (NASDAQ:DVY) Shares Bought by Wealth Alliance

Wealth Alliance raised its stake in iShares Select Dividend ETF (NASDAQ:DVY) by 66.1% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 9,457 shares of the company’s stock after purchasing an additional 3,764 shares during the period. Wealth Alliance’s holdings in iShares Select Dividend ETF were worth $1,144,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently bought and sold shares of the stock. Stock Yards Bank & Trust Co. raised its position in iShares Select Dividend ETF by 14.5% in the 2nd quarter. Stock Yards Bank & Trust Co. now owns 13,617 shares of the company’s stock valued at $1,647,000 after purchasing an additional 1,722 shares in the last quarter. Edgestream Partners L.P. acquired a new stake in iShares Select Dividend ETF in the 2nd quarter valued at about $223,000. Moors & Cabot Inc. raised its position in iShares Select Dividend ETF by 7.2% in the 2nd quarter. Moors & Cabot Inc. now owns 5,997 shares of the company’s stock valued at $725,000 after purchasing an additional 404 shares in the last quarter. Citizens Financial Group Inc. RI raised its position in iShares Select Dividend ETF by 6.8% in the 2nd quarter. Citizens Financial Group Inc. RI now owns 57,160 shares of the company’s stock valued at $6,915,000 after purchasing an additional 3,652 shares in the last quarter. Finally, One Capital Management LLC raised its position in iShares Select Dividend ETF by 72.0% in the 2nd quarter. One Capital Management LLC now owns 3,910 shares of the company’s stock valued at $473,000 after purchasing an additional 1,637 shares in the last quarter. Institutional investors and hedge funds own 46.08% of the company’s stock.

iShares Select Dividend ETF Stock Performance

Shares of NASDAQ DVY opened at $134.71 on Thursday. iShares Select Dividend ETF has a fifty-two week low of $102.66 and a fifty-two week high of $136.11. The firm has a market capitalization of $20.02 billion, a PE ratio of 13.25 and a beta of 0.87. The stock’s 50-day simple moving average is $129.70 and its 200-day simple moving average is $124.08.

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.