Highline Wealth Partners LLC Purchases New Shares in iShares Select Dividend ETF (NASDAQ:DVY)

Highline Wealth Partners LLC acquired a new position in shares of iShares Select Dividend ETF (NASDAQ:DVY) in the 3rd quarter, Holdings Channel.com reports. The fund acquired 1,507 shares of the company’s stock, valued at approximately $204,000.

Several other institutional investors and hedge funds also recently bought and sold shares of DVY. Addison Advisors LLC grew its position in iShares Select Dividend ETF by 107.1% in the 2nd quarter. Addison Advisors LLC now owns 232 shares of the company’s stock valued at $28,000 after acquiring an additional 120 shares during the last quarter. 1620 Investment Advisors Inc. purchased a new stake in shares of iShares Select Dividend ETF during the second quarter valued at $30,000. ORG Partners LLC bought a new position in shares of iShares Select Dividend ETF in the second quarter worth about $32,000. Family Firm Inc. purchased a new position in iShares Select Dividend ETF in the 2nd quarter worth about $36,000. Finally, ORG Wealth Partners LLC bought a new stake in iShares Select Dividend ETF during the 3rd quarter valued at about $36,000. 46.08% of the stock is owned by hedge funds and other institutional investors.

iShares Select Dividend ETF Price Performance

Shares of DVY stock opened at $133.37 on Wednesday. The company has a market capitalization of $19.89 billion, a P/E ratio of 13.25 and a beta of 0.87. The company’s 50-day simple moving average is $133.91 and its two-hundred day simple moving average is $127.04. iShares Select Dividend ETF has a one year low of $103.14 and a one year high of $137.26.

iShares Select Dividend ETF Announces Dividend

The company also recently disclosed a dividend, which was paid on Monday, September 30th. Investors of record on Wednesday, September 25th were paid a $1.5496 dividend. The ex-dividend date of this dividend was Wednesday, September 25th.

About iShares Select Dividend ETF

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.