Arthur M. Cohen & Associates LLC Acquires 755 Shares of iShares Select Dividend ETF (NASDAQ:DVY)

Arthur M. Cohen & Associates LLC raised its holdings in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 18.1% in the 3rd quarter, Holdings Channel.com reports. The firm owned 4,922 shares of the company’s stock after buying an additional 755 shares during the quarter. Arthur M. Cohen & Associates LLC’s holdings in iShares Select Dividend ETF were worth $663,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Addison Advisors LLC lifted its position in iShares Select Dividend ETF by 107.1% in the second quarter. Addison Advisors LLC now owns 232 shares of the company’s stock worth $28,000 after buying an additional 120 shares during the last quarter. 1620 Investment Advisors Inc. bought a new stake in shares of iShares Select Dividend ETF in the 2nd quarter worth about $30,000. ORG Partners LLC purchased a new position in shares of iShares Select Dividend ETF during the 2nd quarter worth about $32,000. Family Firm Inc. bought a new position in iShares Select Dividend ETF during the 2nd quarter valued at about $36,000. Finally, ORG Wealth Partners LLC purchased a new stake in iShares Select Dividend ETF in the 3rd quarter worth 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 NASDAQ DVY opened at $133.38 on Tuesday. iShares Select Dividend ETF has a 1 year low of $105.58 and a 1 year high of $137.26. The firm has a 50-day simple moving average of $134.11 and a two-hundred day simple moving average of $127.53. The company has a market cap of $19.87 billion, a P/E ratio of 13.25 and a beta of 0.87.

iShares Select Dividend ETF Dividend Announcement

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

iShares Select Dividend ETF Company 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.