Hilltop Holdings Inc. Has $2.74 Million Stock Holdings in iShares Select Dividend ETF (NASDAQ:DVY)

Hilltop Holdings Inc. lifted its holdings in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 10.6% in the third quarter, Holdings Channel.com reports. The institutional investor owned 20,251 shares of the company’s stock after acquiring an additional 1,949 shares during the period. Hilltop Holdings Inc.’s holdings in iShares Select Dividend ETF were worth $2,735,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Addison Advisors LLC raised its stake in iShares Select Dividend ETF by 107.1% during the second quarter. Addison Advisors LLC now owns 232 shares of the company’s stock worth $28,000 after acquiring an additional 120 shares in the last quarter. 1620 Investment Advisors Inc. bought a new stake in shares of iShares Select Dividend ETF during the 2nd quarter valued at approximately $30,000. ORG Partners LLC acquired a new position in iShares Select Dividend ETF during the 2nd quarter worth approximately $32,000. Family Firm Inc. bought a new position in iShares Select Dividend ETF in the 2nd quarter valued at approximately $36,000. Finally, ORG Wealth Partners LLC acquired a new stake in iShares Select Dividend ETF in the third quarter valued at approximately $36,000. Institutional investors and hedge funds own 46.08% of the company’s stock.

iShares Select Dividend ETF Stock Performance

NASDAQ DVY opened at $141.85 on Tuesday. The firm’s fifty day moving average price is $136.69 and its two-hundred day moving average price is $130.08. The stock has a market cap of $21.07 billion, a PE ratio of 13.25 and a beta of 0.87. iShares Select Dividend ETF has a fifty-two week low of $112.42 and a fifty-two week high of $144.09.

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 given a dividend of $1.5496 per share. 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.