Financial Counselors Inc. Has $3 Million Stake in iShares Select Dividend ETF (NASDAQ:DVY)

Financial Counselors Inc. increased its position in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 12.7% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 22,224 shares of the company’s stock after purchasing an additional 2,506 shares during the quarter. Financial Counselors Inc.’s holdings in iShares Select Dividend ETF were worth $3,002,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in the company. Addison Advisors LLC lifted its holdings in shares of 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 buying an additional 120 shares in the last quarter. 1620 Investment Advisors Inc. acquired a new position in shares of iShares Select Dividend ETF in the second quarter valued at about $30,000. ORG Partners LLC bought a new position in iShares Select Dividend ETF during the second quarter worth about $32,000. Family Firm Inc. acquired a new stake 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 in the 3rd quarter valued at about $36,000. 46.08% of the stock is currently owned by institutional investors.

iShares Select Dividend ETF Stock Up 0.2 %

Shares of NASDAQ:DVY opened at $143.41 on Friday. iShares Select Dividend ETF has a 12-month low of $111.20 and a 12-month high of $144.09. The company’s 50 day moving average price is $136.57 and its two-hundred day moving average price is $129.90. The firm has a market cap of $21.37 billion, a PE ratio of 13.25 and a beta of 0.87.

iShares Select Dividend ETF Dividend Announcement

The business also recently disclosed a dividend, which was paid on Monday, September 30th. Shareholders 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 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.