iShares Select Dividend ETF (NASDAQ:DVY) Hits New 1-Year High at $104.90

Shares of iShares Select Dividend ETF (NASDAQ:DVY) reached a new 52-week high on Thursday . The company traded as high as $104.90 and last traded at $105.03, with a volume of 8638 shares changing hands. The stock had previously closed at $103.77.

The business has a fifty day simple moving average of $103.48 and a two-hundred day simple moving average of $100.35.

Hedge funds have recently bought and sold shares of the business. Bank of America Corp DE increased its position in iShares Select Dividend ETF by 0.6% in the second quarter. Bank of America Corp DE now owns 8,819,612 shares of the company’s stock worth $878,080,000 after buying an additional 56,291 shares in the last quarter. Morgan Stanley increased its position in iShares Select Dividend ETF by 3.7% in the second quarter. Morgan Stanley now owns 5,575,097 shares of the company’s stock worth $555,057,000 after buying an additional 199,964 shares in the last quarter. Envestnet Asset Management Inc. increased its position in iShares Select Dividend ETF by 2.8% in the third quarter. Envestnet Asset Management Inc. now owns 1,548,957 shares of the company’s stock worth $157,916,000 after buying an additional 42,812 shares in the last quarter. Royal Bank of Canada increased its position in iShares Select Dividend ETF by 3.8% in the second quarter. Royal Bank of Canada now owns 1,339,505 shares of the company’s stock worth $133,360,000 after buying an additional 48,440 shares in the last quarter. Finally, LPL Financial LLC increased its position in iShares Select Dividend ETF by 2.6% in the second quarter. LPL Financial LLC now owns 1,159,944 shares of the company’s stock worth $115,484,000 after buying an additional 28,941 shares in the last quarter.

iShares Select Dividend ETF Company Profile (NASDAQ:DVY)

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.

See Also: Price to Earnings Ratio (PE) Basics

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