Resources Management Corp CT ADV bought a new position in shares of iShares Select Dividend ETF (NASDAQ:DVY) during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 291 shares of the company’s stock, valued at approximately $30,000.
A number of other hedge funds have also recently added to or reduced their stakes in the stock. Strategic Blueprint LLC bought a new position in shares of iShares Select Dividend ETF during the 3rd quarter worth about $26,000. Personal Wealth Partners bought a new stake in iShares Select Dividend ETF in the second quarter valued at about $28,000. Coastal Capital Group Inc. acquired a new position in iShares Select Dividend ETF in the second quarter worth about $29,000. Selective Wealth Management Inc. acquired a new position in iShares Select Dividend ETF in the third quarter worth about $30,000. Finally, Manchester Capital Management LLC lifted its stake in iShares Select Dividend ETF by 198.2% during the third quarter. Manchester Capital Management LLC now owns 334 shares of the company’s stock worth $34,000 after purchasing an additional 222 shares during the period.
NASDAQ DVY opened at $103.87 on Friday. The stock’s 50 day moving average is $103.17 and its two-hundred day moving average is $100.13. iShares Select Dividend ETF has a 1-year low of $84.62 and a 1-year high of $104.46.
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.
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